Problem Set 3 Name: Lauren Hensley Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: -0.333 $1.50 - $2.00: -0.6 $2.00 - $2.50: -1 $2.50 - $3.00: -1.66 If the price of graham crackers is $2.50 should firms raise or lower
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May 22‚ 2015 Hamzeh Khirfan Legal‚ Political‚ Ethical Dimensions of Business – Week 3 Assignment. 1. What court decided the case in the assignment? Court of Appeals of Ohio‚ First District‚ Hamilton County. 2. According to the case‚ what must a party establish to prevail on a motion for summary judgment? In order to prevail on a motion for summary judgment‚ a movant has the burden to demonstrate that no genuine issue of material fact remains to be litigated‚ that is entitled to judgment as
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375 Week 5 HomeworkChapter 7 2. What assumptions cause the immediate-short-run aggregate supply curve horizontal? Why is the long run aggregate supply curve vertical? Explain the shape of the short-run aggregate supply curve. Why is short-run curve relatively flat to the left of the full-employment output and relatively steep to the right? The long-run aggregate supply curve is vertical because the economy’s potential output is set by the availability and productivity of real resources instead
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Problems (p. 297) 7-2 Constant Growth Valuation Boehm Incorporated is expected to pay $1.50 per share dividend at the end of this year (i.e.‚ D (1) = $1.50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock‚ r(s)‚ is 15%. What is the value per share of Boehm’s stock? 1.50 / (0.15 – 0.07) = $18.75 7-4 Preferred Stock Valuation Nick’s Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each
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Solutions to Graded Problems Math 200 Section 1.6 Homework 2 September 17‚ 2010 20. In the theory of relativity‚ the mass of a particle with speed v is m = f (v) = m0 1 − v 2 /c2 where m0 is the rest mass of the particle and c is the speed of light in a vacuum. Find the inverse function of f and explain its meaning. Solution. We simply solve for v: m= m0 1− v 2 /c2 =⇒ m 1 − v 2 /c2 = m0 =⇒ m2 1 − v2 c2 = m2 0 m2 v2 =⇒ 1 − 2 = 0 c m2 =⇒ v2 m2 =1− 0 c2 m2 m0 m m0 m 2 =⇒
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self-assessments: A Twenty-First-Century Manager‚ “TT” Leadership Style‚ Intuitive Ability‚ Conflict Management Strategies‚ Time Management Profile‚ Organizational Design Preference‚ and Which Culture Fits You?” These self-assessments are located in Week 1 of your course shell. Read the scoring narrative provided at the end each self-assessment and record your score in the appropriate area below. Then‚ read the interpretation narrative and write a brief interpretation of what your score means. Assessment:
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"Homework is an excellent activity and task for the students. When you are in college‚ there are numerous things taught to you on a regular basis. And to become successful in life you need to learn all these things and to ensure complete learning of all the concepts‚ you need to keep practicing them and homework is something that helps you practice and revise them. Not only in academics‚ homework is something that gives you overall exposure and overall learning in several different ways. You get
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Week 3 Homework 1. Some Classical and Monetarist economists claim that inflation is always a "monetary phenomenon." What do they mean by this claim and are they correct? They use the equation MV=PQ to show that any change in the amount of money in a system will change the price level. I believe that history shows they are correct‚ if the Fed reserve started printing a bunch of money without taking any out of circulation‚ then prices would go up for everything. 2. How can a higher price of oil create
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Week 4 – Check Your Understanding: Chapter 7 Exercise 1‚ 6‚ 8‚ and 9 1. In the Deep Creek Mining Company example described in this chapter (Table 7.1)‚ suppose again that labor is the variable input and capital is the fixed input. Specifically‚ assume that the firm owns a piece of equipment having a 500-bhp rating. a. Complete the following table: |LABOR INPUT L (NO. OF WORKERS)|TOTAL PRODUCT TPL (=|MARGINAL PRODUCT MPL |AVAERAGE PRODUCT APL | | |Q)
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3-1 Days Sales Outstanding Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Formula for DSO = Receivables/ Ave sales per day = Receivables/( Annual sales/365) = 20 days x $20‚000= $400‚000 Solution: AR = $400‚000 3-2 Debt Ratio Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and common equity. What is
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