First Midterm Study Dr. Reza Fazeli Econ.20A 1. The phenomenon of scarcity stems from the fact that a. most economies’ production methods are not very good. b. in most economies‚ wealthy people consume disproportionate quantities of goods and services. c. governments restrict production of too many goods and services. d. resources are limited. 2. Approximately what percentage of the world’s economies experience scarcity? a. 10% b. 40% c. 85% d. 100% 3. The adage‚ "There is no such thing
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Methodology 1. Arrange the 6 beakers (100 mL) by set their proper set up. Set up A should have three beakers and mark each one as hot‚ cold‚ and mild. Set up B should have the remaining number of beakers and mark each one as hot‚ cold‚ and mild. 2. Boil water for 10 minutes. While waiting for the water to boil pour 50-mL of tap water to Set up A- mild and cold and Set up B- mild and cold. After the water boils slowly pour the hot water to Set up A- hot and Set up B- hot. Drop the ice at Set up
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Regulations and Legislations at Huntingdon Life Sciences Following accidents and allegations‚ it has been said that health and safety are not being taken serious in Britain’s Scientific Workplaces‚ there are many organisations that keep a check on laboratories to make sure that they are continuing to maintain the standards that are required for that particular scientific area and that all the staff members who work there are not being put at risk. The aims of these regulations are to ensure safe
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Interpret the contents of a trading profit and loss account and balance sheet for a selected company. Wansbeck Motors Ltd is a limited company‚ there for have to submit their income statement and balance sheet to HM Revenue and Customs every year‚ for larger businesses this could be more often. The Income Statement (Trading Profit And Loss Account) I would also point out the fact that the “trading profit and loss account” is now called an income statement. The income statement was constructed
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Introduction: In this task I will analyse the reasons why costs need to be controlled to budget. Budget: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a plan of action for achieving quantified objectives‚ standard for measuring performance‚ and device for coping with foreseeable adverse situations. Variable costs: Variable costs include
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Ethical principles There are four key principles in health and social settings‚ where the individual is at the heart of the health and social care provision. The four key principles are: Justice: people must be treated fairly no matter what their background. Autonomy: a person’s choices must be respected. Beneficence: this involves risks and costs; the health or care professional should act in a way that benefits the patient. Non-maleficence: any harm caused by a treatment or
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“Do you agree with the view suggested in source 5 that the main factor preventing the press from publishing ‘bad news’ during the Boer war was censorship by the military authorities?” Bad news during the Boer war was events such as the mass death which occurred in the concentration camps. Source 5 says that “some journalists tried to report bad news as well as good‚ but in the face of military cenecorship‚ they did not persist”. I do agree with the view suggested by Source 5 because the Boer war
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Share your thoughts on sustainability. How important is it for sustainable business practices to take hold in order for a business to succeed in today’s business environment? For example‚ does a green company impact your choice when purchasing products? Sustainability to me in the business world means that an organization operates environmentally responsible and safe. The different methods utilized and products produced must have no harmful effects on the environment due to their existence. It
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Three software utilities that can improve performance on a computer system Having security based software‚ clean-up based software‚ and drive formatting can dramatically change how well you computer performs. Security based utilities such firewalls are highly important as your computer is at risk all the time. The main risks to your computer are from virus‚ Trojans‚ worms‚ cookies‚ spyware and many more. These can be sent though free software downloads emails‚ internet websites‚ bad cookies
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When applying for a job‚ it is necessary that a person has employability‚ personal and communication skills‚ in order to obtain the job. Employability skills are general skills that are needed to get most jobs‚ but they also represent the skills that would help a person keep the job and improve their position. For example‚ an employer would look at skills like experience in similar role; knowledge of products/services; experience of specific industry; effectiveness in meeting personal and team/departmental
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