W01 Syllabus Quiz_ Econ Principles & Prob Micro-MM
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150
Subject
Economics
Date
May 5, 2024
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3
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W01 Syllabus Quiz
Due Apr 27 at 11:59pm
Points 4
Questions 8
Available until May 4 at 11:59pm
Time Limit None
Allowed Attempts Unlimited
Instructions
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
60 minutes
4 out of 4
Score for this attempt: 4 out of 4
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This attempt took 60 minutes.
Question 1
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Preparation
Study the Syllabus
(https://byui.instructure.com/courses/290142/assignments/syllabus) then take this
short quiz about course expectations.
Conditions
This is an open-book quiz that you will complete by yourself. Do not get help from classmates or
other people.
The quiz is not timed.
You have unlimited attempts to take the quiz before the due date.
Take the Quiz Again
In this class, everyone should be guided at all times by the following principles of personal honor.
Principles of Personal Honor: "True at all Times"
Personal honor is integrity in fulfilling commitments, responsibilities, and covenants.
Personal honor begins with willing obedience and is fully developed when we consistently govern
ourselves by true principles.
Personal honor increases spiritual strength through the ministry of the Holy Ghost.
Personal honor is central to every aspect of our lives, including the BYU-Idaho experience.
3/5/24, 23:34
W01 Syllabus Quiz: Econ Principles & Prob Micro
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False
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4-7
5-8
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9-12
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Question 4
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Question 5
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Personal honor brings us joy and happiness; deepens our desire to love, serve, and lift others;
and ultimately helps us to become more like the Savior.
I have read the above principles of personal honor, and I understand that it is important for me to
strive to follow the above principles in my association with others in this class.
How many hours each week should you plan to spend working on this class? Each of the three exams are closed-notes and must be taken using an online proctored software
program.
I acknowledge that I have read and understand the syllabus and all assignment and exam due dates.
If I have questions about the syllabus or due dates, I will ask my instructor prior to Week 02.
McGraw-Hill Connect is optional software.
3/5/24, 23:34
W01 Syllabus Quiz: Econ Principles & Prob Micro
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Related Questions
The Pear company produces and sells pPhones. Their
production costs are $290000 plus $180 for each pPhone
they produce, but they can sell the pPhones for $250
each. How many pPhones should the Pear company
produce and sell in order to break even?
The break-even number of pPhones is
Preview
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A jeweler is considering producing a limited edition diamond bracelet, and she is trying to decide how many bracelets to produce. The table gives her estimated total cost for various production levels as well as the price she would charge
for each bracelet.
Number of
bracelets
100
200
300
400
500
600
Total cost
(thousands)
Price per
bracelet
$215
$7900
$420
$7400
$625
$5900
$820
$5000
$1015
$4200
$1205
$3600
(a) of the production levels listed in the table, which gives the highest profit?
(b) Estimate the marginal cost and marginal revenue when 400 bracelets are made.
marginal cost
$
marginal revenue
$
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Note: Plot your polnts In the order In which you would like them connected. Line segments will connect the polnts automatically.
200
175
ATC
150
125
AVC
100
MC
50
25
1
3
4
6
QUANTITY (Pairs of boots)
Grade It Now
Save & Continue
COSTS (Dollars per pair)
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Dont know how i solve this , my ans is 1.25 , but the correct one is 1.326!!
Please solve this I'm in hurry!!
( need for submit my work today only)
arrow_forward
General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are
used in their heavy duty automobiles Operations manager at Detroit plant has developed the following
supply, demand, cost, and inventory data for future planning purposes.
Supply Available
Regular
Time
Demand
Forecast
Period
Overtime
Subcontract
1
40
15
10
40
2
30
15
10
55
3
30
20
10
50
20 units
$100
Initial inventory
Regular-time cost per unit
Overtime cost per unit
Subcontract cost per unit
$160
$200
Carrying cost per unit per month
$6
Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.
