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CIS 360 - Business Database Concepts – DB Design The following spreadsheet is a sample that is currently being used to track company data. However, employees have been complaining about the amount of maintenance needed to sustain the data. EMP_NAME PROJ_NUM PROJ_NAME EMP_NUM 1 Hurricane JOB_CODE JOB_CHG_HOUR PROJ_HOURS EMP_PHONE 101 John D. Newson EE 85.00 13.3 653-234-3245 1 Hurricane 105 David F. Schwann CT 60.00 16.2 653-234-1123 1 Hurricane 110 Anne R. Ramoras CT 60.00 14.3 615-233-5568 2 Coast 101 John D. Newson EE 85.00 19.8 653-234-3254 2 Coast 108 June H. Sattlemeir EE 85.00 17.5 905-554-7812 3 Satellite 3 Satellite 3 Satelite 110 Anne R. Ramoras CT 62.00 11.6 615-233-5568 105 David F. Schwann CT 26.00 23.4 653-234-1123 123 Mary D. Chen EE 85.00 19.1 615-233-5432 3 Satellite 112 Allecia R. Smith BE 85.00 20.7 615-678-6879 1. List the issues that will arise by using this as a way to store and maintain company data. Use the actual data as examples in your explanation. 2. Create a…

OneLogin x B Achieve Assignments - ECO2023 X Assessment - Microeconomics 68 X rning.com/courses/b390dd47-7af5-4231-b050-94a970e501f8/4/dc7abv/tools/assessment/items/247874a5-e17c-49e. Completed 14 out of 20 Question 4 of 20 Entrepreneurs deserve the profits they earn because they O have college degrees. O bear the risks of failure and bankruptcy. extract rent from fixed inputs. are visionaries. LAPTOP LOGIN USERNAME: student PASSWORD: Broward

erslerim > 2020-2021 Güz Dönemi > SIYASAL BILGİLER FAKULTESİ > IKTISAT > 2021G-ECON211-1228167 > Genel > Fina Site ana sayfası Takvim Nişanlar Tüm dersler Course dashboard The marginal product of labor in the production of computer chips is 25 chips per hour The marginal rate of technical substitution of hours of labor for hours of machine capital is 1/2. What is the marginal product of capital? Yanıt A SONRAKİ SAYFA

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1 2 WN 3 4 5 6 7 8 9 WN=86 10 11 12 A B Capital (K) 1 1 1 1 1 1 1 1 1 1 с Labor (L) 1 AWNP 2 3 4 5 6 7 8 9 10 Total Product (TP) 10 Average Product (AP) 10 12.33 12.25 == 10.67 9.57 8.38 5.8 22 37 58 64 67 E 64 F Marginal Product (MP) 10 12 12 9 3 -3 -6 G 13 14 a. Complete the table above (SHOW FORMULAS USING EXCEL) 15 b. Create the graph of Total Product, Average Product, and Marginal Product as a function of Labor (SHOW STEP BY STEP PROCESS USING EXCEL) 16

riants/950245/take/20/ MULTIPLE CHOICE Question 19 Many countries around the world have started making the move from a command economy to a free market economy in recent years. One of the biggest challenges for these countries is the transition from state-owned enterprises to those owned by individuals or organiza- tions other than the state. What is this transition called? A B C D sole proprietorship business structure public enterprise privatization ó ó ó o ó ó ó ó o o ó ó ó ó ó ŏ čŏ ● ¤ 9 Sanges Saved of 21 Total Questions Answered < ☆ Continue

The ciange in revenueleamed by the business as it employees an additional nit of an input holding otier resource use constant is: (a) Fhe Marginal physical product fb) Fhe Total physical product.- (c) The Average physicał product OThe Marginal value product

Production costs of books are presented in the table below. Labor Quantity Fixed Cost Variable Cost Total Cost MarginalCost AverageTotal Cost 0 0 $80 $0 $80     1 10 $80 $30 $110     2 26 $80 $60 $140     3 46 $80 $90 $170     4 65 $80 $120 $200     5 78 $80 $150 $230     Using the table above, find out the marginal cost of the 46th book produced, in dollars.

