...Answer Keys to HW5 Ch 13 4. Here is the table of costs: Workers Output Marginal Product Total Cost Average Total Cost Marginal Cost 0 0 --- $200 --- --- 1 20 20 300 $15.00 $5.00 2 50 30 400 8.00 3.33 3 90 40 500 5.56 2.50 4 120 30 600 5.00 3.33 5 140 20 700 5.00 5.00 6 150 10 800 5.33 10.00 7 155 5 900 5.81 20.00 a. See the table for marginal product. Marginal product rises at first, then declines because of diminishing marginal product. b. See the table for total cost. c. See the table for average total cost. Average total cost is U-shaped. When quantity is low, average total cost declines as quantity rises; when quantity is high, average total cost rises as quantity rises. d. See the table for marginal cost. Marginal cost is also U-shaped, but rises steeply as output increases. This is due to diminishing marginal product. e. When marginal product is rising, marginal cost is falling, and vice versa. f. When marginal cost is less than average total cost, average total cost is falling; the cost of the last unit produced pulls the average down. When marginal cost is greater than average total cost, average total cost is rising; the cost of the last unit produced pushes the average up. Ch 14 9. a. If firms are currently incurring losses, price must be less than average total cost. However, because firms in the industry are currently producing output, price must be greater than average variable cost. If firms are maximizing profits, price...
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...ANSWER KEY Comma Exercises WR, P1-1 (p 288-9) Directions: Add or delete commas where necessary in the following sentences. If a sentence is correct, write “correct” after it. a. Chinatown is generally considered to be part of the hard-boiled detective genre, but it contains many conventions that make it unlike other detective films. Correct b. As an intern, I learned about all aspects of the broadcasting industry (no comma) and trained specifically in fundraising efforts. c. J.R.R. Tolkien finished writing his draft of The Lord of the Rings trilogy in 1949, but the first book in the series wasn’t published until 1954. d. German shepherds can be gentle guide dogs, or they can be fierce attack dogs. e. Some former professional cyclists claim that performance-enhancing drug use is widespread in cycling, and they argue that no rider can be competitive without doping. 1. Reptiles are cold-blooded (no comma) and are covered with scales. 2. The low-key lighting effect known as chiaroscuro was first used in German Expressionist filmmaking (no comma) and was later seen in American film noir. 3. Freedom is an important value for many Americans, so it is a central theme in much of our political rhetoric. Correct 4. Advertisers use a variety of techniques to grab the audience’s attention and to imprint their messages into consumers’ minds. Correct 5. Many musicians of Bach’s time played several instruments, but few mastered them...
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...Despite being overstretched, [Chef] Bugnard [of the Cordon Bleu cooking school] was infinitely kind, a natural if understated showman, and he was tireless in his explanations. He drilled us in his careful standards of doing everything the “right way.” He broke down the steps of a recipe and made them simple. And he did so with a quiet authority, insisting that we thoroughly analyze texture and flavor: “But how does it taste, Madame Scheeld?” One morning he asked, “Who will make oeufs brouilléstoday?” The GIs [my fellow students] were silent, so I volunteered for scrambled-egg duty. Bugnard watched intently as I whipped some eggs and cream into a froth, got the frying pan very hot, and slipped in a pat of butter, which hissed and browned in the pan. “Non!” he said in horror, before I could pour the egg mixture into the pan. “That is absolutely wrong!” … With a smile, Chef Bugnard cracked two eggs and added a dash of salt and pepper. “Like this,” he said, gently blending the yolks and whites together with a fork. “Not too much.” He smeared the bottom and sides of the frying pan with butter, then gently poured the eggs in. Keeping the heat low, he stared intently at the pan. Nothing happened. After a long three minutes, the eggs began to thicken into a custard. Stirring rapidly with the fork, sliding the pan on and off the burner, Bugnard gently pulled the egg curds together—“Keep them a little bit loose; this is very important,” he instructed. “Now the cream...