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A manufacturing plant wishes to buy a new equipment so the purchasing department did some research on
different types of this equipment. In the monthly meeting, the purchasing department presented a report
about the two types of equipment that they have found. Pertinent data are as follows:
Туре А
Туре В
First cost
P250,000
P350,000
Annual operating cost
30,000
22,000
Annual labor cost
52,000
34,000
Insurance and property taxes
3%
3%
Labor/Payroll taxes
4%
4%
Estimated life
10
10
If the minimum required rate of return is 19%,
1. What is the annual worth of Type A? [ Select ]
2. What is the annual worth of Type B? [ Select ]
3. Which machine should be selected? [ Select ]
>
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S LO
20
# 3
PRICE (Dollars per hot dog)
5.
History Bookmarks People Tab
Window Help
令) 71%
Mind Tap - Cengage Learning
/index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990&
* CENGAGE MINDTAP
Q Search this course
Homework (Ch 15)
5. Monopoly outcome versus competition outcome
Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the
city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power.
The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs.
%3D
Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition.
Competitive Market
+.
4.5
PC Outcome
3.5
3.0
2.5
S=MC
1.5
0.5
D.
120
140
160 180
09
QUANTITY (Hot dogs)
40
PI
MacBook Air
DA
DD
F8
F6
F5
F4
F2
%24
6.
7.
8.
9-
4.
2.
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plz solve all parts within 30-40 mins I'll upvote your answer
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Barney need to choose between two equipment for his project. Equipment A: First cost = 200,000.00, Annual Operating Cost = 32,000.00 , Annual Labor Cost = 50,000.00 , Property taxes = 3%, Payroll taxes = 4%, Estimated life = 10 years. Equipment B: First cost = 300,000.00, Annual Operating Cost = 24,000.00 , Annual Labor Cost = 32,000.00 , Property taxes = 3%, Payroll taxes = 4%, Estimated life = 10 years. If the minimum required rate of return is 15%, what is the equivalent uniform annual cost of Equipment B?
a. P126,070
b. P124,030
c. P129,850
d. P130,870
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plz solve all parts with explanation within 30-40 mins I'll give you multiple upvote
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Question 4
XYZ Company manufactures and sells plates. Present sales output is 4,000,000 units
per year at a selling price of $.70 per unit. Fixed costs are $800,000 per year.
Variable costs are $.35 per unit.
What is the Contribution Margin for a year?
$1,400,000
$800,0000
1,600,000
$400,000
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Engineering Economics 00011
Please provide a step by step solution using ROR
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plz solve both parts within 30-40 mins I'll give upvote
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The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A ofprocessing costs 150Php/ton and recovers 93% of the gold, while Method B costs only 120Php/tonand recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by howmuch?a. Method A, by 43Phpb. Method A, by 42Phpc. Method B, by 42Phpd. Method B, by 43Php
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The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand.
Item
Lead Time
Amounton Hand
Direct Components
End
1
0
L(2), C(1), K(3)
L
2
10
B(2), J(3)
C
3
15
G(2), B(2)
K
3
20
H(4), B(2)
B
2
30
J
3
30
G
3
5
H
2
0
Click here for the Excel Data File
a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.)
b. An order for the end item is scheduled to be shipped at the start of week 8. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.)
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plz solve 8th only within 30-40 mins I'll give you upvote
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Engineering Economics 0005
Please show step by step solution
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Please no written by hand and no emage
A Russian farmer's combine harvester for wheat with a 5-meter header can be operated at 4km/hour and for 6 hours in a day. Turning, adjusting and other interruptions amount to 12% of the effective operating time. Compute the following”
a. Theoretical field capacity
b. Field efficiency
c. Effective field capacity
d. Number of days it can take to harvest 200 hectares of wheat
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100
90
80
ATC
70
50
30
AVC
20
MC
10
+
0
0
5
10
15
20
25
30
35
40
45
50
QUANTITY (Thousands of pans)
PRICE (Dollars per pan)
40
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Problem 3-18 (Algo)
New car sales for a dealer in Cook County, Illinois, for the past year are shown in the following table, along with monthly indexes
(seasonal relatives), which are supplied to the dealer by the regional distributor.
