Blog

(DOD) Refer to the requisition form marked Form G.    Which of the following is true regarding this transaction?

(FDN) Which is true regarding effort certification on this project?

(NIH) Refer to the form that is providing information for an employee reimbursement marked Form M-1.   Would you approve or send back this transaction?  If send back, why?

(NIH) Refer to the requisition form marked Form E.    Would you approve or send back this transaction?  If send back, why?

(FDN) Assume the University has spent $3,000 on research costs.  Can the PI rebudget $350 from data collection costs to research costs in order to purchase a scanner for the computer?  If not, why not?

(DOD) All of the following are true with regard to this contract EXCEPT:

(FDN) Refer to the requisition Form J.   Would you approve or send back this transaction?  If send back, why?

        Refer to Figure 5-1. With reference to Graph A, at a price of $5, total revenue equals:

Refer to the table below.              Quantity Cost (in dollars) Fixed Costs (in dollars) Total Costs (in dollars) Average Total Costs (in dollars per unit) Average Variable Costs (in dollars per unit) Marginal Costs (in dollars per unit) 0 0 40 40 – – – – – – 1 15 40 55 55 15 15 2 35 40 75 37.5 17.5 20 3 60 40 100 33.3 20 25 4 90 40 130 32.5 22.5 30 5 125 40 165 33 25 35 6 160 40 200 33.3 26.6 40   If the firm produces 5 units that it sells at a price of $30.00 each, what will its profits or losses equal?

            Refer to the diagram above. Based on the information illustrated in the graph, which of the following is correct?