Complete the Table: Capital (K) Labor (L) Total Product Average Product Marginal Product (TP) (AP) (MP) 1 1 10 10 10 1222 12 1 3 37 12.33 14 12.2512 1558 9 1 6 64 10.67 1 7 9.57 3 1 8 67 8.38 1964 -3 110 5.8-6

Please explain so I can understand please engineering econ

The change i revenueleamed by the business as it employees an additional mit of an input holding other resource use constant is: (a) Fhe Marginal'pbysical product fb) Fhe Totak physical product. - (c) The Average physicał product The Marginal value product :

Microeconomics Jon quit his job as a manager at West End Savings bank where he earned $112,000 a year. He cashed in $214,000 in corporate bonds that earned 1.0% interest annually to set up a gym. Jon has decided to buy a store front and set up exercise classes. There are 1400 people who will pay $1200 a year for unlimited classes; $850 from each person goes for instructors, maintenance, equipment, insurance, depreciation etc. Write the answers to the following questions on the answer sheet. (You must show your work.) 1. List 2 (in numbers) 2 implicit costs that Jon has not included.  2. What is Jon’s pure economic profit (or loss) in numbers?

The model of competitive markets relies on the following four core assumptions: 1. There must be many buyers and sellers, none of which is large in relation to total sales or purchases. In other words, a few players can't dominate the market. 2. Each firm produces and sells a homogeneous product that is indistinguishable from all other firms' products in a given industry. That is, buyers must regard all sellers' products as equivalent, or identical. 3. Buyers and sellers have all relevant information about prices, product quality, sources of supply, etc. 4. Firms have free entry into and exit from the industry. New firms can enter the market easily, and existing firms can exit the market easily. There are no barriers to entry or exit. The first three assumptions imply that all consumers and firms are price takers. The final assumption is not necessary for price-taking behavior, but guarantees that a market remains competitive in the long run.

Microeconomics Jon quit his job as a manager at West End Savings bank where he earned $112,000 a year. He cashed in $214,000 in corporate bonds that earned 1.0% interest annually to set up a gym. Jon has decided to buy a store front and set up exercise classes. There are 1400 people who will pay $1200 a year for unlimited classes; $850 from each person goes for instructors, maintenance, equipment, insurance, depreciation etc. Write the answers to the following questions on the answer sheet. (You must show your work.) A.What are Jon’s total revenues?  B.  What are Jon’s explicit costs? In numbers  C.What is his accounting profit? in numbers D.  List 2 (in numbers) 2 implicit costs that Jon has not included.  E. What is Jon’s pure economic profit (or loss) in numbers?

BUS202 CHO7 05 Numerical Example: TC, TR, profit labor Capital TT, Tetal Mar Cost AVC Cost AFC ATC Price Tot Rev Avg Rev Var Flxed Profit Mar Rev Avg profit Cost Cost 0100100 100 NA NA NA NA 10 00 -100 NA NA 115 20 100 120 4 4 20 24 10 50 10 -70 -14 10 2 1 15 40 100 140 2 2.67 6.67 9.33 10 150 10 10 0.67 10 3 1 23 60 100 160 2.5 2.61 4.35 6.96 10 230 10 70 3.04 10 4 1 27 80 100 180 5 2.96 3.70 6.67 10 270 10 90 3.33 10 5 1 29 100 100 200 10 3.45 3.45 6.90 10 290 10 90 3.10 10 6. 1 30 120 100 220 4.00 3.33 7.33 10 300 10 80 2.67 10 20 Assume Wages $20 per unit 6:52 / 9:13 YouTube E] CC 59. What is the level of output where MR=MC in the video? Select one: a. Q=3 b. Q=4 C. Q=5 d. Q=6

workers ouput marginal product  total cost average total cost marginal cost 0 0 0 200 0 $0 1 20 20 300 $15 $5 2 50 30 400 $8 $3.33 3 90 40 500 $5.56 $2.50 4 120 30 600 $5 $3.33 5 140 20 700 $5 $5 6 150 10 800 $5.33 $10 7 155 5 900 $5.8 $20 a.) can you explain dimisnishing marginal product based on those numbers?  b.) compare the column for average total coat and the column for marginal cost. Explain the relationship.

