Cost and Price Analysis Instructor: Name: Class: Finance 230 Date: Period: Results: 1) Why is it important for the government to exercise good fiscal judgment when spending funds? Government employees are held responsible for use of good judgment so those excessive prices are not paid. 2) List and describe four types of market based pricing. Be sure to provide at least one (1) example of each type. Competitive Offers – response to solicitation encouraging competing offers Established
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CPI is a statistical time-series measure of a weighted average of prices of a specified set of goods and services purchased by consumers. It is a price index that tracks the prices of a specified basket of consumer goods and services‚ providing a measure of inflation. \CPI is a fixed quantity price index and considered by some a cost of living index. Under CPI‚ an index is scaled so that it is equal to 100 at a chosen point in time‚ so that all other values of the index are a percentage relative
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Argentina In Argentina war of independence was fought from 1810 to 1818 by Argentine forces under Jose de San Martin against royalist forces loyal to the Spanish crown. On July 9‚ 1816‚ an assembly met in San Miguel de Tucuman‚ declared full independence with provisions for a national constitution. Chile This war of independence was an armed conflict between the people of Chile and Spanish colonial authorities‚ which started on September 10‚ 1810 and extended until 1821.A declaration of independence
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contribute to rising gasoline prices. The major cause for increasing gasoline prices has to do with refining capacity. Even if oil were inexpensive‚ we would still have a problem converting it into the gas that fuels our economy. That is what keeps the gas prices high. When gas supplies are short‚ due to an “inability to refine crude oil into gas efficiently‚” prices increase. This is a component of supply and demand economics. In a positive aspect‚ rising gasoline prices do serve a purpose; they
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GDP Calculation (expenditure approach) Consumption(C): –The spending by households on goods and services‚ with the exception of purchases of new housing. •Investment (I): –The spending on capital equipment‚ inventories and structures‚ including household purchases of new housing. •Government purchases (G): –The spending on goods and services by local‚ state and federal governments. –Does notinclude transfer payments because they are not made in exchange for currently produced goods
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Price elasticity of demand In economics and business studies‚ the price elasticity of demand (PED) is an elasticity that measures the nature and degree of the relationship between changes in quantity demanded of a good and changes in its price. Introduction When the price of a good falls‚ the quantity consumers demand of the good typically rises; if it costs less‚ consumers buy more. Price elasticity of demand measures the responsiveness of a change in quantity demanded for a good or service to
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Who Don’t Fight Evil Fight Statues: I believe that fighting for a cause is more effective than fighting against the opposing side. This helps promote the ideas and rights that citizens are trying to fight for‚ helping move society forward. If people were to fight against their enemies this doesn’t solve any problems‚ but create tension which is what America doesn’t need. However‚ I don’t believe that the left side fights against “lesser or made-up evils”. There are many battles to fight‚ and when
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become more fashionable This will increase the demand in small automobiles b. The price of large automobiles rises (with the price of small autos remaining the same) The demand will increase c. Income declines and small autos are an inferior good. The demand will increase d. Consumers anticipate that the price of small autos will greatly come down in the near future. The demand will decrease e. The price of gasoline substantially drops This statement is unclear. You can’t really tell
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by Tim O’Brien shows how the soldiers are themselves and can also be serious. O’Brien also sees how Vietnam changes the soldiers and how they see the world now. There will be people that will ask if it’s true or not true they can asks what happened. There can be different ways to tell a story but they can ask what happen. O’Brien would know which story he really believes. O’Brien will give use by looking at Rat’s point of view‚ and Sanders point of view of Lemon death and how Rat copes with a letter
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1) This was a 2nd entry short coming off a larger double top soon after the regular market open this morning. Notice that you could have taken the first entry off the DT‚ but because it was so close to the open‚ it was probably better to wait a few minutes and not get trapped on the wrong side of the early morning move that usually happens right after the 8:30 AM CST opening. If you took the first entry which was one tick below the arrow‚ then it was a good trade all the same and it was not wrong
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