MACRO ECONOMICS Classical Dichotomy The classical dichotomy is rooted in the understanding that in the long run‚ real output is determined by “real” inputs such as labour‚ capital‚ natural resources and TFP‚ but not money. This means that changes in the money supply determine changes in the price level over time‚ but not real output. However‚ it is important to remember that the classical dichotomy applies only in the long run. Almost all economists would agree that money and price can have very
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FUNCTION | DESCRIPTION | DAVERAGE | Returns the average of selected database entries | DCOUNT | Counts the cells that contain numbers in a database | DCOUNTA | Counts nonblank cells in a database | DGET | Extracts from a database a single record that matches the specified criteria | DMAX | Returns the maximum value from selected database entries | DMIN | Returns the minimum value from selected database entries | DPRODUCT | Multiplies the values in a particular field of records that
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Micro January 14‚ 2015 1. The purpose of antitrust policy is to promote __competition among firms_____‚ which leads to lower __price for customers______. Explain why this is so? The purpose of antitrust policy is to promote competition‚ which leads to lower prices. If a company had the power of price control that comes with being a monopoly‚ they would profit by picking the quantity/price that equals the highest revenue for their company. This would be likely a lower quantity and higher price
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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The Macro-environment The macro-environment includes concepts such as demography‚ economy‚ natural forces‚ technology‚ politics‚ and culture. Demography refers to studying human populations in terms of size‚ density‚ location‚ age‚ gender‚ race‚ and occupation. This helps to divide the population into market segments which can be beneficial to a marketer in deciding how to tailor their marketing plan to attract that demographic. The economic environment refers to the purchasing power of
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Lesson 3 Commercial viability Adapted from http://businesscasestudies.co.uk Creating value through the marketing mix An Aldi case study Introduction In increasingly competitive markets‚ consumers have a greater choice over where they buy their goods and services. For an organization to meet its business objectives‚ it has to find out what consumers require and then identify the best way in which it can satisfy these needs and wants. Creating a competitive advantage can be difficult. A unique marketing
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Micro analysis: • Film: Blade • Year: 1998 • Director: Stephen Norrington In this micro analysis I will be analysing the film Blade which was produced in 1998 and directed by Stephen Norrington. The micro elements I am going to focus on are Mise-en-scene and cinematography. I will be analysing everything in the scene including props‚ costumes‚ facial expressions‚ gestures‚ setting‚ codes-framing to determine how it creates meaning. In cinematography I will focus on the camera
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Macro & Micro Marketing Planning & Strategies by Leigh Richards‚ Demand Media Marketing strategy must be considered at the micro and macro levels. Related Articles Five Marketing Strategies for the Small Business What Is Marketing Strategy Planning? Examples of Strategy in Marketing Planning Relationship Between Strategic Planning & Marketing Strategies Hospitality Marketing & Communication Marketing Strategy & Structure Effective marketing incorporates macro and micro-marketing strategies
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2.2 Definition of a Microcontroller Microcontroller‚ as the name suggests‚ are small controllers. They are like single chip computersthat are often embedded into other systems to function as processing/controlling unit. For example‚ the remote control you are using probably has microcontrollers inside that do decodingand other controlling functions. They are also used in automobiles‚ washing machines‚microwave ovens‚ toys ... etc‚ where automation is needed.The key features of microcontrollers include:
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Bibliography: Drolet‚ Julie. "Women‚ Micro Credit And Empowerment In Cairo‚ Egypt." International Social Work 54.5 (2011): 629-645. Academic Search Premier. Web. 4 Dec. 2012. Toma‚ Micheal. “Induced Structural Adjustment Programs and Women in Ecuador” Armstrong Atlantic State University 99
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