Opportunity cost

1.1 Power Flow Theory Power, as we know, consists of two components, active and reactive power. The total sum of active and reactive power is called as apparent power. 1.1.1 Active Power “Power is a measure of energy per unit time. Power therefore gives the rate of energy consumption or production. The units for power are generally watts (W). For example, the watt rating of an appliance gives the rate at which it uses energy. The total amount of energy consumed by this appliance is the wattage…

firms in general have a long-run target payout ratio. The role of the managers is to gradually adjust firm payment of dividends toward the target. However, in this model adjustments are partial because they are not free and the firm has to incur a cost for the adjustment. The Lintner model for partial adjustment is given by: Dit – Dit-1 = ai + ci (D*it – Dit-1) + εit (1) where Dt and Dt-1 are dividend payments at times t and t-1, D*it = riEit and r is the target payout ratio, and Et is the…

each of the customer-level operating costs as a customer output unit–level, customer batch-level, or customer-sustaining cost. Customer…

C6-1 Explain the concept of cash management and cash controls. It is important for companies to stress the importance of cash management and cash controls for their businesses to be successful by effectively managing its cash to meet the needs of all the obligations while making an acceptable return on any surplus cash. Having separation of employee duties is a good way in which companies can reduce theft, waste and loss to the business by having internal control over cash processes. Dual…

Change in the properties of objects over time is a problem for the persistence of these objects. Properties of objects change over time such as trees growing taller and candles melting. Haslanger (2003) notes that this is a problem if we want to call these objects the same thing after change even though they have incompatible properties (p. 316). The tree in the field cannot have the properties of both being five meters tall and six meters tall. Perdurantism is one of the theories that attempts…

Think about an amazing summer you've had. Now imagine that same summer, but about five times worse. That's exactly what happened in two thousand nine. Having the freedom to choose where to go and the choice to experience new things is amazing. Everything that is expected for summers happened for me in the summer of two thousand nine. My family and I traveled through Nevada, Utah, Colorado, and Arizona. We visited many famous places, such as Las Vegas, Grand Canyon, Salt Lake City, and Glen…

Define and discuss the 6 principles of persuasion Principle of Reciprocity Reciprocity is a mutually beneficial relationship between two parties. It is where the two exchange goods/services or certain advantages to one another McLean, S. (2010). This can take place at the smallest level of society, with different companies and indeed nations. It can be a small simple acknowledgment or a wide-ranging and long-lasting endeavor. Principe of Scarcity Scarcity is when something is in short supply…

Julie Overton Professor Harding ENGL 215-013 9 October 2017 Midterm Exam- That Hideous Strength 1. Though on opposite sides, Frost and MacPhee share one common belief. What is it? Both Angus MacPhee, and Augustus Frost share the belief of objectivity. Materialism, is described as “objectivity” by Augustus Frost. Frost “now regards all human thoughts and emotions, even his own, as ‘chemical phenomena.’” (299) MacPhee clings to his objectivity through…

needed drugs, or to cut down the use of the drugs itself. Americans start blaming drug companies of price gouging and call for drug prices regulation by government. Drug companies, on the other hand, blame health insurance companies for shifting the cost of purchasing drugs to patients. To fix this issue of ridiculous skyrocketing prices on drugs, there must be regulation on the prices of drug…

evolvement of mobile communication networks, there is still a huge gap in network coverage in remote areas. As of present, satellite broadband is still the leading provider of network services in remote areas, but due to the high cost involve in setting up satellites systems and the cost involve in owning a satellite phone, this is not readily available to all users in remote locations. In situations where satellite signals are not available due to various factors like jamming of satellite…