explain why why is industrialization is important in worls history. include evidence as to why it is important. response should be atlest 300

The table below shows the costs incurred at Polly's potato farm. Complete the table. >>>Answer to 2 decimal places. L 0 1 2 3 4 4000-60 2017 0-0000-0000-0000 TP TVG TC 0 0 70 32 92 212 292 30 60 90 130 AFC 120 190 2.19 160 0.33 AVC ATC 0.94 3.13 0.65 1.41 0.24 0.41 0.75 MC 0.94 0.50 0.25

MindTap-Cengage Learning X /static/nb/ui/evo/index.html?deploymentld-58326557198082800211662038eISBN=9781337914413&nbld-3236996&snapshotld-3236996&id=16: Courses My Drive - Google...MyHarper | Students CENGAGE MINDTAP Aplia Homework: Demand, Supply, and Markets WAGE (Dollars per hour) 20 18 16 14 12 10 8 6 4 2 0 X 0 • I Supply I I T Demand I I II I || 1 50 100 150 200 250 300 350 400 450 500 LABOR (Thousands of workers) In this market, the equilibrium hourly wage is S H Graph Input Tool Market for Labor in the Fast Food Industry Chapter 4 HW Flashcards | Quizle X + Wage (Dollars per hour) Labor Demanded (Thousands of workers) and the equilibrium quantity of labor is Search L pe U 8 8 Suppose a senator introduces a bill to legislate a minimum hourly wage of $8. This type of price control is called a 300 Labor Supplied (Thousands of workers) thousand workers. O 3 D 200

UIl Compietion Status: QUESTION 1 Study the production schedule below: Units of labour Total product Average product AP Marginal product MP TP 45 2 135 270 135 4. 105 150 Fill in the blanks with the correct values.

ull touch LTE 10:11 PM @ O 35% Done A docs.google.com AA C account * Required Section C Which of the following statements is true? * If average product equals marginal product, average product decreases. If marginal product equals average product, marginal product is a maximum. If marginal product equals average O product, average product is a maximum. If marginal product exceeds average product, marginal product increases.

Menemenspor Company needs to determine the production plan for the 3 periods whose demand values are given below. They will use chase strategy. Period May 23 2000 June July Working Days Demand 20 14 1950 1900 The company produced 28800 units in the last year using 60 workers in 240 days. Hiring cost is S600 per worker and firing cost is 800 per worker. Inventory holding cost is S3 per item and the pay S100 to every worker daily. Currently there are 37 workers in the company. a. Find how many items a worker can produce per day. b. Fill in the following production table. Period Working days May June July 23 20 14 Demand 2000 1950 1900 Units/worker Workers needed Workers available Workers hired Hiring cost Workers fired Firing cost Labor cost c. Calculate the total labor cost of the whole plan..

ome - unwsp.edu n ECO2201UPSP21-D02/20580: X es.unwsp.edu/mod/assign/view.php?id%3D1835936 Paused google * 0日区 y! Allie Zimmer OF theROCK Email Services Help and Support TERN response. For questions regarding how you will be assessed, please view the Calculation Assignment Rubric, located in the Rubric Directory under Course Resources. 2/20580 Calculate the rate of inflation and the price index - Problem 34 (page 230 in text book) The total price of purchasing a basket of goods in the United Kingdom over four years is: year 1 = £940; year 2 = £970; year 3 = £1000; and year 4 = £1070. Calculate two price indices, one using year 1 as the base year (set equal to 100) and the other using year 4 as the base year (set equal to 100). Then calculate the inflation rate based on the first price index. If you had used the other price index, would you get a different inflation rate? of Do the calculations to support your answer. Submission status 24 W 31 Submission No attempt status Grading status…

