UNIT 4 INDIVIDUAL PROJECT ECON220-1205B-05 : Microeconomics by Kendra M Hutchins AIU Online Abstract This paper will discuss the concerns of correcting the effects of gases and particulates emitted by a local power plant and how the market activities have unintended positive or negative effects outside the market’s scope. These effects are referred to as externalities and therefore‚ will examine the cost and benefits of each action. Externalities In the business world‚ things will
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Gear O ’Brien‚ Civilization in the West‚ (2012)‚ Pearson Education‚ Sixth Edition. retrieved from http://wps.ablongman.com/long_kishlansky_cw_6/35/9175/2349030.cw/index.html Sayre‚ H.M. (2012). Discovering The Humanities (2nd ed.). Retrieved from AIU eBook Collection. August 25‚ 2012
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Microeconomics WA3 1. At its current level of production‚ a profit-maximizing firm in a competitive market receives $12.50 for each unit it produces and faces an average total cost of $10. At the market price of $12.50 per unit‚ the firm’s marginal cost curve crosses the marginal revenue curve at an output level of 1000 units. What is the firm’s current profit? What is likely to occur in this market‚ and why? Total rev | 12500 | Total costs | 10000 | TC=ATC(Q) = 10 ( 1000) = 10000 Profit=TR-TC
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MEMO To: From: Date: Sept 9‚ 2012 Re: Intro to Law (Cr Js. 205) Unit 3 IP Message: This Memo is a recap of the meeting between our client Mr. G. Ilty Assin‚ and Mr. Cheatham Esq. Attorney at Law. The elements of murder including what is required to convict someone of attempt to commit murder. The elements of common law murder are: Unlawful killing of a human by another human with malice a premeditated thought of another human being‚ it
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UNIT 2 INDIVIDUAL PROJECT HUMA215 by Kendra M Hutchins AIU Online Abstract Before our modern day ‚ Latin was spoken among the most educated. Written literature was in Latin. The origins of language is an important aspect of our culture. We write and speak to get points across. The President of the United States makes his arguments to the Senate and other countries by using English. If we were in the period of time‚ everything important would be in Latin. The journey of language was not
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American Intercontinental University Art Appreciation Willie J. Gilyard The first piece of ancient art I have chosen is the pectoral amulet depicting the ancient god Anubis. This is the ancient Egyptian god of embalming this piece features two jackals facing each other. Behind each jackal there are hieroglyphics that quote “Anubis who is embalmer‚" and "Anubis who is before the god’s place of embalming." This art is two-dimensional because it is on a flat surface although it is something
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Discovery the Humanities Thomas Thomson AIU Online Common Characteristics of Romantic or Courtly Love Poems Write your response to this element here. My response for this question is that the characteristics are almost the same in there meanings. With romantic and courtly love they can be expressed the same way by thru song or poems by both woman and men. The feelings and thoughts and emotions can be expressed and felt the same way by both parties. The big difference in them is that men are
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Unit 1 Assignment Chapter 4 1. What is a competitive market? Briefly describe a type of market that is not perfectly competitive A competitive market is a market with many buyers and sellers trading identical products so that each buyer and seller is a price taker (Mankiw‚ p.66). Local energy provider is not a perfect market but a monopoly because there in only one provider. 2. What are the demand schedule and the demand curve‚ and how are they related? Why does the demand curve
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MEMO To: the Firm’s Lawyers From: Date: August 29‚ 2012 Subject: Intro to Criminal Law/ Unit 2 /Ind. Project Professor: RE: A client that was a victim of sexual assault and did not report this incident to the police. The author of this memo has conducted some research into this crime and the following memo is in response to the clients questions that pertain crime classification. Can the victim of a rape sue the offender? If so‚ what are
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satisfaction the consumer derives from consumption of goods and services" (p. 270) 39) What is the Law of Diminishing Marginal Utility? "According to the principle of diminishing marginal utility‚ each successive unit of a good or service consumed adds less to total utility than the previous unit." (p.272) In other words the more one consumes the more they will be satisfied until they reach a point where consuming add nothing to their satisfaction. 40) What is optimal consumption combination? A
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