Monthly Archives: March 2015

Principles of Microeconomics

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Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

Health economists use demand theory to discuss how the quantity of services is affected by price.

Discuss the following:

  • As prices increase, should health economists advocate giving something up?
  • As the quantity ofhealth services provided goes up, does the benefit of each additional unit of service become smaller?
  • Discuss the issueof health carein the context of the following microeconomic concepts:
    • Marginal analysis
    • Trade-offs
    • Opportunity costs
  • Should this decision be made in a centrally planned economy or a market economy?
  • Is health care a macroeconomic or microeconomic issue?
  • How would this affect production efficiency

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philosophy unit 3

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1. Thales, Anaximander, Anaximenes and other thinkers such as Heraclitus and Parmenides
are known as the Pre-Socratics.
A. True
B. False
2. __________maintains that object no not exist apart from being perceived.
A. Thales
B. Berkeley
C. Anaximander
D. Heraclitus
3. Berkeley claims that God constantly perceives reality, and thus gives it ultimate existence.
A. True
B. False
4. An Anthropomorphic account of reality explains things by appealing to cultural terms.
A. True
B. False
5. The basic idea underlying Plato’s understanding of the nature of reality is that ideas
are more real than the objects that present themselves to our senses.
A. True
B. False
6. The philosophical tradition that Plato represents is called materialism.
A. True
B. False
7. The philosophical approach to knowledge known as ________claims that knowledge
comes from sensory experiences.
A. Empiricism
B. Rationalism
C. Determinism
D. None of the above
Unit 3 Examination
137
Introduction to Philosophy
8. Hume thinks that to the extent that knowledge is possible, it ultimately depends
on___________.
A. The senses
B. The truth
C. Our Knowledge
D. Our beliefs
9. Hume uses the example of a billiard ball hitting another to question the concept of
causality.
A. True
B. False
10. Gilbert Ryle uses the term ___________ to describe an error in logical categories, otherwise
known as “comparing apples to oranges.”
A. Category mistake
B. False logic
C. False truth
D. Error in thought
11. “A triangle has three sides” is an example of an analytic statement.
A. True
B. False
12. Kant tried to synthesize the epistemological views of the rationalists and empiricists.
A. True
B. False
13. Locke states that qualities like color, taste, and smell are primary qualities of an object,
and are not processed by the mind.
A. True
B. False
14. The problem of evil is taken up in the Bible in the book of job.
A. True
B. False
Unit 3 Examination
138
Introduction to Philosophy
15. Aquinas defi nes _________ as potentialities becoming actualized.
A. Motion
B. Sense of self
C. Our soul
D. energy
16. A rationalistic argument concerning God’s existence claims that by merely contemplating
the notion of God as “that-than-which-nothing-greater-can-be-thought,” we
become aware that God must exist.
A. True
B. False
17. ___________claims the fear is the basis of religion, that people “accept religion on
emotional grounds.”
A. Bertrand Russell
B. David Hume
C. Thomas Aquinas
D. Saint Anselm
18. David Hume dismisses such arguments about God’s existence from causality with the
claim that the material universe itself might be a necessarily existent being, which
means there is no need for a “fi rst cause.”
A. True
B. False
19. Anselm’s discussion of the possibility of God’s existence relies on empirical evidence
alone.
A. True
B. False
20. Marx calls the type of work that characterizes capitalism_____________.
A. Alienated labor
B. Punishment
C. Forces Labor
D. None of the above
Unit 3 Examination
139
Introduction to Philosophy
21. _________ is an essentially deterministic principle which is, paradoxically, based on
the idea of individual free choice.
A. Karma
B. Rebirth
C. Free will
D. Spiritual life
22. The Supreme Buddha was a prince from fi fth century B.C. Nepal who became a great
spiritual leader.
A. True
B. False
23. _______________ is the Buddhist idea that because the task of spiritual development
is too complex to accomplish in one lifetime, we live many lives.
A. Karma
B. Rebirth
C. Free will
D. Spiritual life
24. The Buddhist conception of the self is the source of the way the self is understood in
Western philosophy.
A. True
B. False
25. Unlike Western religions, Buddhism emphasizes the importance of practicing meditation
as an important way to foster spiritual development.
A. True
B. False

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Finance

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At the end of January, Higgins Data systems had an inventory of 600 units, which cost $16 per unit to produce. During February the company produces 850 units at a cost of $19 per unit. If the firm sold 1,100 units in February, what was its cost of goods sold (assume LIFO inventory accounting)?

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english

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Chapter 6 in our textbook discusses reviews: “The review is essentially an informed opinion based on common expectations that the average consumer tends to have for the kind of item under review.  The reviewer elaborates on his or her experience by linking his or her opinions to these expectations and passing a final judgment” (Johnson-Sheehan and Paine, 2010, p. 124).

To write a review, you set out the product or service that you’re reviewing, your expectations for that product or service, and compare your expectations with what you actually got.  Finally, pass judgment on the quality or capacity of your subject.

A “product or service” includes anything for which you paid money and expected to receive something in exchange.  Read the sample reviews in our text, and you’ll see that some are about music albums or movies.  Those are products of the entertainment industry.  You can review music or a film yourself.  Services include anything and everything from an oil, lube, and tire pressure check on your car to a memorable meal (good or bad) in a restaurant to a week stayed at a resort in Vanuatua.  Pick any product or service that you’ve experienced or used AND that left you with a clearly good or bad impression.

