100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MBA Prepworks. $19.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. ASU SHS 470
  4.  
  5. ASU SHS 470

Exam (elaborations)

MBA Prepworks.
 8 views  0 purchase
  • Course
  • ASU SHS 470
  • Institution
  • ASU SHS 470

Exam of 8 pages for the course ASU SHS 470 at ASU SHS 470 (MBA Prepworks.)

Preview 2 out of 8  pages

Document information

  • May 30, 2024
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • ASU SHS 470
  • ASU SHS 470

Seller

avatar-seller
docwayne5

Reviews received

Content preview

MBA Prepworks – BMAS - Prepworks Fundamentals of Economics questions with correct answers When the alternative with the lowest expected returns are eliminated, you should erase them from a decision diagram - ✔✔ ANSW✔✔ False The EMV is a numner based on averaging - ✔✔ ANSW✔✔ True The EMV of an alternative with a .5 probability of making $500 is definitely $250 - ✔✔ ANSW✔✔ False Branches are connected by squares only - ✔✔ ANSW✔✔ FAlse The decision maker determines which branch to follow from an event node - ✔✔ ANSW✔✔ False The fixed costs for a certain project are $50 and it costs $2 to produce one unit. The equation that relates Y (total costs) to X (total number of units pr oduced is Y= 2 + 50X - ✔✔ ANSW✔✔ False A variable cost is one the will be incurred regardless of how the level of production varies - ✔✔ ANSW✔✔ false The graph for the equation Y= 9w^2 + 56w + 15 would look like - ✔✔ ANSW✔✔ a parabola An upward sloping parabola has a maximum point at its vertex - ✔✔ ANSW✔✔ False An appliance manufacturer's total costs are equal to its fixed costs plus its monthly rent - ✔✔ ANSW✔✔ False Which of the following is a monomial expression? - ✔✔ ANSW✔✔ 143x^4 + 3x ^4 Which of the following is a binomial expression? - ✔✔ ANSW✔✔ 143x^4 + 78x^4 + 6x^4 + 76 The contribution margin is the amount that can be contributed to fixed costs - ✔✔ ANSW✔✔ True when the following equation holds true, we are at the breakeven level in dollars: Sales - Variable Costs = Fixed costs - ✔✔ ANSW✔✔ True For the equation 2x - 3y = 6, the x and y intercepts are x=3 and y=2 - ✔✔ ANSW✔✔ True When solving for an unknown variable that has a number preceding it, you will divide both sides of the equat ion by this number, which is known as the - ✔✔ ANSW✔✔ Coefficient To separate an unknown variable from its exponent one should, - ✔✔ ANSW✔✔ multiply the exponent by its inverse You can solve for two unknown variables with only one equation - ✔✔ ANSW✔✔ False The graph for the equation y = 2X would look like - ✔✔ ANSW✔✔ none of the above

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller docwayne5. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $19.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$19.49
  • (0)
  Add to cart