How do an ordinary annuity, an annuity due, and a perpetuity differ.pdf
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How do an ordinary annuity, an annuity due, and a perpetuity differ? Explain. Solution Annuity refers to series of periodic cash flow made or received at equal intervals. Cash flows can be either inflows or outlfows happening after a periodic time intervals like weekly, monthly, quarterly or annually. Ordinary Annuity - When payment or receipt happens at the end of a time period. Annuity Due - When payment or receipt happens at the beginning of a time period. Perpetuity - An Annuity in which there is no end date i.e. an annuity which is everlasting..
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How do LANs, MANs, and WANs differ? How are they the same?
Solution
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Solution
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The technology that made the 8-track so wonderful forty years ago has been innovated upon such
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The Cultural Mandate is clear that we are to take dominion over the earth and all that is in it. The
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Investment
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Solution
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Solution
put lnt = y differeantiating with t, 1/t = dy/dt now, int [ lnt/t dt ] = int [ y/t x tdy ]
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Solution
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(This class incorporates biblical teaching into economics)
Solution
The Biblical Definition of Flourishing: Flourishing means peace, or shalom, in every direction.
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integrity, soundness, community, connectedness, righteousness, justice, and well-being. Shalom
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tools and trades which shaped the conditions of daily life:
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know we are called to use our creativity and God-given purpose to leave the world a better place.
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The technology that made the 8-track so wonderful forty years ago has been innovated upon such
that we don’t have a need for it anymore.
The Cultural Mandate is clear that we are to take dominion over the earth and all that is in it. The
implications of this for Christians are that:
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circumstances with a unique set of resources at our disposal.
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Solution
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how many subjects are in each level of your factor. • Tests of Between-Subjects Effects. The row
next to the name of your factor reports a test of whether there is a significant relationship
between your IV and the DV. A significant F statistic means that at least two group means are
different from each other, indicating the presence of a relationship. You can ask SPSS to provide
you with the means within each level of your between-subjects factor by clicking the Options
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Means For box. This will add a section to your output titled Estimated Marginal Means
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the mean for observations within that cell. Post-hoc analyses for one-way between-subjects
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Solution
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It is important to understand the root word in linear. It is LINE. A straight line, no curves.
For example:
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run, like a stair step and simply goes up or down.
Y = x^2 + x + 4 is nonlinear. When graphed it becomes a parabola, which looks like a hill on
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Solution
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± 2 or ( - (2*) , + (2*) )
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Solution
How to Answer Questions--go to the questions and answers section using the tabs at the top.
Select \"unanswered\" from the pull down menus above the questions. select Math from the types
of questions. Next hit \"GO\" to enter your choices. this will refresh the questions only showing
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Solution
First, I have to apologize for the fact that the formatting here will be hard to follow. It is not
possible to set it up properly in here. I have had to show the fractions like this 1/2. I hope that
isn\'t too confusing.
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Solution
Robert Kelley has identified five major followership types which are stated as follows:
1. Alienated Follower: This category consists of passive, yet independent thinkers. These
followers will not contribute to the problem solving of the situation. They would have also
experienced set backs or furstration. These followers are capable but still they focus on
shortcomings of the organization.
2. Conformist: The typical characteristics of conformists are that they are active but dependant
but uncritical thinkers. They instantly carry out orders. They are concerned in avoiding conflict
further they go along to get along. They are never hesitant in participation. They participate
willingly.
3. Passive Followers: These followers are usually uncritical thinkers and they lack initiative and
sense of responsibility. They always leave the leader to think and need much supervision. They
are more passive in nature.
4. Effective Followers: They are the most active and critical thinkers. They have the courage to
initiate change and serve the best interest of the organization. Further, they are committed to
something larger than themselves and are always committed to positive impact. They are always
open to risk.
5. Pragmatic Survivor: These followers have the qualities of all four types of followers. They
intentionally change style depending on the situation. They usually avoid risk and maintain status
quo. The style that benefits their position is usually adopted by them.
Charismatic leadership: Charisma is certain quality of an individual personality, by virtue of
which they are set apart from ordinary people and are considered as supernatural and
superhuman people with exemplary powers. They have the ability to influence people and
uncritical thinkers tend to follow them blindly if they get attracted by them.
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followers since all these followers have the tendency to follow instructions and obey their orders.
