Opportunity cost

lower cost. However, the results of this approach fail to meet up with humanitarian and social problems which are present in these private facilities. One could argue that the private prisons rather perpetuate the vast increase of prisoners (Anderson, 2009). Nevertheless, this does have a negative impact on the care of these prisoners in rehabilitating and treating them effectively due to motivation of revenue. The quality of care reduces drastically, since these companies strive to reduce costs…

1. Does this give you information on why you may be over or under budget? If your percentages are significantly different that the textbook information, what is your rationale? This does give me the information on why I may be over or under my budget. 2. Review the licensing regulations for your age group in the area of required ratios. Do you have too many staff members? This will certainly be expensive. Review the licensing regulations for space and environment. Do you have too much square…

Is the Ed swivel chair an insane scientific achievement or an advertising scam…? Let's find out! The company claims that the chair produces energy when the students are twisting around in their chairs. Inside the Ed - swivel chair there is generator that turns and creates kinetic energy which is then converted into potential energy to be stored in the battery. Then, when a device is plugged in, the potential energy transfers to electrical energy to power the device. In my opinion, the chair will…

find the point of intersection which showed where both plans would cost my friend the same. Lastly, I used the graphing method to determine which plan was better depending on the number of texts sent. To create my two equations, I used the combination of costs given by each company. The two equations that I derived from the problem were: Verizon: y =.10x + 70 AT&T: y =.20x + 15 x: Number of texts per month y: Total monthly cost of service Then I used the…

Your credit score can be one of the most important tools to have when you need a loan. Most, if not all, lenders use your Fair Isaac Corporation (FICO) score to gauge your creditworthiness. However as social media and online use are on the rise, many lenders are also factoring in your online presence. Lenders look for online profiles that are complete, and the number, and quality, of connections. They also check for offensive posts, profanity, or extreme political statements. Your FICO score is…

3-23. Explain why Supreme must submit an affirmative action program. 3-24.Generally, what should the program be designed to accomplish? 3-23. Affirmative Action program (AAP) is defined as the "approach developed by organizations with government contracts to demonstrate that workers are employed in proportion to their representation in the firm's relevant labor market''.(Moday & Martocchio pg.56) This program is enforced by the Office of Federal Contract Compliance Programs. Although, the…

Each of the two scenarios differs again. Scenario 1 costs $10,068.77 to complete while scenario 2 costs $11,809.27. This is a $1,740.50 difference. Scenario 1 seems to be cheaper because they are employing less staff. Their cycle time is also shorter for scenario 1, so less time means less money. Obviously, hiring more staff means…

The McAllen Industrial Foundation (MIF) conducted a meeting on Wednesday, November 16, 2016 at 12:00 noon at the McAllen EDC office. Chairman Ernie Williams called the meeting to order and asked Mr. Mark Freeland to give his report on the resolutions for the transfer of the land between them and the City of McAllen. Mr. Mark Freeland mentioned he was contacted by Mr. Gary Hendrickson, attorney for the City of McAllen to move forward on the contracts for the transfer of lots 10 and 11 which was…

Transforming your Student Visa into Permanent Residency in Australia After completion of the studies, international students can choose to apply for permanent residency. Students can express their interest for applying permanent residency by applying through Australia’s SkillSelect Migration program. SkillSelect is an online service that permits aspiring migrants to lodge an EOI (Expression of Interest) that contains information about the attributes and skills assessed through a point test.…

Revenue and cost are the two most major issues facing the public sector agencies. This places agencies under pressure to reduce costs of operation and to lower expenditures to be able to account for revenue shortfalls. An example of this would be the constant variance in taxes for the general public. A major issue that is faced is reduced funding for agencies that leads to less staffing and the use of older or inoperable equipment. Property taxes and sales tax are two forms of revenue which…