1)What is meant by absolute advantage? Describe how it works using numerical example. The ability of a country‚ individual‚ company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service. For example‚ Vietnam can produce 1000 million tons of rice while South Korea can produce 800 million tons of rice => Vietnam has absolute advantage (since it can produce more than Korea) 2) What is meant by the term comparative advantage
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The importance of custom as a source of law for Roman Law Name: Kristina Azzopardi I.D. card: 492895 M Roman law is the legal system of Ancient Rome and it is a rather primitive law as it dates back to hundreds of years B.C. mainly because Rome was founded in B.C. 753. During this period‚ law was customary rather than enacted however it was developed because the Emperor Justinian felt that an organised society was essential and that laws should not remain scattered‚ and in fact‚ what today
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Getting Started #ORG $StartScript Lock Faceplayer #ORG : beginning of a script Lock : Locks down the character you activate in the game so that they won’t move around while the script is running. Faceplayer : makes them turn to face the player. GotCookie : What is highlighted in blue is a Variable name. You can use any word you want for a variable name but there can’t be any puntuation in it. Displaying a message #ORG $ShowText Lock Faceplayer message $NoCookie $NoCookie 1 =
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PAST PAPER QUESTIONS – CARIBBEAN HISTORY Emancipation 1. How significant was the rebellion in Jamaica (Christmas Rebellion) in 1831-2 as a cause of the passing of the Emancipation Act in 1833? 2. How significant a part did slaves play in ending slavery? 3. How important a factor was the resistance of the enslaved in bringing about emancipation in the Caribbean? 4. “The Emancipation Act (1833) favoured the planters more than the slaves.” Identify and discuss the parts of the
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LEDs… Release only ONE color of light Produce very little heat What is an LED? They are semiconductor devices that can convert electrical energy directly into light due to the nature of the bonding that occurs in the semiconductor solid. Type of bonding is directly related to conductivity of solid. Bonding in Elemental Solids Electronegativity – the ability of an atom to attract electrons to itself. Atoms with low e.n. (metals) don’t hold valence electrons tightly valence
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1. As an option writer‚ what is the best option to take when you forecast the market to be bullish? Sketch the profit/loss diagram and determine the in the money‚ out of the money and at the money. 2. The call option of Diamond Bhd stock has a striking price of RM30 and a cost of option RM2 per share with one month expiration date. The current market price of share is RM26. If you buy 3 lots (1 lots = 100 shares) of shares‚ calculate the profits or losses at the expiration date for each of the
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Marketing Research tut questions (answers) Chapter 1 RQ3 Explain the specific differences that exist between data‚ data structures and information. Discuss how marketing research practices are used to transform data into meaningful bits of information. Data represents the actual first-hand responses that are obtained about an object or a subject of investigation by asking questions or observing actions (e.g. words numbers). Data structures represent the results of combining individual responses
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This tutorial was made to help step you through the process of making a Na’vi from the AVATAR movie. Creating posters with Photoshop can be a lot of fun and there are unlimited opportunities. Anyone who knows me knows that I love movies. I recently was overcome with inspiration when I saw the new James Cameron’s Avatar Movie Posters‚ they are pretty sick. In this tutorial I will show you guys some simple but efficient techniques that will help you make your own Avatar movie poster from a portrait
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EXERCISE THREE Case Study – Market Potential Question 1: The country‚ Federal Republic of Armorika‚ is participating in today’s interlinked global economy as they are importing and exporting‚ where the exporting ($US 469.4 billion) is at a larger volume then importing ($US 400.3 billion). This is an advantage to the international business market as Armorika’s exports are exceeding imports meaning that their net exports figure is positive. Armorika not only has a steady inflow of funds in
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1. When interpreting legislation‚ the Courts use several approaches to aid their interpretation. Describe how the literal‚ golden and mischief rules of interpretation operate. 2. The skills to Interpreting legislation are crucial to legal problem solving. In order give the correct advice‚ you must first identify the issues‚ articulate an argument‚ reach a conclusion and give reasons for such a conclusion. You may wish to consider both sides of the argument‚ but do not waste effort formulating
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