ANSWER (PART A) QUESTION 2 a) Labor force is defined as people from the total population between the age of 16 & 64 who are not in institutions and who are either employed or unemployed but seeking work. Those who are not in labor force are either in institutions or are voluntarily unemployed. Unemployment is made up of people who are currently not working but are looking for a job. b) Structural unemployment The portion of unemployment that is due to changes in the structure of the economy that
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1. (Resource Demand) How do firms and individuals determine if it ’s worth it to (a) invest in capital improvements‚ (b) hire additional workers‚ or (c) decide where to work? Briefly explain. Answer – Firms and individuals determine if it’s worth it to invest in capital improvements when the marginal product of capital is more than the interest paid on each unit of capital. Similarly‚ when the marginal product of labor is more than the wage rate of each unit of labor‚ until then the firms and individuals
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INTRODUCTION Morrisons Plc annual report and financial statement (2011) stated that Morrisons is one of the fourth largest food retailers by sales with an annual turnover in excess of £16 billion and account for 12.8% in the grocery industry (See appendix 1). However‚ the UK supermarket industry is intense competition so it required more new and effective tools to compete with rivals (Urbonavičius and Ivanauskas‚ 2005). Hence‚ for retaining and developing‚ Morrisons is not only needed to have excellent
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POSITIONING The diagram above shows that LG’s positioning depends on three relationships which are: I) The relationship between LG and the customers. II) The relationship between the customers and LG’s competitors and III) The relationship between LG and competitors Both LG and its competitors try to convince customers on why (price‚ quality‚ fit for purpose‚ track record‚ novelty‚ etc) they should buy their respective products and not the other. This persuasions and the customers experience
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In the story “Recitatif” by Toni Morrison‚ she introduces two characters that have been through similar situation in their lifetime‚ although the author states certain events in the characters lives‚ Morrison does not notify the reader on what race Twyla and Roberta are. One has to use context clues in order to figure out the character’s race and class. At first‚ one started to make assumptions on the races of the characters when the author stated that Twyla and Roberta look like salt and pepper
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Secondary Social Studies for Pakistan Book 3 Teaching Guide Revised Edition Peter Moss Contents Introduction ...................................................................................................iv Section 1: GEOGRAPHY Chapter 1 The Universe ..............................................................................1 Chapter 2 The Earth ....................................................................................4 Chapter 3 Major climatic regions of the world ..
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ACS124: Modelling‚ analysis and control by J A Rossiter Tutorial sheet outline solutions TUTORIAL ANSWERS 1 Units in Modelling a) The lightest mass is 20 g. b) The shortest distance is 4.2 yards. c) The largest area is largest 8.7 ft2. d) The greatest volume is greatest 2 m3. e) The highest temperature is 300K. f) The smallest pressure is 7.8 bar. g) The smallest power is 5000 Btu/hr. Note: 1 slug = 37.17 lb‚ 1 Btu/s = 778 ft-lbf/s & 1 ft-lbf/s = 1.356 x 10-3 kW 1 Models can be
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Worked solutions to student book questions Chapter 2 Analysis by mass Q1. a b Why was the soup sample in Worked Example 2.1 heated to 110°C? Why was it necessary to weigh the sample four times? A1. a b The soup was heated above 100°C to evaporate water from the sample. By repeatedly heating the sample until the mass remained unchanged‚ the analyst could be sure that all the water had been removed. Q2. Some laboratories use microwave ovens in place of conventional ovens to
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Chapter 1 A Framework for Business Analysis and Valuation Using Financial Statements 3. Joe Smith argues that “learning how to do business analysis and valuation using financial statements is not very useful‚ unless you are interested in becoming a financial analyst.” Comment. Business analysis and valuation skills are useful not only for financial analysts but also for corporate managers and loan officers. Business analysis and valuation skills help corporate managers in several ways.
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Answers 1a) On graph paper 1b) At molecular level‚ Haemoglobin is a protein made of four subunits bound together. Each of the subunits consists of a molecular group known as ‘heme’ and a polypeptide attached to the ‘heme’. The ‘heme’ group contains one atom of iron (Fe²+) and it is this iron that the oxygen molecule combines itself to. As there are four of the iron molecules in the haemoglobin this shows that a maximum of four oxygen molecules can be carried by the haemoglobin at anytime. For simplicity
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