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3.a. From the given Demand Schedule for air tickets, calculate elasticity of demand. (5 Marks) Price of Air Ticket (Per Ticket) |Quantity Demanded (Tickets per month) |
1,00,000 5,000
1,20,000 3,500
3.b. Elaborate the term Elasticity of Supply and explain any three factors that determines elasticity of supply
1. Assume that a consumer consumes two commodities X and Y and makes five combinations for the two commodities: TABLE BELOW
Combination Units of X Units of Y A 25 3 B 20 5 C 16 10 D 13 18 E 11 28
Combination | Units of X | Units of Y
A 25 3
B 20 5
C 16 10
D 13 18
E 11 28
Calculate Marginal rate of Substitution and explain the answer. (10 Marks)
You are appointed as a member of the United Nations Security Council (UN) to mediate in the RussiaUkraine conflict. The mediation effort is referred to as the We are One Nation-campaign. Your
organisation plans to adopt the use of mass communication as one of its initiatives. Use the
presentation to indicate why mass communication will be effective in getting the message of your
organisation’s campaign across.
From the given information Amount in Lakhs
cost of goods sold 580
opening stock 40
closing stock 70
creditors at the beginning of the year 60
creditors at the end of the year 100
cash purchases 45
Original cost of equipment sold 400
Gain on the equipment sold 50
Accumulated depreciation on the equipment 80
Calculate: a. Total purchases, credit purchases and payment to creditors (5 Marks) b. Define the term Net book value, Accumulated depreciation calculate the net book value and cash proceeds from sale of investment (5 Marks)
What are average cost and marginal cost? Given total cost function: C = Q ^ 3 - 12Q ^ 2 + 6Omega*Q Find
Average cost and marginal cost
Given the following thermochemical equations and the corresponding enthalpy change for each reaction, calculate the heat of combustion of acetylene gas, C2H2
- 2C (graphite) + H2 (g) C2H2(g) ∆H= + 226.7 kJ
- C(graphite) + O2 (g) CO2(g) ∆H= - 393.5 kJ
- H2(g) + ½ O2 (g) H2O (l) ∆H= - 285.8 kJ
2. You started learning the course of financial accounting and analysis in the MBA Program. You learned about commonly used accounting terms. Discuss about any five terms which are commonly used by the different users of accounting information for the sake of understanding the financial statements Student may define and describe about any five terms (10 Marks)
0.30 mol C3H6O0.30 mol C3H6Othe amount of heat released during the combustion of:
- 0.30 mol C3H6O
- 100 g of C3H6O
Write the thermochemical equation for the following reactions that occur at constant pressure:
- One mole ammonium nitrate dissolve in water to produce aqueous ammonium ion and nitrate ions, accompanied by the absorption of 28.1 kJ of heat
- Formation of carbon dioxide gas from carbon (graphite) and oxygen, yields 393.5 kJ of heat
1. For the following transactions, analyze the accounting transactions using the accounting equation framework (10 Marks)
. Introduced Rs500000 through a cheque by the Owner as the Initial capital in the business 2. Purchased goods on credit from Ms. Ritu at Rs 40000 3. Paid Rs 10000 as salary to the employees 4. Invested Rs200000 in a fixed deposit account 5. Paid school fees of the kid Rs 25000, from the business’s bank account. Note: (2*5 = 10 marks) 1 marks for analyzing each transaction and 1 mark for correct journal entry
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#339914 on Dec 2023