between metazoans using their synapomorphies (pg. 697 in book) ● Know the hypotheses that potentially explain metazoan origins ● Know the hypotheses regarding the origins of bilaterians Study Questions: 1. What is the significance of bilateral symmetry? Bilateral symmetry triggered cephalization: the evolution of a head region where structures for feeding and sensing are concentrated. Locating and capturing food is particularly efficient when movement is directed by a dinstinctive head region.
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LINKÖPING UNIVERSITY Department of Management and Economics Linköping‚ May 2004 Leng Xue MSc in International and European Relations Master Thesis Supervisor: Dr. Ronnie Hjorth China-EU Trade Relations --The period after 1975 Logo source: European Patent Office. http://www.european-patent-office.org/intcop/ipr_china/ Datum Date 2004-05-21 Avdelning‚ Institution Division‚ Department Ekonomiska institutionen 581 83 LINKÖPING Språk Language Svenska/Swedish X Engelska/English Rapporttyp Report
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one of the original Four Asian Tigers; advanced infrastructure - among other things‚ the Port of Singapore is one of the five largest and busiest ports in the world; trade policy factor - Singapore’s extensive network covers 18 regional and bilateral Free Trade Agreements (FTAs) with 24 trading partners. Singapore’s trade is diversified across partners: in 2010‚ 15 major partners
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Conclusion 8 7. Reference list 9 1. Introduction In economics the law of demand and supply states that markets will always clear at equilibrium price‚ this is where the demand curve and supply curve intersect. However this law‚ especially in monopolies‚ can be deeply inefficient in a sense that too much or too little of a certain product a produced or pricing is too high that it prices people who need these products out of the market. Therefore governments through legislation‚ subsidies‚ taxes
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1. Introduction In 2004 Europe’s largest airline group was formed after the European Commission had approved a merger between French Air France and Dutch KLM. A merger of this dimension certainly has major influences on the economy. This paper will give an insight on the incidents of this instance‚ the economic consequences and it will deal with the question whether the European Commission’s decision was reasonable. First of all the two firms will be introduced and an overview about the merger will
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INTRODUCTION In the past year‚ one has not been able to open a financial newspaper without consistently seeing stories about the unfolding European debt crisis‚ which has become the headline story in the global economy. The reason for this is that as the state of affairs develops‚ there are implications for nearly every country in this new era of globalization. And the effects are felt no more than in the countries just outside of the fiscal euro-zone‚ which are the most heavily exposed to the financially
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demand falls from 20 million to 14 million‚ so its PED= (14 million-20 million)/20 million / (($2.3-$2)/$2 = 30% / 15% = 2. It’s a quite big value of PED‚ so this is elastic. In order to show the degree of elasticity‚ we use graphs. There are generally 5 types of graphs‚ and through them we can see the product’s PED‚ and company can make decisions in different situations. Type 1: Elastic demand (Please ignore the numbers on it.) This
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which seeks to enter an industry but is not borne by firms already in the industry”. Therefore‚ these invisible shields protect incumbent firms and reduce competition within the market‚ which can often lead to market power and the existence of a monopoly. Barriers to entry are one of the key aspects in Porter’s five forces analysis‚ which is a framework for industry analysis and business strategy development based on the competitive intensity and therefore attractiveness of a market. Different barriers
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huge. All ultimate consumers of electricity are largely served by their respective State Electricity Boards or their successor entities‚ Power Departments‚ private licensees etc. and their relationship is primarily that of captive customers versus monopoly suppliers. In India‚ the generators of electricity like Central Generating Stations (CGSs)‚ Independent Power Producers (IPPs) and State Electricity Boards (SEBs) have all their capacities tied up. Each SEB has an allocated share in central sector/
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Profit = TR – TC → Profit = 90Q – 2Q^2 – (100 + 2Q^2) Profit = -100 + 90Q – 4Q^2 Marginal Profit = 90 – 8Q → MP = 0 90 – 8Q = 0 → 8Q = 90 → Monopoly Quantity = 11.25 Substitute Q = 11.25 into P = 90 – 2Q to determine Monopoly Price P = 90 – (2 * 11.25) → P = $67.50 Substitute Q = 11.25 into Profit = -100 + 90Q – 4Q^2 to determine Monopoly Profit Profit = -100 + (90 * 11.25) – (4 * (11.25)^2) → Profit = $406.25 (B) Price = Marginal Cost in a competitive industry‚ therefore‚ set P = MC to
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