A landscaping company decides to create a scale drawing of the lot of the house displayed below. Explain two reasons why a landscaper might think it is a good idea to have landscapes a scale drawing of the lot.
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Jim, who owns a small general store, decides to create a cash budget using only his pessimistic forecast of sales. Why is this not a good idea? A. If his cash receipts are higher than projected, he could have used more cash to expand his business. His approach may lead to missed opportunities. B. He may seek additional funding in anticipation of being short on cash. The unnecessary financing means he may give up more equity than needed or pay...
Based on the information given below, if you were Jim Smith would you accept the job? If your answer is yes, give reasons in detail why you would. If your answer is no, give reasons in detail why you would not. Also, explain what type of liability is payroll. Jim Smith, a college student, is looking for a summer job. Jim’s neighbor has a cousin who owns a landscaping company and is looking for help. The name of the company...
Given what you know about the firm pricing behavior and profits in a competitiive market, explain why firms try to differentiate their products and increase the fame of their brands. A firm’s supply function is given by S(p) = 2p. What is its marginal cost at any output level y? What are its profits if the price is given at 10. What are its profits if there are fixed costs of 50?Predatory pricing is the practice of lowering prices below the...
For this journal entry, reflect on your answer to one of the Week One Discussion One questions reproduced below; you might either elaborate on your initial response, or reflect on how and why your thoughts have developed this month. Your entry should incorporate at least one course reading. Why do you think all high school and most college students are required to study literature? Do you agree with these reasons? What is literature good for? Is it good for you?...
n this scenario imagine that you have been chosen as a member of a citizen panel to come up with solutions to the childhood obesity epidemic. The idea of a citizen panel is that you do not have the narrow perspective of an expert but can look more broadly at how people actually live. Your panel has significant powers and a sizable budget at its disposal. You can tax things, you can ban things, and you have money to initiate...
Data were collected from a random sample of 220 home sales from a comunity in 2013. Let Price denote the selling price (in $1000), BDR denote the number of bedrooms, Bath denote the number of bathrooms, Hsize denote the size of the house (in square feet), Lsize denote the lot size (in square feet), Age denote the age of the house (in years), and Poor denote a binary variable that is equal to 1 if the condition of the house...
For this discussion forum, begin by reading the following statement and decide whether you agree or disagree with the statement: “The use of simple models to explain complex economic systems is pointless.” In a post of several paragraphs, discuss the reasons why you agree or disagree with the above statement. What evidence from the lesson or outside research can you find that supports your stand? How can you connect your argument with the terms and ideas we have studied in...
4.1 For this discussion forum, begin by reading the following statement and decide whether you agree or disagree with the statement: “The use of simple models to explain complex economic systems is pointless.” In a post of several paragraphs, discuss the reasons why you agree or disagree with the above statement. What evidence from the lesson or outside research can you find that supports your stand? How can you connect your argument with the terms and ideas we have studied...
1-How would you know that the airway is obstructed in an unconscious patient? 2-How would you keep air in the cuff of an airway which does not have a one-way valve at the pilot balloon? 3-What are some reasons why the cuff may not hold a given volume of air? 4-Why might it be a good idea to use a three-way stopcock arrangement needed to measure cuff pressure?
1-How would you know that the airway is obstructed in an unconscious patient? 2-How would you keep air in the cuff of an airway which does not have a one-way valve at the pilot balloon? 3-What are some reasons why the cuff may not hold a given volume of air? 4-Why might it be a good idea to use a three-way stopcock arrangement needed to measure cuff pressure?