Variable

calculate MC is= delta TC/deltaQ. Marginal cost shows the effect of change in quantity on cost. Here, we have been given the cost equation. C=900 + 60Q1 + 9Q1^2. In this equation, 900 can be considered as a fixed cost. So we would consider only variable cost. MC=dTC/dQ MC=60 + 18Q1 To calculate MR lets assume that P=MR P= 660-16Q1 When we put MR=MC, we should double the value of Q1 = MR= 660-32Q1 MR=MC 660-32Q1=60+18Q1 660-60=18Q1+32Q1 600=50Q1…

6.1 Case study There are two classifications of costs associated with construction projects, direct costs and indirect costs. Direct costs include the labor, material and equipment operating costs necessary to put work in place. Indirect costs include supervision, job and home office overhead, profit, financing, and the cost of inflation. Direct costs can be allocated to each activity on the project. Indirect costs, on the other hand, cannot be realistically prorated and assigned to each…

Management accounting is recognised as a working tool for organisations management. It performs the optimum link between labour, materials, machinery, production strategy and control function by supporting the management team in detecting company weak points and providing solutions to improve (Prasad & Sinha, 1990). Concentrates all accounting functions on the company administration with accounting analysis, budgetary control, costing. Also, recognised as the term that best describes the…

Transaction utility theory Jha-Dang (2004) explains that the concept of transaction utility state that the total utility derived from a purchase comprised of acquisition utility and transaction utility. He describes acquisition utility as the expected utility gained from acquiring the product (i.e. benefits of the product) compared to the cost of paying for it (i.e. the price of the product); while transaction utility is the difference between the internal reference price and purchase price of…

A Variable Number Tandem Repeat (VNTR) is a molecular motif that plays a considerable role in molecular genetics and specifically forensic analysis [1]. The goal of this experiment is to observe the tandem repeats of the VNTR (D1S80) locus through molecular lab techniques. Cheek cells were isolated from an individual and amplified via a polymerase chain reaction (PCR). Then, the amplified sample was separated through gel electrophoresis. This project entails the interpretation of fluorescing…

The topic that I am analyzing is known as the foot in the door (FITD) technique. The FITD technique is defined as getting someone to agree to a small favor in hopes that the participant feels helped and/or cared for; the moment the initial favor is fulfilled, the person follows up by asking for an even bigger request. Two researchers in 1966 named Freedman & Fraser discovered the FITD technique. From their research, they concluded that it is one of the most effective compliance techniques. Also,…

As medical technology’s improvement and consummation, people always want to find a best way to treat each of diseases, and some researchers are confident about that. Anyhow, we do admit that sometimes they really did what they wanted. Such as, many diseases can be controlled, or even cured now. Nonetheless, not all of illnesses, most of time we should say that researchers who are trying to find a best way to help people with diseases rather than to treat diseases. The most influential example is…

Plan members must select a primary care practitioner which could be a physician, physician assistant or a nurse practitioner. The primary care is responsible for coordinating health delivery for plan members. Receiving care by a specialist physician will require a referral from the primary care provider (PCP.) This cost containment strategy is intended to avoid service being duplicated by the PCP and the specialist. (www.amjc.com) The similarities of both the HMO’s and PPO…

Three 3X3” plant pots labelled as A, B, and C were used during our experiment. Each pot contained standard soil media with basic nutrients, and 3 Arabidopsis seeds. All pots were watered with appropriate Hoagland’s Solution formulation three times per week over the next 4 weeks. Pot A (phosphate limitation group) was given a phosphate reduced Hoagland’s solution, whereas Pot B (nitrogen limitation group) was watered with nitrate reduced Hoagland’s solution. Pot C (control) is the control plant…

ENGINEERING STUDY SHEET - TEST Analysis: SI units- Si units is the standard International Metric system of measurements. The metric system was introduced to australia to provide an easier system than the imperial system. The metric system is a base 10 system (all units are done by powers of 10). The imperial use more complicated bases. Metric eg; 1000 mm = 1m, 1000m = 1km (not confusing) Imperial eg; 36 inches = 1 yard, 1760 yards = 1 miles (confusing) Types of motion: Rotational-pg 141 (…