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As of 8th June 2009, £208000 = $333119.80

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How do you Calculate 10 percent of 208 people?

First option: 208 divided by 10 equals 20.8 which is 10 percent of 208. Second option: 10 percent of any number is the same number with the decimal point moved one to the left. 10 percent of 208.0 is 20.80.


5lb's of dime's are worth how much?

$104. 13 dimes weigh 1 ounce, which equals $1.30. 16 ounces equals 1 lb., which 16 times $1.30 equals $20.80 or 1 pound of dimes (208 dimes). $20.80 times 5 equals $104 or 5 pounds of dimes (1040 dimes).


How much is one billion yen worth in US money?

10.78100 million U.S. dollars


The Equi-Marginal Principle can be applied to both consumption as well as production?

(b) Equi-marginal principle The equi-marginal principle was originally associated with consumption theory and the law is called 'the law of equi-marginal utility'. The law of equi-marginal utility states that a utility maximizing consumer distributes his consumption expenditure between various goods and services he/she consumes in such a way that the marginal utility derived from each unit of expenditure on various goods and services is the same. The pattern of consumer's expenditure maximizes a consumer's total utility. The law of equi-marginal principle has been applied to the allocation of resources between their alternative uses with a view to maximizing profit in case a firm carries out more than one business activity. This principle suggests that available resources (inputs) should be so allocated between the alternative options that the marginal productivity gain (MP) from the various activities are equalized. For example, suppose a firm has a total capital of Rs. 100 million which it has the option of spending on three projects, A, B, and C. Each of these projects requires a unit expenditure of Rs. 10 million. Suppose also that the marginal productivity schedule of each unit of expenditure on the three projects is given as shown in the following table. Units of Expenditure Marginal Productivity (MP) (Rs. 10 million) Project A Project B Project C 1st 501 403 354 2nd 452 305 306 3rd 357 208 209 4th 2010 10 15 5th 10 0 12 Going by the equi-marginal principle, the firm will allocate its total resource (Rs. 100 million) among the projects A, B and C in such a way that marginal product of each project is the same i.e., MpA = MPB = MPC. It can be seen from the above table that going, by this rule, the firm will spend 1st, 2nd, 7th, and 10th unit of finance on project A, 3rd, 5th, and 8th unit on Project B, and 4th, 6th, and 9th unit on project C. In all, it puts 4 units of its finances in project A, 3 units each in projects n and C. In other words, of the total finances of Rs. 100 million, a profit maximization firm would invest rs. 40 million in project A, Rs. 30 million each in projects B and C. This pattern of investment maximizes the form's productivity gains. No other pattern will ensure this objective. The equi-marginal principle suggests that a profit maximizing firms allocates MpA = MPB = MPC = … = MPN If cost of project (COP) varies from project to project, then resources are so allocated that MP per unit of COP is the same. That is, resources are are allocated in such proportions that The equi-marginal principle can be applied only where (i) firms have limited investible resources, (ii) resources have alternative uses, and (iii) the investment in various alternative uses is subject to diminishing marginal productivity or returns.


What are three examples of labor division?