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one another to higher levels of morality and motivation. The leaders usually stirs the emotions of
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Solution
1. Compensation is viewed by society as a measure of justice as well as a cause of increased
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2. Stockholders are concerned with executive pay relative ti company performance.
3. Managers view compensation as a major expense and a means to influence employee
behaviour.
4. Employees view compensation as return in an exchange with their employer an entitlement or
a reward in other countries Ex ( china,japan)
5. In other countries compensation is related to being taken care of.( some places in china they
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Solution
Argumentativeness:-
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argument.
Also aimed to change the views of other persons or merely communicating our own ideas. It may
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Solution
TRANSPORTATION
Two canals were built in the 1790s: the Santee in South Carolina and the Middlesex in
Massachusetts. More, the most successful of which was the Erie, which connected between New
York City and the upper Midwest, were built later. Canals\' great advantage was that one work
animal could move as much freight as 50 could on land. They were, however, very expensive to
build and possible to build in only a few places. Their highfixed costs made them economic only
where the volume of traffic would be high. Fixed costs are costs which do not vary with the level
of output or (in this case) service. The higher is the level of output or service, the lower are fixed
costs per unit of output or service. Other costs are called variable costs. Technologically,
building canals were a challenge. Most of the money invested in canals was provided by state
and local governments, mostly with funds acquired via taxation Low cost transportation, of
course, boosted economic activity, and this is how spending this money was justified Atack and
Passel estimate that they drove the cost of transportation down from 20 cents per ton mile in
1810s to 2 to 3 cents per ton mile in the 1820s. The last canals built were failures.Another major
improvement in transportation was the development of the steamboat, which made it possible to
cheaply transport freight and people upstream and speed downstream trips. Prior to their
development the muscle power of humans or animals was required to drag boats upriver. Robert
Fulton demonstrated the first successful steamboat in 1807. In 1815, the feasibility of using them
to transport freight up the Mississippi was demonstrated. The removal of snags in rivers and
reductions in steamboats\' draft made more areas reachable. Night travel eventually became
possible. Larger steamboats reaped economies of scale. Boiler explosions and a short useful life
were problems. Competition became fierce, driving down price.
The first railroads faced not only technological problems, but hostility from those associated with
competing forms of transportation. Also, some feared traveling over 20 miles per hour would kill
a person. Some didn\'t want these noisy, smoky things around. Decatur, Georgia, for example,
turned down the opportunity to have a rail line the State of Georgia was building from the
Tennessee River terminate there. As a result, it ended a few miles away, where a new town
called Terminus came into being. Today this town is the City of Atlanta. More fortunate than
Atlanta transportation wise was Chicago, a mid-continent, Great Lakes port that became a major
rail center. Railroads could travel uphill. They could reach inland areas not near rivers. They
could be built at a fraction of the cost of a canal. Their speed exceeded that of a wagon, and they
could transport a ton at a far lower cost th.
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How did Expedia.com improve customer satisfaction with scorecards?
Solution
Expedia lacked visibility into the voice of customers.
It had no. uniform way of measuring satisfaction of analyzing the drivers of satisfaction.
The group charged one of its business analyst with the task of pulling together and aggregating
the data from various source.
The group converted there drivers and links into a scorecard.
The process involved three steps:-
1- Deciding how to measure satisfaction:- This require a group to determine which measure in
the databases would be useful for demonstrating a customer level of satisfaction.
2- Setting the right performance targets:- This require the group to determine wether KPI targets
had short- term or long term payoffs.
3- Putting data into context:- the group had to tie the data to ongoing customer satisfaction
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How did the Spanish react to the Pueblo Revolt?
Solution
The pueblo Revolt was raised by Pueblo people against the Spanish colonising in the province of
Santa Fe Nuevo Mexico . the revolt killed 400 spanish and drove remaining 2000 settlers out of
the province. Twelve years later the spanish returned and reocuupied the region.
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How did Neoclassical economists rationalize a policy of laissez faire with respect to the potential
intervention into a market economy by government? Why do modern economists, on the other
hand, acknowledge a role for government.