Units
Units
Sold
767
787
817
817
Month
Sold
Index
0.70
0.80
Month
Index
0.90
1.10
1.20
Jan.
643
Jul.
Aug.
Sept.
Feb.
653
Mar.
638
0.60
Apr.
May
Jun.
738
0.94
Oct.
1.20
743
843
0.89
Nov.
827
1.20
1.00
Dec.
787
1.25
Click here for the Excel Data File
b. Deseasonalize car sales. (Round your answers to the nearest whole number.)
Month
Deseasonalized
Month
Deseasonalized
Jan.
Jul.
Feb.
Aug.
Mar.
Sep
Apr.
Oc.
May
Jun.
Nov.
Dec.
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Economics
URGENT PLEASE**
As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed.
Using earned value analysis, answer the following questions:
A) What is the earned value (EV) for this project at the time of inspection (month 3)?
B) What is the planned value (PV) for this project at the time of inspection?
C) Calculate the Schedule variance (SV) and the cost variance (CV) at month 4. What do they mean?
D) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [
E) According to your…
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Economics
URGENT PLEASE**
As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed.
Using earned value analysis, answer the following questions:
A ) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [
B) According to your analysis, how much is the project going to be over budget? (Calculate the estimate to completion (ETC).)
C) As a key part in your report to the management, what is your advice for cutting the expenditure in the rest of the project, in order to finish the…
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Price/cost
MC
$52
АТС
$40
$30
$28
$20
D
$14
MR
100
130 140 160
Its total revenue will be $
Its total cost will be $
It will make a profit/loss/break even (circle one) of $
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MC
$35
ATC
AVC
15
10
500
Units of output
Cost per unit ($)
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Mc
Graw
Hill
c) Assuming that the cost of employing each worker is $220 per day (including wages and materials), and Custom Made Pot has daily
fixed costs of $400, fill in Table B given below: Round your AVC and MC answers to one decimal place.
Number
of
TP
WorkersOutput
1
2
3
A
5
6
10
80
TVC($)
220
440
180
240 830
280
1100
294
1320
660
6
TFC
Table B
TC
400
620
620
400
840
400 1060
400
1280
1280
400
1500
1720
400
AVC($)
ATC
22
62
5.5
10.5
3.67 5.89
3.67
5.33
3.9
4.5
5.3
5.8
MC($)
dy On the graph given below, plot the following points showing the quantity and dollar amounts.
point of diminishing returns (D)
most productive point (P)
economic capacity (E)
Tools
O
220
220
220
Once a point is plotted, a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.
n
D
220
220
?
P
Prev
1 of 8
SAMSUNG
Next >
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Please answer correct calculation asap plz correct option pls
Don't answer by pen paper plz
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The super powerful expert Hand written solution is not allowed
No answer from Chat GPT please
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ENGINEERING ECONOMY
RATE WILL BE GIVEN. WRITE THE COMPLETE SOLUTIONS/EXPLANATION LEGIBLY OR TYPEWRITTEN. GIVE STRAIGHT TO THE POINT EXPLANATION.
You have been taking a course on game theory at university. After attending 10 of 15 hours of classes, you realize that you don’t enjoy the subject and are likely to do poorly in the final exam. At this point, you could stop attending these classes and give up on the course. However, you decide that since you have already spent so much time going to class, it would be costly to stop attending them. Is this reasoning correct?
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plz solve both questions within 30-40 mins I'll give you and handwritten solution plz
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Phase
Requirements Planning
Design
Prototype Development
Final Development
Test
Average
Time (hours)
80
160
320
640
120
Standard
Deviation
15
25
70
100
20
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Using the Table below, what is the earliest completion time for this project?
