Economics Test Questions Essay

Words: 1247
Pages: 5
Open Document
BUSN 603 MULTIPLE CHOICE QUESTIONS SET PART 2-8 http://www.coursehomework.com/product/busn-603multiple-choice-questions-set-part-2-8/
Contact us at:
 +1 315-750-4434
 help@coursehomework.com
Final Exam
BUSN 603 Multiple Choice Questions Set Part 2-8
Jane wants to set up a photo shop. The cost to rent is $150 per week. The variable cost of making one photo is $20 and she can sell it for $50.
1. Jane has to sell ______ photos per week to break even
2. If Jane sells 10 units ,her profits would be ______ dollars
Paul wants to choose one of the two investments opportunities over three possible scenarios. Investment 1 will yield a return of $10000 in scenario1, $2000 in scenario 2 and a negative return of $5000 in scenario 3. …show more content…
Does the company just make enough economy gasoline to meet the demand?
A/Yes, yes b/Yes,no c/No,yes d/No,no 2/ To minimize the production cost , the optimal amount of X100 crude oil used in producing regular gasoline is ________barrels and the optimal amount of X220 Crude oil used in producing regular gasoline is _______ barrels.
3/ To minimize the production cost , the optimal amount of X100 crude oil is used in producing economy gasoline is ________barrels and the optimal amount of X220 crude oil used in producing economy gasoline is __________.
At a car wash station , on average , there are 4 cars coming in for service every 10 minutes. The average wash time is 2 minutes. The poisson distribution is appropriate for the arrival rate and service times are exponentially distributed.Please convert all rates into cars per hour and answer the following questions.
1/ The average time a car spent in the waiting line is ______hours and the total time a car spent in the car wash station is _____hour.
2/The average number of cars in this car wash station is _______
3/ The probability that there are no cars in this station is ________
4/ The probability that there are exactly two cars in this station is _________
To study the weight accuracy of a 50lbs fertilizer bag. 12 samples of 12 bags of fertilizer in each sample were taken and the results are as follows
MEAN RANGE
Sample 1
Show More

Related Documents: Economics Test Questions Essay

Anson Standardized Test

poorly on standardized tests compared to whites. It starts off by saying that the low performance of blacks is a national problem and isn’t centralized in just one area. He then states that “economic deprivation” (Anson 111) accounts for some but not all the gap in testing scores. When a study showed that a black child from similar economic background as a white child still does worse on a test, sociologists went to their next theory: the questions asked on standardized tests are “culturally biased”…

Words 474 - Pages 2

Principles Of Macroeconomics

School of Business XECO/212 Principles of Economics Copyright © 2009 by University of Phoenix. All rights reserved. Course Description This course introduces the fundamental theories of microeconomics and macroeconomics. The economic principles studied in this course apply to everyday life as students research a country, debate issues with trade agreements, discuss the effects of a shift in labor supply and demand, and discuss the strengths and weaknesses of the Consumer Price Index calculation…

Words 3485 - Pages 14

Questions On Macroeconomics

University of Toronto Mississauga Department of Economics ECO209Y5Y, 2014/2015, Section 1 Instructor: Brian Tavares Teaching Assistant: Junyo Kim E-mail: brian.tavares@utoronto.ca E-mail: Junyo.Kim@utoronto.ca Office hours: Fri 9:00 – 11:00, KN 3266 Office hours: TBA Class: Tue 09:10 – 11:00, CC1140 Tutorial 1: Tue 13.10 – 14.00, DV3131 Tutorial 2: Tue 15.10 – 16.00, IB280 Tutorial 3: Tue 16.10 – 17.00, CC1080 Description Macroeconomics is the study of the aggregate economy. Its concerns are therefore…

Words 1161 - Pages 5

What Are Some Of The Conditions From This Acquisition That Indicate The Acquisition Of Alcan Case Study Solution

Question 4: What are some of the conditions from this acquisition that indicate the assets value may have been impaired? (Refer in your answer to the latest BHP Annual report for any discussion on the gas assets) * Assets of $US3.3 billion were write-downs due to the ill-timed purchase of US shale gas fields last year by BHP. BHP has reportedly dropped a 22 per cent of underlying profits excluding impairments of $US16.9 billion. The company announced $US9.3 billion of impairments, primarily…

Words 1145 - Pages 5

Decision Theory and Final Test Essay

Advanced Engineering Economics. Study Guide for the Final Test. Fall 2012 The final test will be open notes open book. My cell phone is 409 291 3862,. My office is at Cherry engineering room 2203, should you have questions. What to study for the final test The final test is a comprehensive test. Please study ALL the material from your previous test The following three topics were not covered in the previous tests and are scheduled to be evaluated in the final test. Topic 1. Taxes and depreciation…

Words 436 - Pages 2

Standardized Testing In Schools

know that test scores may affect their future lives, they do whatever they can to pass them, including cheating and taking performance drugs, the student now has made him/herself believe they must have this drug to do well. Because teachers know that test scores may affect their salaries and job security, they also cheat just like the students. What an example right? Teachers will go through an average change of 5 test in 2 years with the promise after the test they will receive results…

Words 1045 - Pages 5

Andrew Jackson History Essay examples

TOPIC 12 - THE AGE OF JACKSON Take Test: Checkpoint Quiz 12 Course Menu: 2142-HIST-1311-701-U.S.-HISTORY-TO-1865--2014-Spring Course Basics Course Materials Announcements Fast Facts - Information Dual Credit High School Students Only Group Discussion Board Send Email Group Homepage Take Test: Checkpoint Quiz 12 Content Top of Form Assistive Technology Tips [opens in new window] Instructions Timed Test This test has a time limit of 10 minutes.This test will save and submit automatically when the…

Words 391 - Pages 2

School system Essay

Lincoln University ECONOMICS FOR MANAGERS Several public school districts have attempted to increase teacher productivity by paying teachers based on the scores their students achieve on standardized tests (administered by outside testing agencies). The goal is to achieve higher quality-classroom instruction. Do you think this type of compensation scheme will produce the desired outcome? Explain your economic reasoning as it applies to both a public district and a private (for profit) school…

Words 400 - Pages 2

Court Case Analysis: The Wells Fargo Case

and the case is appealable to the Eighth Circuit. The court discussed and employed the two-part test set forth in Rice’s Toyota World, Inc. v. Commissioner. Under this test, the two considerations whether a transaction is a sham is if the transaction “lacks economic substance because of no real potential for profit exists apart from tax benefits” and if the transaction “was not motivated by any economic purpose outside of tax considerations.” In the court’s discussion of the objective prong, the…

Words 360 - Pages 2

Example: Qualitative Research and Economic Growth Essay

Carolina (USA) African-American students: A case study. Teaching and Teacher Education, 23, 529-540. Summary of article Introduction Low income and ethnic minority students in American schools are more likely to have lower achievement and aptitude test scores, more likely to be placed in special education, and more likely to drop out of school. Possible factors for these discrepancies include inequitable access to health care, the difficulty of the family in supplementing education at home, a lower…

Words 3338 - Pages 14