A well-structured answer will include:
Solution
Ans :
In broad terms, there are three kinds of economic policies. The first is government ownership, or
socialism, where the government directly owns the means of production. The second is
government regulation, or interventionism, where the government leaves production to the
private sector but tries to shape market outcomes with subsidies, taxes, licensing, price and
quantity restrictions, standards of quality, safety, and health, non-waivable worker and consumer
rights, and other measures. The third is the free market, or laissez-faire, where private property
rights and freedom of contract alone provide the framework for interaction between firms,
consumers, and workers. The relationship between libertarianism and laissez-faire is a simple
one: laissez-faire is the libertarian position on economic policy. While most who use the
libertarian label admit exceptions, even the most moderate use laissez-faire as a benchmark.
Different economic perspectives emphasize specific elements of capitalism in their preferred
definition. Laissez-faire and liberal economists emphasize the degree to which government does
not have control over markets and the importance of property rights.
Classical economics can trace its roots to Adam Smith in 1776. In The Wealth of Nations Adam
Smith presented a comprehensive analysis of economic phenomena based on the notions of free
markets and actions guided by individual self interests in a laissez faire environment. This work
by Smith was motivated in large part as a critique of the existing merchantilist system.
Under mercantilism the ruling aristocracy directed economic activity with the primary goal of
benefiting the ruling aristocracy. The merchantilist view was that the wealth of a nation was
based on the wealth of the ruling aristocracy. Smith argued, quite convincingly, that the wealth
of a nation was actually based on the productivity of resources, which was best achieved if the
producers, consumers, and resource owners were left to their own \"selfish\" actions.
Economists also applied this classical framework to macroeconomic issues, especially
unemployment, economic growth, and business-cycle stability. With this application a
comprehensive theory of macroeconomics was developed that offered an explanation for
macroeconomic phenomena and provided recommendations for government policies.
The classical study of macroeconomics emerged from a set of axioms and assumptions that were
used for all economic analysis, such as wants and needs are unlimited, resources are limited,
people are motivated by self interest, and more is preferred to less. However, three particular
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How can the Federal Government persuade a performing contractor to comply with the contract
requirements for a complex acquisition? List available sources
Solution
Acquisition according to 48C.F.R section 2.101 is defined only to goods and services. The
federal government should persuade the contractor to comply the requirements for a complex
action in the following ways:.
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How can project deliverables and documents be controlled, changed, and approved?
Solution
The project deliverables and documents can be controlled, changed and approved with the help
of various process included in the configuration management system. Configuration management
system refers to a systematic procedure involved in change management.
Within configuration management system, the “projectscope management plan” is amalgamated.
This process creates a scope management plan that helps in the documentation of different ways
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Solution
All of these tables and charts show the distribution of the observations in the
sampling distribution. and it shows how far away groups of data are from points like the mean..
how can organization encourage creative and innovative makingho.pdf
how can organization encourage creative and innovative making?
how can organization encourage creative and innovative making?
Solution
Ways to encourage Creative and Innovative thinking in an organisation:
An organisation can create a culture, in which all employees are encouraged and motivated to put
their ideas forward. There are ways to initiate innovation and creative minds in an organisation
by following the below ways:
Include Creativity as a part of learning
Imbibe out of the box thinking as a skillset amongst the employees
Participate in the brainstorming and critical meetings activities
Stress on the importance to initiate creative ideas
Encourage and motivate them to build up the confidenec in brining up their ideas
Tolerate the mistakes and initiate the risk.
Provide internal training and formalised review process.
Rewards and incentive programs are necessary to keep the process on-going..
How can you find out what is inside a seedSolution .pdf
How can you find out what is inside a seed?
Solution
I believe this belongs in the biology section. However, the seed is produced by
angiosperms and contains an embryonic plant. The seed is there to protect it, since the inside is
easily susceptible to damage. The hard covering also helps to protect against dessication. These
are the layers (from outside to inside) of a seed: Seed coat Embryo The embryo consists of:
Hypocotyl Radicle Cotyledon.
Unit 2- Research Aptitude (UGC NET Paper I).pdf
This slide describes the research aptitude of unit 2 in the UGC NET paper I.
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How do I do a T test, correlation and ANOVA in SpssSolution .pdf
How do I do a T test, correlation and ANOVA in Spss?
Solution
One-way between-subjects ANOVA A one-way between-subjects ANOVA allows
you to determine if there is a relationship between a categorical independent variable (IV) and a
continuous dependent variable (DV), where each subject is only in one level of the IV. To
determine whether there is a relationship between the IV and the DV, a one-way between-
subjects ANOVA tests whether the means of all of the groups are the same. If there are any
differences among the means, we know that the value of the DV depends on the value of the IV.
