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Question 1:
Consider the linear demand curve for Maize with the demand function Qd=578.66-73.17P, Given the elasticity of the linear demand function of Maize Qd=A-BP at price P is Ed=-B(P/Q), where Q the quantity demanded of Maize. At what price will total expenditure on Maize be largest?
Question 2:
Suppose you hire a machine to work on your field for up to six hours. The total cost of the work is C(H)=110H+40H2 and the marginal cost is MC(H)=110+80H and the MB(H)=654-80H. What will you choose to maximize your utility?
Show the role of the internal audit committee in current corporate governance practice and what does the committee do? What criteria are used to select members of the committee?
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In Microsoft Word write a memo to her advising how she might modify her current manual accounting system to accommodate the expanded business activities. Geiger is accustomed to checking her ledger by using a trial balance.
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