* MindTap - Cengage Learning D ) (4) lofi hip hop radio - beats X g.cengage.com/static/nb/ui/evo/index.html?deploymentld=590512258542108435051542&elSBN=9780357114582&id=D1062959402. 5 * CENGAGE MINDTAP Q Search this course HW 6 20 A-Z 18 Stock DET 16 Ofice 14 12 Stock AIL 10 Stock INO 4 2 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 RISK (Beta) A stock is in equilibrium if its required return its expected return. In general, assume that markets and stocks are in equilibrium (or fairly valued), but sometimes investors have different opinions about a stock's prospects and may think that a stock is out of equilibrium (either undervalued or overvalued). Based on the analyst's expected return estimates, stock INO is , stock AIL is in equilibrium, and stock DET is RATE OF RETURN (Percent)

Problem 1:William is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William’s pizza shop owns four ovens and the cost of the four ovens is $1,000. Each worker is paid $500 per week. Workers employed Qty of pizzas produced per week 012345678 075180360600900114012601360 Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary. Why would marginal productivity decline when you hire more workers in the short run after a certain level? How would expanding the business affect the economies of scale? When would you have constant returns to scale or diseconomies of scale? Describe your answer.

Problem 1:William is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William’s pizza shop owns four ovens and the cost of the four ovens is $1,000. Each worker is paid $500 per week. Workers employed Qty of pizzas produced per week 012345678 075180360600900114012601360 Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary. Which inputs are fixed and which are variable in the production function of William’s pizza shop? Over what ranges do there appear to be increasing, constant, and/or diminishing returns to the number of workers employed? What number of workers appears to be most efficient in terms of pizza product per worker? What number of workers appears to minimize the marginal cost of pizza production assuming that each pizza worker is paid $500 per week? Why would marginal productivity decline when you hire more workers in the short run after…

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(TCO C)  You have been hiredto manage a small manufacturing facility whose cost and productiondata are given in the table below.No. of workers     Total LaborCost      Output     TotalRevenue          1                     $150                 100            $170          2                      300                 108              550          3                     450                 114            1150          4                      600                 119            1470          5                     750                123            1600          6                     900                 125            1700          7                     1050                 126            1750 Based on your knowledge of marginal analysis, how manyworkers should you hire? Explain youanswer.

+ e © 96% = PM Fri 19 Mar A elearn.squ.edu.om AA O Homework 2 (chapter 5) (page 7 o... n LANC1071_Spring21: Mid-Semest.. O ECON1211_a.naz1_Spring21: Hom. JE-LEARNING SYSTEM (ACADEMIC) rinciples of Microeconomics - Spring21 uestion yet wered rked out of S- MSC -25 Flag estion 20 15 10 5 D- MSB 2 4. Quantity (thousands of gloves per day) In the above figure, when the efficient quantity of gloves is produced, the total consumer surplus is Select one: $3,000. Ob. $15,000. O c. $22,500. O d. $45,000. Price (dollars per pair of gloves)

Question 5 Consider a corn farmer with one acre of land. In addition to land, other factors include quantity of seeds, fertilizer, water, and labor. Assume the farmer has already decided how much seed, water, and labor he will be using this season. He is still deciding on how much fertilizer to use. Units of Fertilizer Total Ears of Corn Marginal Ears of Corn 100 250 425 550 600 525 1 2 3 4 5 6 a) Determine the marginal ears of corn and complete the table. b) At what point does diminishing returns set in for the farmer? Justify your response.

2500 2000 1500 Returns te scale: 0.33 1000 Price 2 10 15 20 25 30 Size dength in feet) 35 40 Rental price 100 The interactive above is from the loarning object, it will automatically find the profit maximizing length of the truck Adam should rent at given prices, rental rates, productivities, and returns to scale. It only the productivity of the truck Adam chooses to rent decreases, which of the following would be true at the new profit maximizing level of output and length of truck? Select the two that apply O A decrease in marginal cost O A decrease in total costs O A decrease in total revenuo O An incroase in the amount of labor Adam hires Revenue