The IV in an ANOVA is referred to as a factor, and the different groups composing the IV are
referred to as the levels of the factor. A one-way ANOVA is also sometimes called a single
factor ANOVA. A one-way ANOVA with two groups is analogous to an independent-samples t-
test. The pvalues of the two tests will be the same, and the F statistic from the ANOVA will be
equal to the square of the t statistic from the t-test. To perform a one-way between-subjects
ANOVA in SPSS • Choose Analyze General Linear Model Univariate. • Move the DV to the
Dependent Variable box. • Move the IV to the Fixed Factor(s) box. • Click the OK button. The
output from this analysis will contain the following sections. • Between-Subjects Factors. Lists
how many subjects are in each level of your factor. • Tests of Between-Subjects Effects. The row
next to the name of your factor reports a test of whether there is a significant relationship
between your IV and the DV. A significant F statistic means that at least two group means are
different from each other, indicating the presence of a relationship. You can ask SPSS to provide
you with the means within each level of your between-subjects factor by clicking the Options
button in the variable selection window and moving your withinsubjects variable to the Display
Means For box. This will add a section to your output titled Estimated Marginal Means
containing a table with a row for each level of your factor. The values within each row provide
the mean, standard error of the mean, and the boundaries for a 95% confidence interval around
the mean for observations within that cell. Post-hoc analyses for one-way between-subjects
ANOVA. A significant F statistic tells you that at least two of your means are different from
each other, but does not tell you where the differences may lie. Researchers commonly perform
post-hoc analyses following a significant ANOVA to help them understand the nature of the
relationship between the IV and the DV. The most commonly reported post-hoc tests are (in
order from most to least liberal): LSD (Least Significant Difference test), SNK (Student-
Newman-Keuls), Tukey, and Bonferroni. The more liberal a test is, the more likely it will find a
significant difference between your means, but the more likely it is that this difference is actually
just due to chance. 14 Although it is the most liberal, simulations ha.
How could someone show me how to get the first and 2nd moment. Pleas.pdf
How could someone show me how to get the first and 2nd moment. Please and thank you.
Solution
differentiate with respect to t to get first moment and differentiate first moment with
respect to t to get the second moment my(t)= [pe^t +(1-p)]^n my\'(t)=n [pe^t +(1-p)]^(n-1) *
pe^t my\"(t)=npe^t[pe^t +(1-p)]^n-1 + npe^t * (n-1) * [pe^t +(1-p)]^(n-2) * pe^t.
How do I determine Knee voltage and knee current from a Id vs Vd plo.pdf
How do I determine Knee voltage and knee current from a Id vs Vd plot of a zener diode?
Solution
The voltage at which the current through the diode increases rapidly is known as the Knee
Voltage.
The reverse current at which the zener diode enters breakdown region, is called as Knee current..
How do I determine if this equation is a linear function or a nonlin.pdf
How do I determine if this equation is a linear function or a nonlinear function?
Solution
The easiest way I have for knowing the difference between linear and nonlinear is the exponent
value on the variable x.
It is important to understand the root word in linear. It is LINE. A straight line, no curves.
For example:
y = 2x - 3 This is linear because the exponent on x is one. Thus your slope is standard rise over
run, like a stair step and simply goes up or down.
Y = x^2 + x + 4 is nonlinear. When graphed it becomes a parabola, which looks like a hill on
your graph. This is because the exponent on the variable of x is more than one.
This pattern continues on for all equations. Hope this helps to put it into easy to understand
terms. :).
How do i Construct an interval around the population mean that is tw.pdf
How do i Construct an interval around the population mean that is two standard deviations above
and two standard deviations below?
Solution
If you know the mean and standard deviation, then you can just subtract 2 standard deviations
from the mean and add 2 standard deviations to the mean:
± 2 or ( - (2*) , + (2*) )
^is your interval^.
How do I answer the questions I just want to answer math questions..pdf
How do I answer the questions? I just want to answer math questions.
Solution
How to Answer Questions--go to the questions and answers section using the tabs at the top.
Select \"unanswered\" from the pull down menus above the questions. select Math from the types
of questions. Next hit \"GO\" to enter your choices. this will refresh the questions only showing
the ones you selected (unanswered / math)..
How do I add fractions with uncommon denominatorsSolutionFirs.pdf
How do I add fractions with uncommon denominators?
