Classtie

Define - ANS Research done over long period of time where sample stays the same Why use them? - ANS - allows to measure society over time - allows comparisons to be made - correlations can be identified - cause and effect relationship established - measure things like poverty over life chances Example- 7Up series 1964 - ANS - followed lives of 14 British children aged 7 from different backgrounds - returned every 7 years to see how their lives changed - most recent documentary 63 Up was ...

In the liver what is the role of the gall bladder ? your gall bladder where bile is produced and transported via the bile duct releasing the bile into the duodenum Answer = Bile production What is the definition of cholestasis Cholestasis = The reduced bile secretion or flow due to problem with hepatocytes production of bile acid or a blockage of the gall bladder or associated ducts that help transport bile. The liver has metabolic, synthetic and excretory functions, what are the metabo...

Which of the following is the best example of opportunity cost? Select one: a. a company's expenditures on a training program for its employees b. the rate of return on a company's investment c. the amount of money that a company can earn by depositing excess funds in a money market fund d. the profit that a company forgoes when it decides to drop one product line in favor of another one - ANS d. the profit that a company forgoes when it decides to drop one product line in favor of anoth...

Net Present Value (NPV) - ANS = cash flow / [(1+ discount rate)^ number of years] profitability index - ANS = present value of future cash flows / initial investment ex-rights price equation - ANS = (value of existing shares + value of new shares) / (# of shares)

What is a strictly dominant strategy? A strategy which always provides a greater payoff when compared to other strategies (cannot provide an equal payoff; that would be weakly dominant). What is a weakly dominant strategy? A strategy which provides a greater than or equal payoff to other strategies. (Think of it as greater than or equal to) What is a pure strategy nash equilibrium? A nash equilibrium which arises from playing a specified strategy (I will play this action specifically) wh...

emigrant - ANS person who leaves own country in order to live in another LIDC case study - ANS Nigeria give one reason how emigration from an LIDC can provide opportunities for that LIDC (include details) - ANS remittances = consumer spending = invest in businesses = boost local economy provide a fact about remittances sent to Nigeria - ANS $22 billion, 2017 provide a fact about remittances and the nigerian economy - ANS remittances represent 6.1% of nigerian economy, 2018 why are most re...

How to Balance off An Account Income Statement Items sales revenue less cost of goods sold _____________________________________ gross profit less operating expenses _____________________________________ operating profit (EBIT) less interest _____________________________________ earnings before tax (EBT, PBT) less tax _____________________________________ net profit (PAT) less dividends, drawings _____________________________________ reserves Balance Sheet Items: Current ASSETS...

EOQ - ANS ROUND(SQRT( (2DCo)/(UCc) ), 0) AVG inventory - ANS SS + Order Q / 2 Inventory turnover - ANS AVG Sales / AVG Inventory AVG Co - ANS Co * ( D/Q ) AVG Cc - ANS U * Cc * (Q/2 ) TAC - ANS AVG Co + AVG Cc (+ AVG Cp) (If quantity discount) stdDDLT - ANS SQRT( AVGLT * stdD^2 + AVGD^2 * stdLT^2 ) SS - ANS stdDDLT * z(SL) Reorder point - ANS DDLT + SS Spec width (S) - ANS USL -LSL Process width (P) - ANS 6 * std

A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is the Economic Order Quantity for parts? - ANS 1,080 EOQ=SQRT(2DS/H)=SQRT(2*162*360*10/1)=1,080 units. A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, it take 3 days to receive the parts once an order is placed, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is ...

What are opioids? - ANS Opioids: • Street use - not for physical pain states. • Patients (signalling in pain pathways) - used in presence of pain. Presence of opioid in presence of pain does not have same effect as recreational use. • Self administration and access, but patient controlled analgesia (PCA) also involves self administration. • Animals and patients pick doses. • Heroin vs morphine - same drug. • Pain must counter reinforcement. • Patients become physically dep...