Identify two cost oriented approach and provide hypothetical examples for each? Cost oriented approach is when a company sets a price of a product that covers marketing and production cost. An example would be an apples iphone. It cost about $200 to make and they sell a brand new one without an contract for $800. So I am guessing the rest of the money is used to cover production‚ marketing and make a profit. Also Dr. Dre beats are made in china and are priced at $300 but cost $80 to make. So same
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society in their six by nine cells‚ awaiting a gurney to take them on their final trip. The debate over capital punishment has long been discussed‚ with the only alternative being life imprisonment. According to TheSentecingProject.org‚ there are 159‚000 inmates serving life sentences without the chance of parole. Is there an alternative way for these inmates to repay a portion of their debt back to society‚ instead of continuing to add to it? There is something more productive that can be done with
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Alternatives to Gasoline in Vehicles One of the most pressing issues in today’s society both climatically and economically is the use of gasoline and fossil fuels in our vehicles. Ever since the creation of the automobile in the early 1900s gasoline has become a commodity that helps the global economy tremendously. However‚ after over one hundred years of the use the resource has come to be scarcer‚ and all of the greenhouse gases and pollution that were released have helped set in motion the
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Complementary and Alternative Medicines Complementary and alternative medicines (CAM) are medicines that are not considered conventional medicine. Conventional Medicine is also known as Western Medicine and is often practice by medical professional like medical doctors‚ nurses and therapist. The boundaries between CAM and conventional medicine are not fixed‚ and because CAM has recently become more accepted‚ the treatment combination of CAM and conventional medicine increased and the boundaries
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sources. For instance‚ cars have to use much fossil fuel energy. Coal and natural gas also have been used too much to heat homes and businesses even during the winter (Adapted from Rosenthal‚ E. ‚ 2010‚ December 11). As this information‚ ‘finding alternative energy sources is one of the major projects of this century in all countries because the world is running out of the natural resources’ (Edited extracts from authentic student material). ‘Humans have used much of earth’s resources‚ and the resulting
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The history of Alternative fuels‚ or at least the concept of it‚ has been around since the early days of the automobile. Alternative fuels such as biodiesel‚ ethanol and methanol‚ have been produced and used on a small scale for decades. They are now being rediscovered due to the rising cost of oil and the instability of world politics. The discovery of these fuels changed the face of the planet‚ but since day one people have looked for other fuels that improved over the course of history. Alternative
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Alternative energy resources What are Alternative energy resources?? It is any energy source that is an alternative to fossil fuel. It is a form of energy derived from a natural source‚ such as the sun‚ wind‚ tides‚ or waves and are also known as “Renewable Energy” that do not use up natural resources or harm the environment. They are considered alternatives because they can be future replacements for the fossil fuels that now meet a considerable portion of our energy needs. What Energy Resources
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Managerial Economics Unit 10 Unit 10 Pricing under Imperfect Competition Structure: 10.1 Introduction Case Let Objectives 10.2 Monopoly 10.3 Price Discrimination under Monopoly 10.4 Bilateral Monopoly 10.5 Monopolistic Competition 10.6 Oligopoly 10.7 Collusive Oligopoly and Price Leadership 10.8 Duopoly 10.9 Industry Analysis 10.10 Summary 10.11 Glossary 10.12 Terminal Questions 10.13 Answers 10.14 Case Study Reference/E-Reference 10.1 Introduction In the previous
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Bill Kozel Ms. Livingston English Comp 2 18 September 2012 Alternative Fuels in America On a national average the world uses 87.8 million barrels of crude oil on a daily basis. In 2000 it was estimated that the US alone consumed nearly 20 million barrels of oil a day‚ which is about 5% more than similar nations (Friedman 195). Oil consumption is only going to increase until it peaks‚ then it will steadily decrease as oil supply goes down. It is predicted that oil consumption will peak by the year
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AN ALTERNATIVE ENERGY SOURCE Technology in this day become more advanced. The advancement of technology has improved the quality of our life. The invantion of electricity made people found new era. Electricity is a source of energy. There are various function of electricity such as lightening‚ to light up the world‚ connecting us from distance‚ spreading out news‚ entertaining‚ and for medical purpose. Electricity is produced by a battery or a wires or by dinamo machine. But there are some alternative
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