Solution
First, I have to apologize for the fact that the formatting here will be hard to follow. It is not
possible to set it up properly in here. I have had to show the fractions like this 1/2. I hope that
isn\'t too confusing.
The first step in adding fractions with different denominators is to convert them to fractions with
the same denominator.
Sometimes this is really easy, because one of the denominators is a multiple of the other. So, for
example,.
How do charismatic and transformational leadership relate to the fou.pdf
How do charismatic and transformational leadership relate to the four followership types
described in the \"Focus on Followers\" section of the text?
Solution
Robert Kelley has identified five major followership types which are stated as follows:
1. Alienated Follower: This category consists of passive, yet independent thinkers. These
followers will not contribute to the problem solving of the situation. They would have also
experienced set backs or furstration. These followers are capable but still they focus on
shortcomings of the organization.
2. Conformist: The typical characteristics of conformists are that they are active but dependant
but uncritical thinkers. They instantly carry out orders. They are concerned in avoiding conflict
further they go along to get along. They are never hesitant in participation. They participate
willingly.
3. Passive Followers: These followers are usually uncritical thinkers and they lack initiative and
sense of responsibility. They always leave the leader to think and need much supervision. They
are more passive in nature.
4. Effective Followers: They are the most active and critical thinkers. They have the courage to
initiate change and serve the best interest of the organization. Further, they are committed to
something larger than themselves and are always committed to positive impact. They are always
open to risk.
5. Pragmatic Survivor: These followers have the qualities of all four types of followers. They
intentionally change style depending on the situation. They usually avoid risk and maintain status
quo. The style that benefits their position is usually adopted by them.
Charismatic leadership: Charisma is certain quality of an individual personality, by virtue of
which they are set apart from ordinary people and are considered as supernatural and
superhuman people with exemplary powers. They have the ability to influence people and
uncritical thinkers tend to follow them blindly if they get attracted by them.
Charismatic leaders can directly influence Alienated, conformist, Passive and Pragmatic
followers since all these followers have the tendency to follow instructions and obey their orders.
Transformational Leadership: It is defined as a process where leaders and followers tend to raise
one another to higher levels of morality and motivation. The leaders usually stirs the emotions of
others and encourage others. They have high expectations and get people to look beyond their
self-interest. They set set clear goals and are a model of Integrity and fairness.
Transformational leader create a big impact on the Effective followers. Effective follower think
and act, and transformational leaders tend to create a impact on the followers. This will work
vice-versa. A few pragmatic followers will also fall in this category, as pragmatic leaders always
fall in any of the four types of followership styles..
how do furnaces workSolutionFurnaces work by burning fuel (li.pdf
how do furnaces work?
Solution
Furnaces work by burning fuel (like oil or natural gas). When these things burn, they form hot
gases that are sent through curving metal tubes called \'heat exchangers.\' The heat exchangers
are inside of the air ducts in your house, so the air in the ducts gets warmed up by the hot metal
pipes. Then they use fans to move the warm air out of the ducts and new air in. Since the
potentially toxic gases from burning the fuel stay inside the heat exchanger tubes and the air in
your house stays outside of the tubes, the air in your house can\'t become poisoned..
How do differing perspectives affect our views of compensation Be s.pdf
How do differing perspectives affect our views of compensation? Be specific
Solution
1. Compensation is viewed by society as a measure of justice as well as a cause of increased
taxes and price increases.
2. Stockholders are concerned with executive pay relative ti company performance.
3. Managers view compensation as a major expense and a means to influence employee
behaviour.
4. Employees view compensation as return in an exchange with their employer an entitlement or
a reward in other countries Ex ( china,japan)
5. In other countries compensation is related to being taken care of.( some places in china they
still give rice allowances or transportation allowances)
6. So looking at all these perspectives of compensation you now need to look at the pros and
cons of compensation with your own perspective..
How do argumentativeness and verbal aggressiveness differ What are .pdf
How do argumentativeness and verbal aggressiveness differ? What are the implications of each
for organizational communication?
Solution
Argumentativeness:-
It is used to define the operation of justifying an opinion or theory through reasoning or
argument.
Also aimed to change the views of other persons or merely communicating our own ideas. It may
be a debate, forum to press ideas or a simple conversation with persuasion of one.
How did the concept of strict constructionism affect the development.pdf
How did the concept of strict constructionism affect the development of banking and
transportation during the antebellum years?
