Incremental profit Essay Example for Free

Incremental profit Essay Distinguish between the following: a) Industry demand and Firm (Company) demand, b) Short-run demand and Long run demand, and c) Durable goods’ demand and Non-durable goods demand. 2 . What are the problems faced in determining the demand for a durable good? Illustrate with example of demand for households refrigerator or television set. 3 . Analyze the method by which a firm can allocate the given advertising budget between different media of advertisement. 4 . What kind of relationship would you postulate between short-run and long-run average cost curves when these are not U-shaped as suggested by the modern theories? 5 . How do demand forecasting methods for new products vary from those for established products? 6 . What are the different methods of measuring national income? Which methods have been followed in India? 7 . What do you understand by the investment multiplier? In what way does it defend the policy of public works on the part of the state during business depression? 8 . Discuss the various phases of business cycle: a. Are cyclical fluctuations necessary for economic growth? b. Suggest appropriate fiscal and monetary policies for depression Assignment B: all Case Study Electron Control, Inc., sells voltage regulators to other manufacturers, who then customize and distribute the products to quality assurance labs for their sensitive test equipment. The yearly volume of output is 15,000 units. The selling price and cost per unit are shown below:Â  Selling price $200 Costs: Direct material $35 Direct labor 50 Variable overhead 25 Variable selling expenses 25 Fixed selling expenses 15 150 Unit profit before tax $ 50 Management is evaluating the alternative of performing the necessary customizing to allow Electron Control to sell its output directly to Q/A labs for $275 per unit. Although no added investment is required in productive facilities, additional processing costs are estimated as: Direct labor $25 per unit Variable overhead $15 per unit Variable selling expenses $10 per unit Fixed selling expenses $100,000 per year Calculate the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.

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Countless philosophies over centuries have overlooked and undermined the significance of indigenous African religions. Africa is a mainland that has long been shrouded in a cover of misjudging and stigma. The general misguided judgments about Africans are boundless and strike almost every part of African society and social orders incorporating religion. Many of the religions do not write and document everything but rather add more importance to oral history and rituals. Colonization and philosophers like Emile Durkheim have consciously or subconsciously stripped these religions of their value. Durkheim does not believe in animism because scientific laws or morals cannot back it up. Many indigenous African religions believe strongly in spirits and souls that link them to God. The idea of an isolated God does not make the supernatural un-important in Africa religions. Indigenous African indigenous religions share the same teachings like Christianity or Islam and we should not allow European philosophers as well as colonization diminishes its value. It is imperative to note that the soonest distributed perceptions about African Indigenous Religion are discovered in the reports of European voyagers, adventurers, preachers and frontier executors who interacted with the Africans in the eighteenth and nineteenth centuries. Their works were not insightful or efficient studies yet easy perceptions and shallow records intended to speak to western mindset and group of onlookers. According to the film â€Å"50 Years Later† you can grasp an understanding of the image philosophers and Europeans painted about Africans, like in the eighteenth century when Scottish philosopher David Hume said â€Å" I am apt to suspect the Negroes to be naturally inferi... ..., we revealed that regardless of a few collaborations by the ethnic nationalities with drives of imperialism, it is not simple to completely re-make the vision and observation of the individuals. While a few components of their social legacy have changed because of contacts with westernization, some different components that aggregate up into the people’s society have remained to a great extent unblemished, local and unaltered. In any case, pioneer attitude, and introductory biases and negativism have frustrated momentous research and usage for supportable advancement. This work is, hence, a clarion call for profound reflection that religion-social legacy has the limit for organizing deductive improvement generally. Society is crucial to societal improvement. There is underdevelopment in most nations in Africa in light of the fact that the foundations are broken.

Lamp at Noon & the Pursuit of Happyness Essay

The film â€Å"The Pursuit of Hapyness† is in many ways very relatable to the short story â€Å"The Lamp at Noon†. The two are closely related as they before share similar overall themes. â€Å"The Pursuit of Hapyness† greatly demonstrates the themes of commitment to personal goals and the effects of adversity on the human spirit. This film follows the life of a man and his family as they struggle through everyday conflicts. These conflicts vary from trying to pay rent to getting food on the table for dinner. Chris Gardener, the protagonist in the film is eventually forced on the streets with his son Christopher while the mother, Linda, leaves to New York. Chris is faced with great conflict as he is pursuing a job as a stockbroker but must complete a non-paying internship first while trying to take care of Christopher. However, Chris is committed to his personal goals and pushes through the excessive amount of adversity he is faced with. The film is connected to the â€Å"The Lamp at Noon† for various reasons. â€Å"The Lamp at Noon† briefly follows the life of Paul, Ellen and their very young baby as they are faced with severe adversity. Their hardships come from a storm that has destroyed there crops that leads to a poor relationship between the two. The theme of the effects of adversity on the human spirit is shown in â€Å"The Lamp at Noon† through several ways. Firstly, it leads to Paul and Ellen to become miserable and unable to come to mutual decisions. Additionally, Ellen is not able to handle the adversity and attempts to run away from the farm, which leads to the death of her baby. Given these points, one can see how both the film â€Å"The Pursuit of Happyness† and the short story â€Å"The Lamp at Noon† are related through the common theme of the effects of adversity on the human spirit.

Ngo s Views On Human Rights - 1889 Words

â€Å"NGO’s are generally private, voluntary organizations whose members are individuals or associations that come together to achieve a common purpose.†(Mingst 233) NGO’s are incredibly diverse. Some are local while others are national and transnational. NGO’s (Non-state actors) have played a huge role in enhancing human rights. They may not have the same power and resources as the state but they do influence a lot. Culture has often been used as a blanket to reject new laws and new ideas, thus making advances and change nearly impossible. Thanks to many NGO’s and social movements there has been some change around the world. They can also been seen as tools, available to all worldwide. They have played an extremely important role in†¦show more content†¦Because of the use of technology, NGO’s have the opportunity to make more of an impact. Thanks to the Internet such as face-book or twitter, NGOs are able to broadcast their thoughts and criticism worldwide and gain more supporters towards their cause. It is a way of putting the violators to shame until they recognize their problems and have no other choice but to fix them. This includes public awareness campaigns. They try to engage others so that the advancement of Human Rights is ensured. For example, Invisible children are an NGO who made the famous KONY2012 video about human rights abuses in Uganda. It gained millions of supporters attracting 80 million views. It made the public aware of the corrupt human rights violations occurring in Uganda, thus achieving their purpose. (Mingst 363) Public events such as marches and demonstrations are also apart of public media. Many NGO’s have advocated publicly and have also presented messages in ways that many can understand. Messages are made to suit local communities at times. According to a well-known anthropology professor from NYU, Sally Merry states that NGO’s such as Fiji trained Fijians to carry out street performances about domestic violence. Also the United States battered women’s movement has spent most of its time working on messages in music, film and media making the public aware of women’s rights violations/problems. (Merry 159) Many NGO’s participate in this process. NGO’s such as Friends