40) Consider the following statements when answering this question; I. Whenever the marginal product of labor curve is a downward sloping curve‚ the average product of labor curve is also a downward sloping curve that lies above the marginal product of labor curve. II. If a firm uses only labor to produce‚ and the production function is given by a straight line‚ then the marginal product of labor always equals the average product of labor as labor employment expands. A) I is true‚ and II is
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The film The Return of Martin Guerre is based on a true story about a young man‚ Martin Guerre‚ during the mid-16th century. It takes place in a small peasant town‚ Artigat‚ located in southwestern France. Martin is married off at a young age but is unhappy with his life. He decides to abandon his family and join the army. After several years gone‚ he finally returns to the village. The village is ecstatic of his return‚ especially his wife Bertrande. However after a disagreement with his uncle over
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THE LAWS OF RETURN TO SCALE The laws of return to scale explain the behavior of output in response to a proportional and simultaneous change in input. Increase in inputs proportionately and simultaneously is in fact expansion of the scale of production. Statement: “As a firm in the long run increases the quantities of all factors employed‚ other things being equal‚ the output may rise initially at a more rapid rate than the rise of increase in inputs‚ then output may increase in the same proportion
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asked for your advice. The three stocks currently held all have b = 1.0‚ and they are perfectly positively correlated with the market. Potential new Stocks A and B both have expected returns of 15%‚ are in equilibrium‚ and are equally correlated with the market‚ with r = 0.75. However‚ Stock A’s standard deviation of returns is 12% versus 8% for Stock B. Which stock should this investor add to his or her portfolio‚ or does the choice not matter? Answer: B‚ Stock B Since she has a portfolio the number
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The Return of the Native: Style The Return of the Native is Thomas Hardy’s sixth novel and probably his best known. The story focuses on the lives and loves of residents in the fictional county of Wessex‚ England‚ an area which was based on the rural area where Hardy was raised. The narrative style of the novel is different to that of the traditional writing. He uses different narrative mechanisms in making it attractive to its readers. His different approach towards the treatment different components
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Tax Return Worksheet Directions Review Gloria Ramsay’s tax return. Answer the following questions based on the information listed in her return. 1. Even though Gloria is single‚ her filing status is Head of Household. Why is Gloria able to file as head of household? Gloria is able to file head of house hold in this case because‚ she has a qualifying dependent. A qualifying dependent would be a closely related relative dependent that you have provided for maintaining a home for yourself
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her wilfulness to be loved‚ and she shows strong will once again with her exchange with Venn in Chapter 10; when he tries to persuade her to give Wildeve up she answers defiantly "[I] will never give him up!" With the talk of Clym ’s return
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HOW DOES OUR READING OF ‘RETURN TO CARDIFF’ ADD TO OUR UNDERSTANDING OF ABSE’S VIEW OF WALES IN ‘DOWN THE M4’? In ‘Down the M4’‚ Abse doesn’t portray a particular fondness of Wales or the time he spends there in the present day. And yet it is clear that this wasn’t always the case‚ from where he says “this time/ afraid”. We can infer from this that he has enjoyed these visits in the past. However this time he is a “dutiful son”‚ showing that he is not on this journey for his own pleasure but is
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Risk and Return Management Risk and return management Darlene LaBarre MBA6161 Fin Markets & Institutions Capella on Line The risk-return spectrum is the relationship between the amount of return gained on an investment and the amount of risk undertaken in that investment.[citation needed] The more return sought‚ the more risk that must be undertaken! The progression There are various classes of possible investments‚ each with their own positions on the overall risk-return spectrum. The general
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1. Calculating Returns ( LO1‚ CFA1) Suppose you bought 100 shares of stock at an initial price of $ 37 per share. The stock paid a dividend of $ 0.28 per share during the following year‚ and the share price at the end of the year was $ 41. Compute your total dollar return on this investment. Does your answer change if you keep the stock instead of selling it? Why or why not? 2. Calculating Yields ( LO1‚ CFA1) In the previous problem‚ what is the capital gains yield? The dividend yield? What is
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