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suppose m=30, p1=2, p2=3.

the government wishes to impose a quantity (i.e. per unit) tax of $0.25 on good 1.


A. Choose the letter that corresponds to the correct answer.

1. All of the following are segments of cash flow statement except:

a. Investing activities c. Operating activities

b. Financing activities d. Supplemental

(Note: for nos. 2-6, identify which part of SCF will be affected using the indirect method)

2. Withdrawals by the owner

a. Investing activities c. Financing activities

b. Operating activities d. None

3. Proceeds from the sale of equipment used in the business

a. Operating activities c. Other activities

b. Investing activities d. Financing activities

4. Depreciation expense

a. Other activities c. Investing activities

b. Operating activities d. Financing activities

5. Collection from customers' long term debt

a. Operating activities c. Other activities

b. Investing activities d. Financing activities

6. Additional cash investment by the owner

a. Other activities c. Investing activities

b. Operating activities d. Financing activities


A. Classify the transactions below if it is Operating, Financing, or Investing.

1. Cash payment to suppliers

2. Cash sales

3. Owner's withdrawal of cash from business' fund

4. Payment from cash customers

5. Payment to employees

6. Collection on long term claims from the customers

7. Proceeds from a bank loan

8. Settlement of rental fees of the leased space

9. Cash contribution of owner

10. Cash received from sale of furniture (company's main line of business is not related to furniture)


How successful was the new growth parth in influancing economic growth and development in south africa?


Discuss poverty and inequality in South Africa.

Compare and contrast the federal funds rate, the discount rate, and the prime rate


Define with example:
Indifference curve
Marginal rate of substitution
Indifference curve and transtivity
Taj Hotels, Infosys) Can you think of an example from the firm chosen that reflects the application of price elasticity in revenue decisions? Justify

Consider the utility function u1(x1, x2, x3) = x21,x32 x3 .

Find a monotone transformation of u1(x1, x2, x3) such that the new utility function is of the form u3(x1, x2, x3) = a In x1 + b In x2 + c In x3.

Consider the utility function u1(x1, x2, x3) = x21,x32 x3 .

Find a monotone transformation of u1(x1, x2, x3) such that the new utility function is of the form u2(x1, x2, x3) = (x1a, x2b, x3c)

Where a + b + c= 1. 


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