(a) Describe the key features of the behavioural approach to industrial location analysis. (b) Assess Alan Pred’s contribution to the behavioural approach to industrial location analysis.
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- (a) Describe the key features of the behavioural approach to industrial location analysis.
(b) Assess Alan Pred’s contribution to the behavioural approach to industrial location analysis.
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- Fixed cost=20,000$ Variable cost per unit of production=500$ Number of items sold= 1000 price=800$ a) What is contribution margin and contribution margin ratio and how do you interpret it? b) What is BEP quantity and $ sold? Explain what do the numbers mean?Please see the question attached. This is an Individual Assignment. It consists of structured-response problems. This Assignmentmust be type-written in WORD and uploaded to the Dropbox as a WORD file. No hand-writtenassignments will be accepted.Answers ALL questions below, showing all working to support your answersRelevant Course Objectives:1. Apply the knowledge of functions to problems involving, supply, demand,production, revenue and cost.2. Identify the appropriate functions, equations and sequences which are to be usedin problem solving in the Social Sciences.3. Use solutions to linear, quadratic, exponential and logarithmic equations todetermine market equilibrium price and quantity.4. Solve problems involving rates of change and marginal change by the use ofderivatives5. Write a linear system of equations in matrix form as a simple way to representmultiple linear equations before solving them using a matrix approach.6. Find and classify extreme points of a function for the…What is the key approach to selecting a study design and correspondingly, your approach to collecting data?
- The hypothesis, (as stated in the title) of E.F. Schumacher’s seminal book Small is Beautiful belongs to the industrial age and has no relevance to our contemporary Web 2.0 world. Is this statement true? Why or why not? add one reference please, between 150-200 words onlyMindTap-Cengage Learning X /static/nb/ui/evo/index.html?deploymentld-58326557198082800211662038eISBN=9781337914413&nbld-3236996&snapshotld-3236996&id=16: Courses My Drive - Google...MyHarper | Students CENGAGE MINDTAP Aplia Homework: Demand, Supply, and Markets WAGE (Dollars per hour) 20 18 16 14 12 10 8 6 4 2 0 X 0 • I Supply I I T Demand I I II I || 1 50 100 150 200 250 300 350 400 450 500 LABOR (Thousands of workers) In this market, the equilibrium hourly wage is S H Graph Input Tool Market for Labor in the Fast Food Industry Chapter 4 HW Flashcards | Quizle X + Wage (Dollars per hour) Labor Demanded (Thousands of workers) and the equilibrium quantity of labor is Search L pe U 8 8 Suppose a senator introduces a bill to legislate a minimum hourly wage of $8. This type of price control is called a 300 Labor Supplied (Thousands of workers) thousand workers. O 3 D 200Specific Subject: Microeconomics - Cost Functions Complete the following attached table, assuming that P = 100
- Describe how the wood charcoal (produced in Canada) would have to be adapted to suit the needs of New Zealand (Kiwis)or its' customers. (This may include renaming the product, changing its ingredients or parts, to meet local laws or requirements). Please examine branding and positioning.Someday, if you want to be an economist or to study more about economic analysis, what platform you will implement to sustain the development of cost estimating fundamentals?Problem Set 1. The government of Grenada wishes to rebuild the West coast road that leads to the north of the island to help alleviate traffic congestion and to provide users with a safer road network. The government of Grenada has approached two (2) contractors for an estimate. They are required to submit a proposal that details the cost combination of labour (L), machinery (M), and technology (T) in achieving their expected total cost, total profit, and total revenue. Contractor 1 Two labour, four machinery, and three technology will result in a total cost of thirty-three dollars. While one labour, two machinery, and one technology give a total profit of fifteen dollars. Lastly, ten labour, five machinery, and six technologies result in total revenue of eighty-three dollars. Contractor 2 No Proposal was submitted. a) From Contractor 1's proposal, derive three (3) simultaneous equations. b) From the answer to part a) above, set these equations in matrix form c) Given that the…
- All the following relates to system management theory except. A. Political trends B. Socio cultural trends C. Technical trends D. Analytical/ industrial trendFinal output in the economy is pro- duced using capital K and labor L. The production function is: Y = ĀK/ L^/5 Assume that the supply of all inputs are exogenous and equal to L and K. Perfectly compet- itive firms are price-takers and choose how much capital and labor to demand by maximizing profits. Let w and r denote the wage and rental rate of one unit of labor and capital respec- tively.Give at least 5 examples of experimental and descriptive research title