July 2021 – Page 852 – Homework Handlers

describe what function each structure is performing in the eye

July 17, 2021/in Uncategorized /by admin

describe what function each structure is performing in the eyeD. Light Ray You are a ray of light that is getting ready to enter the eye where you will be converted into a nerve impulse and then travel to the brain for interpretation. In the space provided below, describe all of the structures you encounter on your way to the brain. Also describe what function each structure is performing in the eye. Each of the following structures should be included in your discussion: a. Lacrimal apparatus b. Conjunctiva oybed c. Sclera d. Iris and pupil e. Anterior cavity f. Lens and suspensory ligaments g. Ciliary muscle h. Posterior cavity i. Retina j. Macula lutea k. Rods and cones 1. Optic nerve m. Optic chiasma n. Thalamus o. Occipital lobeYou are a sound wave that is getting ready to enter the ear where you will be converted into a nerve impulse and then travel to the brain for interpretation. In the space provided below, describe all of the structures you encounter on your way to the brain. Also describe what function each structure is performing in the ear. Each of the following structures H. Sound Wave should be included in your discussion: a. Auricle b. External auditory canal c. Ceruminous glands d. Tympanic membrane e. Eustachian tube f. Auditory ossicles g. Oval window h. Cochlea i. Temporal lobe

Microeconomics – cost elements of a business

July 17, 2021/in Uncategorized /by admin

Assignment

In this Assignment, you will define and calculate the remaining six major cost elements of a business, when given the Total Costs and the Quantity Produced, as well as to use the computed costs to determine a minimum cost output level for that business. In addition, you will also clearly explain how the Average Total Cost of a new output level is affected by its share of Fixed Costs and Variable Costs.

Questions

1. When Total Costs (TC) are known, explain how to calculate each of the following:

a. Fixed Costs (FC)

b. Variable Costs (VC)

c. Average Variable Costs (AVC)

d. Average Total Costs (ATC)

e. Average Fixed Costs (AFC)

f. Marginal Costs (MC)

2. Table 1. Shows the hourly production and Total Cost estimates for a new manufacturing firm wishing to enter the smart phone market. Fill in the blank cells in columns a., b., c., d., and e. on the table by computing the appropriate values.

			Table 1.
Smart cell phones produced in an hour	Total Cost (TC)	Variable Costs (VC)	Average Variable Costs (AVC)	Average Total Costs (ATC)	Average Fixed Cost (AFC)	Marginal Cost (MC)
		a.	b.	c.	d.	e.
0	$3,200		n/a	n/a	n/a	n/a
15	$3,525
30	$3,875
45	$4,250
60	$4,650
75	$5,075
90	$5,525
105	$6,725
120	$8,210
135	$9,950

3. Based on your calculations in completing the table in Question 2, what is this manufacturer’s minimum cost output level? Explain your answer.

4. According to our textbook (page 341) when one additional unit is produced, two factors directly impact the change in average total costs, the Spreading effect and the Diminishing Returns effect. In the following two situations explain how the factors of the Spreading effect and the Diminishing Returns effect cause the average total cost to be different.

a. Production of the 10^th Gizmo resulted in an average total cost (ATC) of $20, but production of the 11^th Gizmo resulted in an average total cost of $22.

b. Production of the 10th Gizmo resulted in an average total cost (ATC) of $20, but production of the 11th Gizmo resulted in an average total cost of $18.