Answer: B. People who have been in an industry are most likely to be asked to be regulators of the industry.
Explanation:
The Capture Theory or Regulatory Capture refers to a situation where the agencies that are supposed to be regulating an industry come under the influence of the companies they are meant to be regulating.
This leads to a situation where the Agencies make regulations that favour these companies instead of the consumer.
One key way this occurs is the REVOLVING DOOR. This is known as the tendency of professionals to move between Government and Private jobs. Simply put, a professional could work in an industry and then go on to work in an Agency regulating that industry. Once this happens, the once private citizens could start influencing the Agencies in favour of their previous bosses.
Keynes would most likely oppose a plan for government control of all the manufacturing companies.
Answer:
Given that Program instructions consists of:
- 60% floating point multiply
- 20% floating point divide
- 20% other instructions
Amdahl's law states that:
Execution time affected by improvement = (Execution time after improvement/ Amount of improvement) + (Execution time unaffected)
Assuming initially that floating point multiply, divide and other instructions have same clocks per instruction (CPI).
Part (a)
New execution time after improvement with multiply = (60) / 8 + (20 + 20) = 47.5
New execution time after improvement with Divide = (20) / 3 + (60 + 20) = 86.67
New system should be 4x faster which means new execution time should be below = 100/ 4 = 25.
Therefore, Management's goal can NOT be achieved by making the improvement with multiply or divide alone.
Part (b)
New execution time after improvement with multiply and divide = (60 / 8) + (20 / 3) + 20 = 34.17
Speed up = execution time of original machine / Execution time of new machine = (100 / 34.17) = 2.93
Therefore, new machine is 2.93 times faster than original machine.
Answer:
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Answer:
Option (d) is correct.
Explanation:
Given that,
Inventory sold to Alberta, Inc. on account = $5,800
Cost of goods sold = $4,000
The journal entries are as follows:
(i) On October 1,
Accounts receivable A/c Dr. $5,800
To sales A/c $5,800
(To record the credit sale of inventory)
(ii) On October 1,
Cost of goods sold A/c Dr. $4,000
To Merchandise inventory A/c $4,000
(To record the cost of goods sold)