Activity Predecessor Time(weeks)
A
8
--
B
A
C
4
D
E
A
11
F
B
3
G
DE.F
1
A) 20 weeks
B) 21 weeks
C) 19 weeks
D) 18 weeks
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Typed plz and asap please provide a quality solution for better ratings and maintain accuracy in solution and take care of plagiarism also thanks
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SEE MORE QUESTIONS
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Related Questions
- The Pear company produces and sells pPhones. Their production costs are $290000 plus $180 for each pPhone they produce, but they can sell the pPhones for $250 each. How many pPhones should the Pear company produce and sell in order to break even? The break-even number of pPhones is Previewarrow_forwardA jeweler is considering producing a limited edition diamond bracelet, and she is trying to decide how many bracelets to produce. The table gives her estimated total cost for various production levels as well as the price she would charge for each bracelet. Number of bracelets 100 200 300 400 500 600 Total cost (thousands) Price per bracelet $215 $7900 $420 $7400 $625 $5900 $820 $5000 $1015 $4200 $1205 $3600 (a) of the production levels listed in the table, which gives the highest profit? (b) Estimate the marginal cost and marginal revenue when 400 bracelets are made. marginal cost $ marginal revenue $arrow_forwardNote: Plot your polnts In the order In which you would like them connected. Line segments will connect the polnts automatically. 200 175 ATC 150 125 AVC 100 MC 50 25 1 3 4 6 QUANTITY (Pairs of boots) Grade It Now Save & Continue COSTS (Dollars per pair)arrow_forward
- Dont know how i solve this , my ans is 1.25 , but the correct one is 1.326!! Please solve this I'm in hurry!! ( need for submit my work today only)arrow_forwardGeneral Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.arrow_forwardA manufacturing plant wishes to buy a new equipment so the purchasing department did some research on different types of this equipment. In the monthly meeting, the purchasing department presented a report about the two types of equipment that they have found. Pertinent data are as follows: Туре А Туре В First cost P250,000 P350,000 Annual operating cost 30,000 22,000 Annual labor cost 52,000 34,000 Insurance and property taxes 3% 3% Labor/Payroll taxes 4% 4% Estimated life 10 10 If the minimum required rate of return is 19%, 1. What is the annual worth of Type A? [ Select ] 2. What is the annual worth of Type B? [ Select ] 3. Which machine should be selected? [ Select ] >arrow_forward
- S LO 20 # 3 PRICE (Dollars per hot dog) 5. History Bookmarks People Tab Window Help 令) 71% Mind Tap - Cengage Learning /index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990& * CENGAGE MINDTAP Q Search this course Homework (Ch 15) 5. Monopoly outcome versus competition outcome Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power. The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs. %3D Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition. Competitive Market +. 4.5 PC Outcome 3.5 3.0 2.5 S=MC 1.5 0.5 D. 120 140 160 180 09 QUANTITY (Hot dogs) 40 PI MacBook Air DA DD F8 F6 F5 F4 F2 %24 6. 7. 8. 9- 4. 2.arrow_forwardplz solve all parts within 30-40 mins I'll upvote your answerarrow_forwardBarney need to choose between two equipment for his project. Equipment A: First cost = 200,000.00, Annual Operating Cost = 32,000.00 , Annual Labor Cost = 50,000.00 , Property taxes = 3%, Payroll taxes = 4%, Estimated life = 10 years. Equipment B: First cost = 300,000.00, Annual Operating Cost = 24,000.00 , Annual Labor Cost = 32,000.00 , Property taxes = 3%, Payroll taxes = 4%, Estimated life = 10 years. If the minimum required rate of return is 15%, what is the equivalent uniform annual cost of Equipment B? a. P126,070 b. P124,030 c. P129,850 d. P130,870arrow_forward
- plz solve all parts with explanation within 30-40 mins I'll give you multiple upvotearrow_forwardQuestion 4 XYZ Company manufactures and sells plates. Present sales output is 4,000,000 units per year at a selling price of $.70 per unit. Fixed costs are $800,000 per year. Variable costs are $.35 per unit. What is the Contribution Margin for a year? $1,400,000 $800,0000 1,600,000 $400,000arrow_forwardEngineering Economics 00011 Please provide a step by step solution using RORarrow_forward
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