goods and services (Perloff‚ 2007). Microeconomics focuses on the patterns of supply and demand and the determination of price and also output in individual markets. These decisions are also influenced by government. It is the smaller or micro picture of economics at the individual‚ household and company level. Macroeconomics is the bigger picture of economics. It studies the aggregate or combined impact of certain consequences such as inflation‚ unemployment and economic
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three of his friends — Sumeet Arora‚ Rahul Sharma and Vikas Jain — joined him as equal partners in the company. Agarwal‚ the eldest of the four‚ keeps a handle on the company’s finances. The quieter Arora‚ a “class topper”‚ is the company’s chief technology officer. Jain manages Micromax’s alliances and partnerships with other companies. And the tall and fashionable Sharma is
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assignment ECO 101: Introduction to Micro-economics Section 7 Spring 2013 North South University Assignment 1 Full marks: 115 Time of Submission ( 24th February‚ 2013‚ deadline ends at 2:40 pm) Person to be submitted to :ME Answer all the questions. The parenthesis carries the credit for each question 1. The crucial problem of economics is: (explain by choosing an option) (5) (a) Establishing a fair tax system. (b) Providing social goods and services. (c) Developing a price mechanism
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Twelfth Congress Second Regular Session REPUBLIC ACT NO. 9178 AN ACT TO PROMOTE THE ESTABLISHMENT OF BARANGAY MICRO BUSINESS ENTERPRISES (BMBEs)‚ PROVIDING INCENTIVES AND BENEFITS THEREFOR‚ AND FOR OTHER PURPOSES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: PRELIMINARY PROVISIONS SEC. 1. Short Title. – This Act shall be known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002”. SEC. 2. Declaration of Policy. - It is hereby declared to be
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The Production Possibilities Frontier 1. Definition of production possibilities frontier: a graph that shows the combinations of output that the economy can possibly produce given the available factors of production and the available production technology. 2. Example: an economy that produces two goods‚
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There are mainly following types of pollutions: 1. Air Pollution 2. Water Pollution 3. Chemical Pollution 4. Land Ozone-sphere Pollution 5. Land and Soil Pollution 6. Food Contaminants 7. Noise Pollution 8. Modern Pollutions 1. Air Pollution: The major component of the biosphere is air without which no life can survive (except some lower forms of Bacteria). Without air of good quality there cannot be a healthy life. Yet clean air is a rare commodity today. Air pollution is as old as
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1.1.3 Importance of the topic from macro and micro perspective Regulatory requirements will affect profits via their impact on capital‚ funding and hedging costs‚ as well as the direct costs of compliance. It follows that market-makers will set their bid and ask prices based on their expectations of the cost and risk of holding assets in inventory. Spreads will tend to be narrow if market-makers believe they can execute trades quickly and cheaply‚ or if funding and hedging costs are low. Thus‚ a
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Home - Techucation - What Is Technology – Meaning of Technology and Its Use What Is Technology – Meaning of Technology and Its Use Posted by: Karehka Ramey in Techucation December 12‚ 2013 0 1. 1. DEFINITION: What Is Technology? Technology is a body of knowledge devoted to creating tools‚ processing actions and extracting of materials. The term ‘Technology” is wide and everyone has their own way of understanding the meaning of technology. We use technology to accomplish various tasks in
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I had the pleasure of doing my micro-field experience in a pre-kindergarten classroom at a head start program in Brooklyn. The classroom consists of 17 students‚ eleven of whom are boys and the other six are girls. The class is quite diverse with regards to individual needs‚ abilities‚ and learning styles. There are nine students who have an IEP for different learning needs. Six of the nine students with an IEP also receive speech and language services. The activities and materials in the classroom
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http://en.wikipedia.org/wiki/Technology https://wiki.uiowa.edu/display/edtech/Advantages+and+Disadvantages+of+Technology http://www.studymode.com/essays/Advantages-And-Disadvantages-Of-Modern-Technology-99813.html https://wiki.uiowa.edu/pages/viewpage.action?pageId=42008699 http://smallbusiness.chron.com/advantages-disadvantages-technology-advances-12579.html http://www.useoftechnology.com/modern-technology-advantages-disadvantages/ 10 ADVANTAGES OF MODERN TECHNOLOGY: Easy Access to information:
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