IE401-Econ401 MidTerm Managerial Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one
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people have done so within the last day or so‚ and not even have known. Creativity is one of the most common ways for an individual to be able to express themselves. The way a person dresses‚ acts‚ problem-solves‚ or even communicates are all different ways that a person expresses themselves through creativity. Without creativity‚ every individual would be the same; I would be the same as the person sitting next to me‚ or even you‚ the person reading this paper. So what exactly is creativity
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Advertisements are too misleading nowadays. What is your view? Advertisements can take different forms such as television‚ radio‚ display lights‚ newspapers‚ adverts or magazine adverts‚ leaflets‚ posters/billboards‚ sides of bags/vehicles‚ direct mail‚ internet and cinema. Advertising can either be informative or persuasive. It is true that businesses do spend a lot of money to advertise their products in order to boost their sales and thus their profit; in other words for their own purpose. They
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RELOADED IN THIS CHAPTER • What is the canon? • What is literature? • Quality control • The classic • Canon clues • Summing up • Words‚ words‚ words • Read and view more • Final words What is the canon? When you hear the word ‘canon’‚ you generally think of a large‚ heavy weapon on wheels that fires lead balls at some enemy army across a field. That‚ of course‚ would be a ‘cannon’ and not what we are talking about here. Although‚ in the study
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What is play? What is play? The word play is usually used to describe the activities of children from babyhood until the early teenage years. There is no neat definition that will cover all the meanings given by parents‚ early years and playwork practitioners and other adult commentators - let alone how children talk about play when their opinions are invited. Yet there are some common themes: • Play includes a range of self-chosen activities‚ undertaken for their own interest‚ enjoyment
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What is drawing? According to dictionary‚ Drawing is a form of visual expression and is one of the major forms within the visual arts. There are a number of subcategories of drawing such as cartoons‚ monochromatic‚ color pencil drawing‚ and other types of drawings. More interesting fact about drawing through reading this book was that it did not come actually part of term art. Drawing was exist for the long time of the period and used as communication‚ but as times go by‚ all the people founded old
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Monophyletic group- Consists of an ancestral population‚ all of its descendants and only those descendants. Paraphyletic- An evolutionary unit that includes an ancestral population and some‚ but not all of its descendants. They are not meaningful units in evolution. Polytomy- Term for internal node that has more than 2 descendants (sister taxa) Homoplasy- Similarity among organisms of different species due to convergent evolution. Compare with homology. Example: Bird wings versus Bat wings. Both different
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Latasha Thomas January 20‚ 2013 HSM 260 Jerome Anderson Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their
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annually for human consumption. That is an average of 320‚000 pigs killed daily (Organic Consumers Association). In the context of morality‚ can the United States be challenged for the mass killings of pigs? Although this cannot be said for certain‚ what can be noted is that different nations and communities have different methods of sustenance‚ all derived from their respective cultures. Take for instance‚ the much practiced American tradition of Thanksgiving: a harvest festival which
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is sharing ways of behavior ‚ thinking and beliefs it is not inherited it’s something you learn from your family‚ friends and workplace . A person’s nature cannot be assumed as culture‚ cultures are integrated it is mainly based on symbols. The characteristic of cultures is the interaction and change that occurs‚ culture includes race‚ ethnicity‚ age‚ gender and etc. According to the article what is culture ‚ the term culture was first used by the anthropologist named Edward B. Taylor in the book
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