RELATED QUESTIONS

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  1. The demand for personal computers can be characterized by the following point elasticities: price elasticity = 5, cross-price elasticity with software = 4, and income elasticity = 2.5. Indicate whether each of the following statements is true or false, and explain your answer. A. A price reduction for personal computers will increase both the number of units demanded and the total revenue of sellers. B. The cross-price elasticity indicates that a 5% reduction in the price of personal computers will cause a 20% increase in software demand. C. Demand for personal computers is price elastic and computers are cyclical normal goods. D. Falling software prices will increase revenues received by sellers of both computers and software. E. A 2% price reduction would be necessary to overcome the effects of a 1% decline in income.
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  Fort fabricators, Paris France entered into a contract with ABS Computer INC, is Texas U.S.A. The contract provides that Fort Fabricators deliver 1000 personal housings by November 1 to ABS Computer INC, for a total price of 50000 USD. On july 1 Fort fabricators emailed ABS computer that due to a rise in raw material they could not deliver the computer housings for less than 60000 USD, ABS computer inc replied it would insist on the original price in the contract. Fort fabricators did not reply further. From July 1 to October 1, ABS Computer inc could have purchased the substitute housings from other suppliers for 55000 USD. On November 1, ABS computer INC, bought the housings for 64000 for delivery on January 5, because of the delay until January 5; ABS computer Inc, suffered additional damages of 2000. What is the amount of damages the ABS computer INC was entitled to ? Explain
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  After the execution of the following code, what will be the value of c if a is worth 7 and if b is -5? begin a = 7 b = -5 c = a-b c = c + a End *
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  Daily PLC produces & sale product A. It uses three different kind of direct materials D.M. X, Y and Z.. 6, 4 and 2 k.g of material X,Y and Z are required to produce a unit of product A. The materials cost br. 10, 12 and 14 per unit respectively. 4 labor hours at rate of 25 per hour are required to completely produce one unit of A.. MOH is applied to the products at 50 % of prime cost. Operating expenses are equal to 80% of cost of goods manufactured. During the period just ended 60 units of A were produced and sold for 100% profit on Cost of Goods manufactured. There were no beginning and ending inventory. The firm is subject to 30 percent income tax rate. Required: Compute the following for product A. A. . Total Cost of Goods manufactured B. B. Total sale. C. D. Net Income
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  Speaking of promises, what happened to the promise for the US to negotiate the price of perscription drugs?
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  What is the price of the whole electrostatic automatic spraying production line？
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  Read the scenario. Levi examines the effect of fertilizer on the growth of tomato plants. Over a 15-day period, he gives the plants fertilizer on Days 1, 4, 7, 10, and 13. He measures and records the height of all of his plants on Days 3, 6, 9, 12, and 15. His observations are shown in the table below. A data table showing four plants, the amount of fertilizer each is given (in milliliters), and their heights (in centimeters) at 6 separate measuring periods (in days): Plant A: 0 milliliters of fertilizer. Heights: (day 0, 4 centimeters) (day 3, 7), (day 6, 10), (day 9, 12), (day 12, 15), (15, 18). Plant B: 10 milliliters of fertilizer. Height: (day 0, 4 centimeters), (day 3, 9), (day 6, 14), (day 9, 19), (day 12, 21), (day 15, 25). Plant C: 20 milliliters of fertilizer. Height: (day 0, 4 centimeters), (day 3, 12), (day 6, 20), (day 9, 27), (day 12, 34), (day 15, 42). Plant D: 30 milliliters of fertilizer. Height: (day 0, 4 centimeters), (day 3, 13), (day 6, 22), (day 9, 29), (day 12, 38), (day 15, 46).
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  Are the final product of a dysfunctiomal family talk line?
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  Advised a company for years about errors in their online system. Mostly ignored. If they provide 2x the product I purchased, OK to keep?
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  Which of the odd one out? (A)2012 (B)2010(C) 2008 (D)2004