INTERNATIONAL BALKAN UNIVERSITY 2012-2013 SPRING SEMESTER MIDTERM EXAM SCHEDULE Faculty of Economics and Administrative Sciences‚ Study Programme - International Economic Relations: 2nd Year |Lecture |Instructor |Date |Time |Group |Exam room |Examiner | |Information Technology |Asst. Prof. Hikmet Kamberaj |08.04.2013
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What is the opportunity cost for me in taking this course? First‚ what is opportunity cost? To me it is merely a decision amongst two likely possibilities where you judge the benefits of one choice over the other. You can simply choose to do this or you can simply choose to do that. If someone goes to work straight out of high school it may be financially better for them short term‚ however‚ they may not receive the same amount of income had they went to college. Undeniably‚ a college degree will
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Any monetary costs from going skiing‚ as well as anything you lose by going skiing‚ wages or time studying. The cost of skiing instead of going to the library to study is the costs associated with skiing along with the knowledge that could of be gained by going to the library. Since the cost of going to the library cannot be measured in monetary terms‚ it will vary from person to person. A person who needs to study for a final to be taken on Monday may give up more than someone who is going to the
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There’ s a possibility that the article “ Why Multivitamins Might Do More Harm Than Good ” is useful and academically reliable. First of all‚ the author Stefanie Stickel‚ a graduate in Biochemistry from the University of Pennsylvania‚ got her Ph.D. in Molecular Biology from the University of Colorado at Boulder. Because she affected a good educational study in university‚ so she might be a reliable people that wrote a trusted source. Secondly‚ the article positively affects the reliability because
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Some people think the natural gift play the major role in the children’s development. In contrast‚ other think the nurture is more important than nature. Personally‚ it’s more advisable to choose the latter view than the former one. To begin with the Einstein’s best known saying: the gunius is 1% inspiration ‚and 99% prespiration.even Einstein who is one of most wisest people in the world also have to think and study for months before he fomulate the famouse relativity of theory.in addition to it
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Opportunity cost is often to be determined when coming across decision-making. Throughout this essay‚ the term ‘opportunity cost’ will be reviewed in the case of pregnant women staying home during their maternity leave. The essay will be divided into 3 part. Firstly‚ concept of opportunity cost will be defined and explained with daily examples. It will then go on investigating both the opportunity cost and benefits of mothers staying home during their maternal leave. Finally‚ several advices will
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Application of Opportunity Costs Donald G. Fox Sr. ECON220-1103A-24 Unit 1 IP AIU Online Michelle and James both‚ produce potatoes and chickens. Michelle can produce 200 potatoes and 50 chickens per year‚ and James can produce 80 potatoes and 40 chickens per year. What is Michelle ’s opportunity cost of producing potatoes? If opportunity costs‚ is opportunity lost‚ then Michelle devoting 100% of her time to produce 200 potatoes her cost would be 100% loss of 50 chickens. What is Michelle
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Guild Date: September 26‚ 2014 Re: You Can’t Take It With You‚ But You Still Want More Memo Introduction The suffix –aholic indicates that the person this term is being used to describe is one who feels compulsively the need to do something or is addicted to something‚ and workaholics are on the rise. Workaholism is associated with overearning‚ the tendency to forgo leisure and work beyond one’s needs‚ and recently research has been studying the question‚ do people overearn? This research was published
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Most people think college is beneficial. Some people believe that’s not so true. There are obvious benefits that everyone knows about like‚ more job opportunities‚ bettering your education‚ becoming qualified in a subject and many more. Have you ever thought about someone taking care of you and not being qualified? For example‚ a doctor‚ if he or she was not qualified would you trust them? If you’re not sure whether college is right for you‚ here are a few reasons why you should go to college. College
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the country’s stagnant educational system. In fact‚ they should be lauded for reaching this decision: that is‚ looking for a solution and doing their job instead of sitting on their laurels and pocketing their pensions. This will also make Filipinos more globally competitive and relevant‚ since it will eliminate the need for further enrollment in back classes and other additional testing just to qualify for an overseas job. There is no question: we badly need a paradigm shift in the system. But
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