1. The production possibilities frontier is
a. a map which shows the frontier beyond which agriculture is unprofitable.
b. a map which shows areas of the world in which capitalist production is now
c. a graph that shows the vario
Econ 2302 Chapter 2 (The market system and the circular flow)
1. A production possibilities curve (PPC) illustrates the attainable combination:
2. Which of the following describe a command system? Government ownership of most or all
resources and a govern
The PPF between goods X and Y will be a downward-sloping
A) straight line if increasing opportunity costs exist.
B) straight line if decreasing opportunity costs exist.
C) curve that is bowed outward if increasing opportunity costs exist.
D) curve that
Which of the following describe the law of demand? All other things being equal as price increases,
quantity decreases, All other things being equal, as price decreases, quality demanded increase
Is a schedule of curve showing the various amounts of a pro
If a good is nonrival and nonexcludable then it is known as public good
Government intervention may be needed to achieve economic efficiency when externalities affect large
numbers of people or when community interests are at stake
Public goods are distin
Econ Chapter 5
Government failure refers to economically inefficient outcomes cause by shortcomings in the pubic
Fiscal policy attempts to use changes in taxation and spending levels to offset the business cycle
Chronic budget deficits can: result
Homework Week 6 Review Chapters 1- 3, 6 and 7
The homework this week is broken it into three parts for submission (indicated by Roman numerals).
That way you dont have to keep reentering so many things. I broke the questions into small units so it
I agree with your statement that it is important that managers understand the three types of
manufacturing costs which are direct material, direct labor, and overhead (Edmond, 2016).
Understanding and managing these costs may be the catalyst that contribu
I agree with your analysis on the operation of a business and how someone can determine the
success or decline of a business by reviewing the data of each cost structure. You can also
determine this by reviewing their annual income tax return. As you stat
The book states the manufacturing cost associated with a manufacturing enterprise includes
direct materials, direct labor, and manufacturing overhead (Edmonds, T. P., Edmonds, C. D., Tsay,
B.-Y, & Edmonds, C. D. ,2000). Theresa stated what each of these w
Indirect supplies in an office setting such notepads, pens, staplers, and copy paper can be
considered indirect manufacturing overhead. From my desk alone I would consider my mouse
pad and screen protector on my monitor as non substantial items that do no
I liked reading your essay. The quickest adjustment that most organizations make pertaining to
cost seem to be labor cost. It appears to be the first cost adjustment made, because once
situations change, increasing labor after downsizing is as simple as t
I completely agree with you saying that managers need to understand the three cost terms
direct material cost, direct labor cost, and manufacturing overhead. If the manager was in
charge of walmart, he/ she would need to understand how to calculate the th
Your post caught my attention with your mentioning of the Lean Six Sigma Management
strategies to reduce manufacturing costs. I have participated in such training in the past through
my employer and have found the approach very interesting. Upon further r
I agree with your statement that every company must invest into three types of costs, direct
material, direct labor and manufacturing overhead costs. Each of these costs play an integral
role in the success of a company. Direct material costs is the cost
Ten Principles of Economics
Principals of Microeconomics
Governments Role and
Government Economics role
Government possesses the legal right to force people to do
Government's ability to force people to do things can b
Econ 2302- Spring 2017
Instructor: Dr. Bayanpour-Tehrani
Practice questions for exam 3
Note: The final is cumulative. Review the previous practice questions.
1. Economic profits are calculated by subtracting:
explicit costs from total revenue.
Econ 2302- spring 2017
Instructor: Dr. Bayanpour-Tehrani
Practice questions for exam 2 ( Chapters 5,6,7)
1. Refer to the diagram. Between prices of $5.70 and $6.30:
D1 is more elastic than D2.
D2 is an inferior good and D1 is a normal good.
D1 and D2 have
Likewise, as illustrated in the sample of standards below, the new standards demand new levels
of rigor in developing higher order thinking skills (e.g., synthesis, analysis, interpretation).
Figure 1: CCSS Demands
New levels of performance to higher stan
We believe all children can learn to high standards and our work should be focused
on ensuring each child achieves to these goals. We believe:
Teaching and learning should be aligned to the rigorous state standards for
career and college readiness (CCR/CC
We believe literacy teaching and learning is a shared responsibility across grade
levels,departments, and content areas, across schools, across organizational levels
(e.g., teachers, coaches, principals, district administrators, policy makers), and with
Shelby County Schools
Comprehension Literacy Improvement Plan Principal
All stakeholders have a critical role to play in empowering and supporting teachers and schools
to reach our shared vision of effective instructionas defined in the TNCore st
Play and sing the songs from the book in a performance, including the spring
Students will sing and play in a performance.
The Adventures of Gilly, the
Guitar Book 3 CD
Prepare for and participate effectively in
As described in Reading Nexts report on adolescent literacy,
part of what makes it difficult to meet the needs of struggling readers and writers
is that these students experience a wide range of challenges that require an equally
wide range of interventio
Say the musical alphabet, lines and spaces
Play half steps, whole steps, and accidentals on the fingerboard Quizzes and worksheets
should be used to assess knowledge and understanding of standard music signs and symbols.
Central to achieving these goals and Destination 2025 is the need for dramatic
improvement in literacy teaching and learning to the States new standardsfor
career and college readiness, TNCore (also called CCR or College and Career Ready
standards). Our s
To that end, this document contains an overview of the CLIP for teachers and school-based staff.
It is designed to ensure that all teachers understand our plan for ensuring equity in academic
rigor across the District and explains our thinking about high-
In CLIP and CCR-aligned literacy classrooms, all students engage with high
quality, grade level texts and tasks (in Tier 1)1 and receive the
differentiated scaffolds and support they need to do so (across tiers). The
standards across the domains of litera