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...reproduction. C. cognitive changes in adolescence have a major impact on sexuality. D. it is not until adolescence that sexual activity begins to take on the social meaning it will continue to have throughout adulthood. Answer: A 2. Sex play that is innocuous during childhood is no longer innocuous during adolescence because: A. children report erotic feelings before puberty. B. the hormonal changes of puberty result in an increased sex drive in adolescence. C. children are not capable of kissing, petting, masturbating, or sexual intercourse before puberty. D. with puberty, pregnancy becomes a serious possibility. Answer: D 3. Which of the following is not considered an aspect of positive sexual development that adolescents face? A. becoming comfortable with one’s maturing body B. reconciling feelings of sexual arousal with one’s religious beliefs C. feeling comfortable in choosing to engage or not to engage in sexual activity D. understanding and practicing safe sex Answer: B 4. “Sexual socialization” refers to: A. a person’s sexual orientation. B. a person’s social skills in sexual relationships. C. the way in which an individual is educated about sexuality. D. the degree to which an individual is comfortable with his or her sexuality. Answer: C 5. On Steve’s 13th birthday, his father wants to educate him about sex, so they sit down to have a “man to man” talk about the “birds and the bees.” This process is called: A. sociosexual preparation. ...
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...HW4 Thermodynamics Answer Key | Procedure Answer the following questions as your teacher discusses the Introduction to Thermodynamics presentation. List three examples of a thermodynamic system. a. Nuclear power b. Electronic heat sink c. Rocket launch Define thermal energy. * Kinetic energy in transit from one object to another due to temperature difference Define temperature. * The average kinetic energy of particles in an object * Define absolute zero. All kinetic energy is removed - 0K Define thermal equilibrium. Touching objects within a system reach the same temperature Define the 1st Law of Thermodynamics. Thermal energy can change form and location, but it cannot be created or destroyed. List two ways thermal energy can be increased in a system. d. Adding thermal energy e. Performing work on the system Define the 2nd Law of Thermodynamics. Thermal energy flows from hot to cold. Define entropy. The measure of how evenly distributed heat is within a system Define convection. The transfer of thermal energy by movement of fluid (liquid or gas) List two examples of convection. f. Weather g. Boiler systems Define conduction. The transfer of thermal energy within an object or between objects from molecule to molecule List two examples of conduction. h. Metal spoon i. Heat through a wall * Conduction Equations: Define...
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...28-2 (Key Question) Assuming the level of investment is $16 billion and independent of the level of total output, complete the following table and determine the equilibrium levels of output and employment in this private closed economy. What are the sizes of the MPC and MPS? | | | | | |Possible levels |Real domestic | | | |of employment |output (GDP=DI) |Consumption |Saving | |(millions) |(billions) |(billions) |(billions) | | | | | | | | | | | | | | | |40 |$240 | |$244 | |$ _____ | |45 |260 | |260 | |$ _____ | |50 |280 | |276 | |$ _____ | |55 |300 | |292 | |$ _____ ...
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...IS3350 Security Issues in Legal Context QUIZ 1 IS3350 Assessment Answer Key Revision Table Change Date Implementation Date Updated Section Change Description Change Rationale 07/11/2011 All New Curriculum New Curriculum September 2011 December 2011 12/02/2011 Q12 and Q32 1) Final Exam Q12: Answer Key modified 2) Final Exam Q32: Both question and Answer Key modified Corrections -1- Change Date: 12/02/2011 IS3350 Security Issues in Legal Context QUIZ 1 Quiz 1 Answer Key Question Number Correct Answer Course Objective Tested 2.1, 2.5 2.3 2.3 1.3 2.5 Reference in Course Source Page (s) Ch 2, p. 37 Ch 2, p. 38 An Introduction to Law and Information Security Issues Ch 2, p. 38 Ch 2, p. 41 Ch 2, p. 56 1. 2. 3. 4. 5. b a b a c -2- Change Date: 12/02/2011 IS3350 Security Issues in Legal Context QUIZ 1 Quiz 2 Answer Key Question Number Correct Answer Course Objective Tested 4.1-4.2 4.2 4.2 4.3 4.4 Reference in Course Source Page (s) Ch 4, p. 94 Ch 4, p. 95 An Introduction to Law and Information Security Issues Ch 4, p. 93 Ch 6, p. 147 Ch 6, p. 161 1. 2. 3. 4. 5. c b c b b -3- Change Date: 12/02/2011 IS3350 Security Issues in Legal Context QUIZ 1 Quiz 3 Answer Key Question Number Correct Answer Course Objective Tested 5.2 5.4 5.1 6.3 6.4 Reference in Course Source Page (s) Ch 5, p. 135 Ch 7, p. 187 1. 2. 3. 4. 5. a c c b d An Introduction...