Solution
TRANSPORTATION
Two canals were built in the 1790s: the Santee in South Carolina and the Middlesex in
Massachusetts. More, the most successful of which was the Erie, which connected between New
York City and the upper Midwest, were built later. Canals\' great advantage was that one work
animal could move as much freight as 50 could on land. They were, however, very expensive to
build and possible to build in only a few places. Their highfixed costs made them economic only
where the volume of traffic would be high. Fixed costs are costs which do not vary with the level
of output or (in this case) service. The higher is the level of output or service, the lower are fixed
costs per unit of output or service. Other costs are called variable costs. Technologically,
building canals were a challenge. Most of the money invested in canals was provided by state
and local governments, mostly with funds acquired via taxation Low cost transportation, of
course, boosted economic activity, and this is how spending this money was justified Atack and
Passel estimate that they drove the cost of transportation down from 20 cents per ton mile in
1810s to 2 to 3 cents per ton mile in the 1820s. The last canals built were failures.Another major
improvement in transportation was the development of the steamboat, which made it possible to
cheaply transport freight and people upstream and speed downstream trips. Prior to their
development the muscle power of humans or animals was required to drag boats upriver. Robert
Fulton demonstrated the first successful steamboat in 1807. In 1815, the feasibility of using them
to transport freight up the Mississippi was demonstrated. The removal of snags in rivers and
reductions in steamboats\' draft made more areas reachable. Night travel eventually became
possible. Larger steamboats reaped economies of scale. Boiler explosions and a short useful life
were problems. Competition became fierce, driving down price.
The first railroads faced not only technological problems, but hostility from those associated with
competing forms of transportation. Also, some feared traveling over 20 miles per hour would kill
a person. Some didn\'t want these noisy, smoky things around. Decatur, Georgia, for example,
turned down the opportunity to have a rail line the State of Georgia was building from the
Tennessee River terminate there. As a result, it ended a few miles away, where a new town
called Terminus came into being. Today this town is the City of Atlanta. More fortunate than
Atlanta transportation wise was Chicago, a mid-continent, Great Lakes port that became a major
rail center. Railroads could travel uphill. They could reach inland areas not near rivers. They
could be built at a fraction of the cost of a canal. Their speed exceeded that of a wagon, and they
could transport a ton at a far lower cost th.
How did Expedia.com improve customer satisfaction with scorecards.pdf
How did Expedia.com improve customer satisfaction with scorecards?
Solution
Expedia lacked visibility into the voice of customers.
It had no. uniform way of measuring satisfaction of analyzing the drivers of satisfaction.
The group charged one of its business analyst with the task of pulling together and aggregating
the data from various source.
The group converted there drivers and links into a scorecard.
The process involved three steps:-
1- Deciding how to measure satisfaction:- This require a group to determine which measure in
the databases would be useful for demonstrating a customer level of satisfaction.
2- Setting the right performance targets:- This require the group to determine wether KPI targets
had short- term or long term payoffs.
3- Putting data into context:- the group had to tie the data to ongoing customer satisfaction
projects..
How did the Spanish react to the Pueblo RevoltSolutionThe pue.pdf
How did the Spanish react to the Pueblo Revolt?
Solution
The pueblo Revolt was raised by Pueblo people against the Spanish colonising in the province of
Santa Fe Nuevo Mexico . the revolt killed 400 spanish and drove remaining 2000 settlers out of
the province. Twelve years later the spanish returned and reocuupied the region.
How did Neoclassical economists rationalize a policy of laissez fair.pdf
How did Neoclassical economists rationalize a policy of laissez faire with respect to the potential
intervention into a market economy by government? Why do modern economists, on the other
hand, acknowledge a role for government.
A well-structured answer will include:
Solution
Ans :
In broad terms, there are three kinds of economic policies. The first is government ownership, or
socialism, where the government directly owns the means of production. The second is
government regulation, or interventionism, where the government leaves production to the
private sector but tries to shape market outcomes with subsidies, taxes, licensing, price and
quantity restrictions, standards of quality, safety, and health, non-waivable worker and consumer
rights, and other measures. The third is the free market, or laissez-faire, where private property
rights and freedom of contract alone provide the framework for interaction between firms,
consumers, and workers. The relationship between libertarianism and laissez-faire is a simple
one: laissez-faire is the libertarian position on economic policy. While most who use the
libertarian label admit exceptions, even the most moderate use laissez-faire as a benchmark.
