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Once a company determines its fixed and variable costs, it can then conduct cost-volume-profit analysis Basically, CVP analysis explores the relationships among costs, volume or activity levels, and profit Break-Even Point One of the primary uses of CVP analysis is to calculate the break-even point. The break-even-point is the number of units
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§1 多项式基础 /* Polynomials */ (自习) §2 二分法 /* Bisection Method */ §3 迭代法 /* Fixed-Point Iteration */
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once oncu n a paiuicuia positon on DNA, a nucleosome remained fixed in place because of the tight association 30-nm 98A5 sequence-specific DNA-binding proteins nucleosome
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Chapter 4 Finite-Sample properties of the LSE Finnite-sample the n is assumed to be fixed normal dist n assumed Large-sample theory n is sent to oo, general distn assumed
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Questions from Last Lecture Demand for money↑ =)=l ,Y) ↑ while fixed →l(r,y: hold& to balance the pressure ofd↑; hold,↑ to balance
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The Case for Floating Exchange rates The Case Against Floating Exchange Rates Macroeconomic Interdependence Under a Floating rate What Has been Learned Since 1973? Are Fixed Exchange Rates Even and Option for mostCountries?
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Structure Market supply Short-run- supply and equilibrium Long -run- supply and equilibrium Long -run- implications for taxation Fixed inputs and economic rent(经济租金)
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Price wars are bad, especially with high fixed costs They reduce current profits and erode customers' perception of product quality Price wars are not inevitable. For example the French and the Germans fight every fifty years but not every year
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Mathematical basis of stability analysis =f(x,y) system of two coupled differential equations y=g(x,y) step 1 find nullclines and fixed point(s)
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L. True and False Questions Decision making is a distinct management activity that should be separated from budgeting, directing, and controlling activities. (F) 2. The concept of the relevant range does not apply to fixed costs. (F) 3. A cost formula may not be valid outside the relevant range of activity ( T) 4. The high-low method is generally less accurate than the least-squares regression method for
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