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...resources into the goods and services end users purchase and consume. The supply chain includes the set of firms and individuals that sells goods and services to the firm. The distribution chain is the set of firms and individuals that buys and distributes goods and services from the firm. The customers of cost accounting are managers, from plant managers to the CEO. Value-added activities are activities that customers perceive as adding utility to the goods or services they purchase. Nonvalue-added activities do not add value to the goods or services. By classifying costs this way, the cost accounting system can help the manager identify areas (processes) that can be improved, lowering costs and adding value to the organization. Answers will vary, but should include some of the following: Title | Major Responsibilities and Major Duties | Chief financial officer (CFO)...
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...Exercise 7-1 (15 minutes) Case 1 Case 2 Item Relevant Not Relevant Relevant Not Relevant a. Sales revenue X X b. Direct materials X X c. Direct labor X X d. Variable manufacturing overhead X X e. Book value—Model A3000 machine X X f. Disposal value—Model A3000 machine X X g. Depreciation—Model A3000 machine X X h. Market value—Model B3800 machine (cost) X X i. Fixed manufacturing overhead X X j. Variable selling expense X X k. Fixed selling expense X X l. General administrative overhead X X Exercise 7-2 (30 minutes) 1. No, the housekeeping program should not be discontinued. It is actually generating a positive program segment margin and is, of course, providing a valuable service to seniors. Computations to support this conclusion follow: Contribution margin lost if the housekeeping program is dropped $(80,000) Fixed costs that can be avoided: Liability insurance $15,000 Program administrator’s salary 37,000 52,000 Decrease in net operating income for the organization as a whole $(28,000) Depreciation on the van is a sunk cost and the van has no salvage value since it would be donated to another organization. The general administrative overhead is allocated and none of it would be avoided if the program were dropped; thus it is not relevant to the decision. The same result can be obtained with the alternative analysis below: Current Total Total If House-keeping...
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...Case Discussion 1 In the Sales/Delivery Method, the revenue is recognized when the grain is purchased and received by the grain elevator. Thus, the sales revenue was calculated by multiplying 180,000 bushels by an average price of $2.90/bushels. The cost of Sales was calculated by multiplying these 180,000 bushels by total production cost per bushels of $ 0.531. In the balance sheet, inventory is made up of 30,000 bushels stored at the farm at a current price of $3.07. The Accounts Receivable balance includes the 20,000 bushels awaiting collection at a price of $2.90 per bushel. Case Discussion 2 Under the Collection Method, the revenue is recorded when the cash is actually received by the grain elevator. Therefore, the sales revenue was calculated by multiplying 160,000 bushels by an average price of $2.90/bushels. The cost of Sales was calculated by multiplying these 160,000 bushels by total production cost per bushels of $ 0.531. In the balance sheet, inventory is made up of 50,000 bushels stored at the farm at a current price of $3.07. Accounts Receivable is zero under this method. Case Discussion 3 For the Production Method, Revenue is measured as soon as the crops have been harvested, the sales revenue was calculated by multiplying 2100,000 bushels by an average price of $2.90/bushels. The cost of Sales was calculated by multiplying these 210,000 bushels by total production cost per bushels of $ 0.531. In the balance sheet, Accounts Receivable balance...
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...Testing with success series The Essay Exam Organization and neatness have merit Before writing out the exam: ▪ Write down their key words, listings, etc, as they are fresh in your mind. Otherwise these ideas may be blocked (or be unavailable) when the time comes to write the later questions. This will reduce "clutching" or panic (anxiety, actually fear which disrupts thoughts). Set up a time schedule to answer each question and to review/edit all questions ▪ If six questions are to be answered in sixty minutes, allow yourself only seven minutes for each ▪ If questions are "weighted", prioritize that into your time allocation for each question ▪ When the time is up for one question, stop writing, leave space, and begin the next question. The incomplete answers can be completed during the review time ▪ Six incomplete answers will usually receive more credit than three, complete ones Read through the questions once and note if you have any choice in answering questions ▪ Pay attention to how the question is phrased, or to the "directives", or words such as "compare", "contrast", "criticize", etc. See their definitions in "Essay terms" ▪ Answers will come to mind immediately for some questions Before attempting to answer a question, put it in your own words ▪ Now compare your version with the original. Do they mean the same thing? If they don't, you've misread the question. You'll be surprised how often they don't agree...