Different economic perspectives emphasize specific elements of capitalism in their preferred
definition. Laissez-faire and liberal economists emphasize the degree to which government does
not have control over markets and the importance of property rights.
Classical economics can trace its roots to Adam Smith in 1776. In The Wealth of Nations Adam
Smith presented a comprehensive analysis of economic phenomena based on the notions of free
markets and actions guided by individual self interests in a laissez faire environment. This work
by Smith was motivated in large part as a critique of the existing merchantilist system.
Under mercantilism the ruling aristocracy directed economic activity with the primary goal of
benefiting the ruling aristocracy. The merchantilist view was that the wealth of a nation was
based on the wealth of the ruling aristocracy. Smith argued, quite convincingly, that the wealth
of a nation was actually based on the productivity of resources, which was best achieved if the
producers, consumers, and resource owners were left to their own \"selfish\" actions.
Economists also applied this classical framework to macroeconomic issues, especially
unemployment, economic growth, and business-cycle stability. With this application a
comprehensive theory of macroeconomics was developed that offered an explanation for
macroeconomic phenomena and provided recommendations for government policies.
The classical study of macroeconomics emerged from a set of axioms and assumptions that were
used for all economic analysis, such as wants and needs are unlimited, resources are limited,
people are motivated by self interest, and more is preferred to less. However, three particular
assumptions proved most important to the study of macroeconomic phenom.
How can the Federal Government persuade a performing contractor to c.pdf
How can the Federal Government persuade a performing contractor to comply with the contract
requirements for a complex acquisition? List available sources
Solution
Acquisition according to 48C.F.R section 2.101 is defined only to goods and services. The
federal government should persuade the contractor to comply the requirements for a complex
action in the following ways:.
How can project deliverables and documents be controlled, changed, a.pdf
How can project deliverables and documents be controlled, changed, and approved?
Solution
The project deliverables and documents can be controlled, changed and approved with the help
of various process included in the configuration management system. Configuration management
system refers to a systematic procedure involved in change management.
Within configuration management system, the “projectscope management plan” is amalgamated.
This process creates a scope management plan that helps in the documentation of different ways
in which a project would be defined, validated and controlled..
How can relative frequency tables, relative frequency, and histogram.pdf
How can relative frequency tables, relative frequency, and histograms showing relative
frequencies help us understand sampling distributions
Solution
All of these tables and charts show the distribution of the observations in the
sampling distribution. and it shows how far away groups of data are from points like the mean..
how can organization encourage creative and innovative makingho.pdf
how can organization encourage creative and innovative making?
how can organization encourage creative and innovative making?
Solution
Ways to encourage Creative and Innovative thinking in an organisation:
An organisation can create a culture, in which all employees are encouraged and motivated to put
their ideas forward. There are ways to initiate innovation and creative minds in an organisation
by following the below ways:
Include Creativity as a part of learning
Imbibe out of the box thinking as a skillset amongst the employees
Participate in the brainstorming and critical meetings activities
Stress on the importance to initiate creative ideas
Encourage and motivate them to build up the confidenec in brining up their ideas
Tolerate the mistakes and initiate the risk.
Provide internal training and formalised review process.
Rewards and incentive programs are necessary to keep the process on-going..
How can you find out what is inside a seedSolution .pdf
How can you find out what is inside a seed?
Solution
I believe this belongs in the biology section. However, the seed is produced by
angiosperms and contains an embryonic plant. The seed is there to protect it, since the inside is
easily susceptible to damage. The hard covering also helps to protect against dessication. These
are the layers (from outside to inside) of a seed: Seed coat Embryo The embryo consists of:
Hypocotyl Radicle Cotyledon.
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Home assignment II on Spectroscopy 2024 Answers.pdf
How do an ordinary annuity, an annuity due, and a perpetuity differ.pdf
- 1. How do an ordinary annuity, an annuity due, and a perpetuity differ? Explain. Solution Annuity refers to series of periodic cash flow made or received at equal intervals. Cash flows can be either inflows or outlfows happening after a periodic time intervals like weekly, monthly, quarterly or annually. Ordinary Annuity - When payment or receipt happens at the end of a time period. Annuity Due - When payment or receipt happens at the beginning of a time period. Perpetuity - An Annuity in which there is no end date i.e. an annuity which is everlasting.