Page 1 of 10 Section A: Multiple Choice Answer ALL questions. Each question is worth 1 mark. Record your answers in the answer booklet. 1. In the sequential version of a game using the same players, the same strategies, and the same possible outcomes as the original game, the equilibrium a. b. c. d. may be different than in the original game. must be different than in the original game. will be the same as in the original game. is the same as the cooperative version of the original
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merging of the two companies is highly benefical socially and economically. I will then state that when all stakeholders are considered, the merging of these two companies would be in everyone’s interest. The overall benefit would be a net reduction in cost to the consumer. Introduction Recently, Visy Industries Australia Pty Ltd seeks clearance from Australian Competition and Consumer Commission (ACCC)to acquire certain business and assets of HP Industries Pty Ltd. It raises concerns socially and
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AMSPAR Diploma In Primary Care Management Unit 602 Financial Management And Budgeting In a Primary Care And Health Environment By Graham Morrison Task 1 1a. Evaluate the information and processes required to be able to set a budget, which supports the organisation's business goals. Discuss how you would use them to prepare, formulate and monitor a budget. The objectives of budget preparation are shown in the table below. Objective |
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2012 and 2060, from 43.1 million to 92.0 million (2012). It is a fact that this segment of the population has more complex health needs and utilizes health care services more readily than any other group. Though the physician workforce shows some marginal growth, with a projected increase in physicians of 7% in the next ten years, it is still not enough to satisfy demand (AAMC, 2012). Older patients require more time, attention, and coordination of their health care needs. Even with the
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1. Everyone’s Gasoline Problems - In today’s economy the price of gas has sky rocketed due to America’s decision to be less dependent on foreign oil due to the recent discovery of many oil reserves here on our soil. In recent years the gas prices in my area have been declining; however, we have experienced several periods of a steady range of prices meaning they don’t go higher than a certain price while never dropping below another price as well. After doing some research about my areas gas prices
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Appshop, Inc., is the consulting firm for the client who has given a project OS-7 project providing 3 different ways of payment. Upon the costs incurred by the consulting firm, it analyses the best option. Cost to the consulting firm: Time required for the work: 1000 * 24= 24000 Total cost: 140 * 24000 = 33,60000 Revenue for the year: 175000*24= 42,00,000 Marginal savings: 42,00,000 - 33,60000= 840000 |Client’s 1st proposal |Monthly |Annual | | |Fixed payment: 155000 |37,20,000 | | |Saving: 37
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ECON 6110 MANAGERIAL ECONOMICS Take-Home Exam November 28, 2012 Question 1: In order for Amazon to maximize its profit, the Marginal Revenue needs to equal the Marginal Cost. * MR=MC P MC AC P1 MR D Q1 Q On the above graph we can see that Amazon maximizes its profit at P1 and Q1. Now lets find the values of Q1 and P1. Given information: MC=$7.25; Q=14.5-P; predicted orders =50 million;
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LEARNING ASSIGNMENT 1 UNIT 3 QUESTIONS 1. Explain the law of diminishing marginal returns? 2. Explain the following terms: a. Isoquant b. Marginal rate of technical substitution c. Isocost and what is the composition of this equation. 3. How do we determine the optimum level of for two inputs in the long run? 4. How do we determine the optimal level of a single input in the short run? Graph 1 K E D
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Ch 11 #1, 2, 4, 6, 7(DW), 12(DW), 18, 21, 22, TW11 Question 1. Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.50. The marginal cost of producing the product is constant at $75, while average total cost at current production levels is $200. Determine your optimal per unit price if: a. You are a monopolist. b. You compete against one other firm in a Cournot oligopoly. c. You compete against 19 other firms in a Cournot oligopoly
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least additional cost. The regain value should be derived from the benefit gain over the additional cost; which has to be realized in positive node with respect to the aggregate impact on the organization. Q2 What are the steps involving in Project Crashing? First, the marginal cost has to be calculated in relation with the project crash for each activity. Crash Cost Per Time Period or Margin Cost= Marginal Cost = (change in cost)/(change in time) = (Crash cost - Normal cost)/(Normal time
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