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...ANSKEY KEY AUDITING THEORY (2011 EDITION) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 C A C C B C B C D C B D C D C B A A D D Chapter 1 21 C 41 22 A 42 23 B 43 24 C 44 25 B 45 26 B 46 27 B 47 28 D 29 C 30 C 31 C 32 B 33 B 34 D 35 B 36 D 37 D 38 C 39 B 40 B 61 62 63 64 65 66 67 68 69 70 71 D C D D A B C 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 C C A C B B C B C C D D A A B C A A C A A C D A A D C A A B C B B A C C D A A B Chapter 2 21 A 41 22 C 42 23 C 43 24 C 44 25 B 45 26 B 27 B 28 C 29 B 30 D 31 B 32 C 33 D 34 C 35 D 36 C 37 D 38 D 39 D 40 D Chapter 9 21 A 41 22 B 42 23 D 43 24 A 44 25 B 45 26 B 46 27 D 47 28 C 48 29 C 49 30 A 50 31 A 32 C 33 D 34 B 35 B 36 D 37 B 38 B 39 C 40 C D B D A A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 D C C C C B D C C D C D C A C A A B B B A A B A C D A C D D A D A D C C C C D A Chapter 3 A 41 A 22 B 42 A 23 D 43 B 24 B 44 D 25 B 45 C 26 A 46 A 27 B 47 A 28 D 48 B 29 A 49 B 30 C 50 D 31 C 51 D 32 A 52 C 33 C 53 C 34 B 54 C 35 D 55 D 36 C 56 D 37 B 57 C 38 A 58 A 39 A 59 B 40 D 60 C 21 61 62 63 64 65 66 67 68 B C D D B B A C 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 B A D D B A C A B B D D B D D D A A C D A B A B C D D B B A B D D B A C D B D D Chapter 4 21 D 41 22 A 42 23 C 43 24 A 44 25 C 45 26 B 46 27 D 28 D 29 B 30 C 31 C 32 C 33 D 34 C 35 B 36 B 37 D 38 A 39 D 40 A C C C C D D 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 A C C A C D A D B D B C...
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...Examiners’ Report June 2013 GCE Geography 6GE03 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the UK’s largest awarding body. We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. For further information visit our qualifications websites at www.edexcel.com or www.btec.co.uk. Alternatively, you can get in touch with us using the details on our contact us page at www.edexcel.com/contactus. Giving you insight to inform next steps ResultsPlus is Pearson’s free online service giving instant and detailed analysis of your students’ exam results. • See students’ scores for every exam question. • Understand how your students’ performance compares with class and national averages. • Identify potential topics, skills and types of question where students may need to develop their learning further. For more information on ResultsPlus, or to log in, visit www.edexcel.com/resultsplus. Your exams officer will be able to set up your ResultsPlus account in minutes via Edexcel Online. Pearson: helping people progress, everywhere Pearson aspires to be the world’s leading learning company. Our aim is to help everyone progress in their lives through education. We believe in every kind of learning, for all kinds of people, wherever they are in the world. We’ve been involved in education for over 150 years, and by working across 70 countries, in 100 languages, we have built an international...
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...Final: Algorithms Spring 2016 I _(your name)____________ did not collaborate with any person on this exam. I understand that doing so will result in a 0 for the Final Exam. • You can use online references, but write answers in your own words! Cite any references used. Answer the question in your own words, no credit will be given for answers copied from any source. • No collaborating with other people; a 0 will be given if any collaboration evidence is found. Ask me for a hint if you are stuck on any particular problem. • I am looking for very specific, detailed, correct, and complete answers. • Most answers found on the Internet (especially Wikipedia) are generic answers for people without a networking background and...
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...environment, the Windows clipboard is disabled, so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the Save Answers button in the exam frequently! This helps prevent connection timeouts that might occur with certain Internet service providers, and also minimizes lost answers in the event of connection problems. If your Internet connection does break, when you reconnect, you will normally be able to get back into your Final Exam without any trouble. Remember, though, that the exam timer continues to run while students are disconnected, so students should try to re-login as quickly as possible. The Help Desk cannot grant any student additional time on the exam. 3. See Syllabus "Due Dates for Assignments & Exams" for due date information. 4. Reminders * You will only be able to enter your online Final Exam one time. * Click the Save Answers button often. * If you lose your Internet connection during your Final Exam, logon again and try to access your Final Exam. If you are unable to enter the Final Exam, first contact the Help Desk and then your instructor. * You will always be able to see the time remaining in the Final Exam at the top right of the page. 5. Assessments with Multiple Pages * Make sure you click the Save Answers button before advancing to the next page (we also suggest clicking on Save Answers while you are working). * Complete all of the pages before submitting your Final Exam...
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