Reference no: EM131000328
Fill in the blanks below. In an unconstrained maximization problem:
a. An activity should be increased if______exceeds______.
b. An activity should be decreased if______exceeds______.
c. The optimal level of activity occurs at the activity level for which______equals
d. At the optimal level of activity,______is maximized, and the slope of______ equals the slope of______.
e. If total cost is falling faster than total benefit is falling, the activity should be______.
f. If total benefit is rising at the same rate that total cost is rising, the decision maker should______.
g. If net benefit is rising, then total benefit must be rising at a rate______(greater than, less than, equal to) the rate at which total cost is______(rising, falling).
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Daniel-s income tax basis for gain is
: In 2012, Rebecca made a gift of stock (basis of $203,000 and fair market value of $263,000) to her son, Daniel. As a result of the gift, Rebecca paid a gift tax of $75,000. Daniel's income tax basis for gain is:
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What is the breakeven point in sales dollars
: Tanaka Company has fixed costs of $14,000. Their contribution margin ratio is 40% and ratio of selling expenses to sales is 20%. What is the breakeven point in sales dollars?
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An accurate reflection of average well-being in the united
: Some economists argue that businesses will not discriminate in the job market because that would mean they could end up hiring less qualified people. This, in turn, would mean that their business operation would run less efficiently. Comment on this ..
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Construction cost index for such equipment has increased
: A 1000 gallon metal tank cost $150,000 when it was fabricated 15 years ago. What would a 5000 gallon tank cost today if the power sizing eponent is .6 and the construction cost index for such equipment has increased from 200 to 500 over the last 15 y..
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In an unconstrained maximization problem
: Fill in the blanks below. In an unconstrained maximization problem: The optimal level of activity occurs at the activity level for which______equals. At the optimal level of activity,______is maximized, and the slope of______ equals the slope of_____..
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What steps would be taken to report the error
: Refer to the situation described in BE 9-14. What steps would be taken to report the error in the 2011 financial statements?
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Is machining is a non-value-added activity
: Is Machining is a non-value-added activity?
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Bryant company sells glass vases at a wholesale price
: Bryant Company sells glass vases at a wholesale price of $2.6 per unit. The variable cost of manufacture is $0.35 per unit. The monthly fixed costs are $9,000. Bryant's current sales are 25,000 units per month. If Bryant wants to increase operating i..
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Marginal value for the last cup of coffee that you consume
: Suppose your weekly demand equation for Tim Hortons coffee is Q = 30 – 5P, and the price is $2/cup. Draw a demand curve and answer the following questions: How many cups of coffee will you buy per week? What is the marginal value for the last cup of ..
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