Division of Labor Division of labor, the parceling out of work based on various categories of identity, is understood commonly as a division made on the basis of gender. Indeed, food production, preparation, and even consumption are often differentiated on the basis of gender: men do some tasks and women do others. For example, cooking is widely recognized as an essentially female task (Murdock and Provost, p. 208). However, division of labor can apply to class, ethnicity, and age as well, and these categories also intersect with how people produce, prepare, and consume food. Food Production The division of labor begins when food production begins, which is a pattern rooted in the history of humanity. The earliest humans tended to divide their work by category, where men hunted and fished and women gathered vegetable foods (fruits, vegetables, grains, and nuts). Among foraging societies, women still take on the greater portion of food-preparation tasks, such as http://www.answers.com/topic/grind, pounding, boiling, and otherwise processing gathered and hunted foods into edible meals. For the few societies that still http://www.answers.com/topic/procuring their food in the hunting-and-gathering strategy, a large percentage of the diet is made up of non-meat foods, with meat functioning as a much-desired and prized treat (Lee, pp. 256-258). As societies adopted farming as a means of food production, dividing food production by gender persisted, yet much of this division was based on cultural understandings of gender rather than a physical advantage on the part of men or women. For example, among the Maring of New Guinea, numerous agricultural tasks are divided on the basis of gender: men and women together clear gardens, but only men fell trees. Both men and women plant crops, but weeding is a primary female occupation. At harvest time, men harvest above-ground crops and women harvest below-ground crops (Rappaport, pp. 38-40, 43). These are categories based on cultural understandings, similar to how grilling and barbecuing are identified as male tasks in many Western societies. An extreme case of agricultural specialization is found in much of sub-Saharan Africa, where http://www.answers.com/topic/subsistence agriculture is a predominantly, sometimes exclusively, female task. Agricultural economist Ester Boserup notes that in sub-Saharan cultures, the shift to a more urbanized society often reduces women's status, for although rural farm women may not be socially equal to their husbands, their work on farms is recognized and valued. A shift into a more "Westernized" work pattern can eliminate what power such women do have (pp. 53-63). However, agricultural work patterns vary widely. In societies where http://www.answers.com/topic/plough agriculture is common, women are often likely to process food in the home, while the actual farm labor falls to men; yet even in those societies, women may http://www.answers.com/topic/weed and harvest or keep kitchen gardens. In the United States, women's farm participation varies from http://www.answers.com/topic/negligible to great. The publication Marketing to Women notes that although the number of women farmers in the United States is on the rise, women tend to own the smallest farms. At the same time, women are far more likely to own their farms: fully 80 percent of women farmers are farm owners, in contrast to the 58 percent of male farmers who own their farms. Preparing Foods Food preparation, particularly that which occurs in the home and family, is most strongly associated with women and women's work. This is a pattern that has been documented widely. Journalist Laura Shapiro and food writer Ruth Reichl outline the history of this development in the United States in Perfection Salad, their account of the "domestic science" movement. As a result of this movement, women's work came to be viewed as professional, and cooking and other domestic activities were elevated to a woman's highest calling. (See also http://www.answers.com/topic/comgan-1. Numerous works from a range of disciplines document this pattern. Among them are works by Sherrie A. Inness and the U.S. sociologist Arlie Hochschild.) Similar patterns have emerged in other societies, although the underlying cultural ideals may differ. Anne Allison describes the great attention that Japanese mothers give to the preparation of their http://www.answers.com/topic/preschool children's boxed lunches. Young children attend preschool from three to six years of age, where they bring elaborately prepared lunches with them. Mothers organize other family meals around lunch preparation and spend as much as forty-five minutes each morning preparing lunch for their preschoolers. Men never prepare such lunches, and no adult that Allison interviewed could ever recall their father preparing a lunch. Indeed, the elaborate and beautifully presented lunch reflects well on the mother and signals her devotion to her children in the eyes of other mothers and of the preschool staff. The association of women and domestic food preparation is sufficiently strong that men's cooking requires explanation. In some societies, men prepare special or ritual meals. The ethnographic film The Feast, by Timothy Asch, shows Yanomamo men preparing and eating a ritual meal, which is unusual in this strongly patriarchal Amazonian society. Other Types of Divisions However, gender is not the only way that labor is divided. This is true for food preparation, as it is for many other types of labor. Class or rank is a major category of division. For example, among the affluent in society, in modern times as well as in the past, servants often prepare food for the household. Also, certain kinds of foods might only be prepared or consumed by people of specific social classes. Archaeologist Christine Hastorf's work in Peru traced the preparation and consumption of corn, in the form of corn beer, through the pre-Incan and Incan periods. Using a sophisticated array of techniques, Hastorf compared the presence of corn pollens among different house sites and throughout neighborhoods. Over time, the presence of http://www.answers.com/topic/pollen, generally found in the patios and yards where women prepared food, was concentrated in the house sites of elite classes. The preparation of corn slowly shifted from most women to elite women. Further comparisons of this type showed that over the same period of time, women's consumption of corn decreased overall, while men's consumption increased in elite neighborhoods. Hastorf hypothesized that with the rise of the Incan Empire, elite women became increasingly specialized corn-beer producers and elite men became the beer's main consumers. Perhaps the most striking change in U.S. food preparation is that most people do not prepare their own food. An increasing number of people pay to eat food that is prepared elsewhere, whether they pick up burgers at a drive-through restaurant, order pizza, or buy prepared meals in markets. This pattern has been noted for much of the past twenty years (see http://www.answers.com/topic/gonzales%29 and continues to http://www.answers.com/topic/intensify.