To start, outline your expectations and how your subject met them:  What did you want? What did you get?
Next, outline the precise ways that your subject met or failed to meet expectations.  Use specifics and details:  explain exactly how your subject succeeded or failed.

You should have a good start with your details, so begin drafting the essay.  Name your product/service in the first line so your reader identifies the subject.  Establish your ethos by describing your background, your relationship to the product/service, the length of time you’ve used it or known about it.  Establish your logos, too:  in a thesis, tell what you expected and whether or not your subject met those expectations.

The rest depends on specifics.  Get into them.  Write paragraphs that have one idea each and that tell, exactly, what the product/service did or did not do to meet your expectations.

Your conclusion should either
1) reinforce your positive review of the product/service or 2) offer an alternative if you’ve written a negative review.

 

 

Successful drafts will:

 

1. Be 1-2 pages in length.  NOTE: The final draft will be 2-3 pages long.

2. Follow APA formatting rules and referencing rules shown in the APA sample paper in Doc Sharing or here:  https://hub2.devry.edu/node/25835

3. Be typed and submitted as a Word document, double-spaced, 12-pt Times New Roman font.



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Accounting

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Temperance Company owns stock in several like companies. Investments in some of these affiliates are accounted for as securities available for sale while some accounted for using the equity method.

1. What factors determine which method should be used?

2. What events are recorded when the equity method is used?

3. What events are recorded when the securities are accounted for as available for sale?

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Bivariate Regression

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Regression analysis is a powerful and
commonly used tool in business research. One important step in
regression is  to determine the dependent and independent variable(s).

 

 

In a  bivariate regression, which variable is the dependent variable and which one  is the independent variable?

 

What       does the intercept of a regression tell? What does the slope of a       regression tell?

 

What       are some of the main uses of a regression?

 

 

 

 

Provide an example of a situation wherein a bivariate regression would  be a good choice for analyzing data.

 

 

Justify your answers using examples and reasoning.

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Regression analyses

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There are two major types of regression
analysis—simple and multiple regression analysis. Both types consist of
dependent and independent variables. Simple linear regression has two
variables—dependent and independent. Multiple regression consists of
dependent variable and two or more independent variables.

 

How does a multiple regression compare with a simple linear regression?

 

What are the various ways to determine what variables should be included in a multiple regression equation?

 

Compare and contrast the following processes: forward selection, backward elimination, and stepwise selection.

 

 

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Correlation, simple linear, and Multiple Regression Analysis

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Multiple regression analysis is widely used in  business
research in order to forecast and predict purposes. It is also used to
determine what independent variables have an influence on dependent
variables,  such as sales.


Sales can be attributed to quality, customer  service,
and location. In multiple regression analysis, we can determine which
independent variable contributes the most to sales; it could be quality
or  customer service or location.


Now, consider the following scenario. You have been
assigned the task of creating a multiple regression equation of at least
three  variables that explains Microsoft’s annual sales.


Use a time series of data of at least 10 years. You  can search for this data using the Internet.


Before       running the regression analysis , predict
what sign each variable will be       and explain why you made that
prediction.

 

Run three       simple linear regressions by considering one independent variable at a       time

 

After       running each of the three linear regressions, interpret the regression.

 

Does       the regression fit the data well?

 

Run a       multiple regression using all three independent variables.

 

Interpret       the multiple regression.  Does the       regression fit the data well?

 

Does       each predictor play a significant role in explaining the significance of       the regression?

 

Are       some predictors not useful?

 

If so,       did you consider removing those and rerunning the regression?

 

Are the       predictors related too significantly to
one another? What is the coefficient       of correlation “r”? Do you
think this “r” value suggests a strong       correlation among the
predictors ( the independent variables?

 

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The Omnivore’s Dilemma

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The Omnivore’s Dilemma is divided into three parts: Part I: Industrial/Corn (pp. 15–119); Part II: Pastoral/Grass (pp. 123–273); and Part III: Personal/The Forest (pp. 277–411). You will be responsible for reading and doing a book review on one of these three parts. The first three chapters of the assigned part should be read by week 2. Specifically, if you choose Part I: Industrial/Corn, you should read chapters 1 through 3 by week 2; if you choose Part II: Pastoral/Grass, you should read chapters 8 through 10 by week 2; and if you choose Part III: Personal/The Forest, you should read chapters 15 through 17 by week 2. Chapter 6 of Writing Today: “Reviews” See “Due Dates for Assignments & Exams” in the Syllabus for due date information.

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The Omnivore’s Dilemma

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The Omnivore’s Dilemma is divided into three parts: Part I: Industrial/Corn (pp. 15-119); Part II: Pastoral/Grass (pp. 123-273); and Part III: Personal/The Forest (pp. 277-411). The last three or four chapters of the assigned part should be read by week 3. Specifically, students who choose Part I: Industrial/Corn should read chapters 4 through 7 by week 3; those who choose Part II: Pastoral/Grass should read chapters11 through 14 by week 3; and those who choose Part III: Personal/The Forest should read chapters 18 through 20 by week 3. Chapter 11 of Writing Today: “Position Papers”

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