SOCQUIZ2 In the statement "poverty causes crime‚" the words "poverty" and "crime" are best described as ________ because they are subject to change. variables Mechanical solidarity is to Gemeinschaft as ________ solidarity is to Gesellschaft. organic The notion that the mass media represents the varied interests of many groups would reflect a position consistent with ________ theory. functionalist Matthew is completing his master’s thesis which addresses the culture of outlaw motorcycle
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Answer 1 3 5 10 Correct Feedback correct Incorrect Feedback incorrect Add Question Here Multiple Choice Question In economics‚ an organization that employs resources to produce goods and services for profit and operates one or more plants is called a(n): Answer industry. shop. conglomerate. firm. Correct Feedback correct Incorrect Feedback incorrect
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Quiz #2: Chapters 5-6 Fill in the blanks. (5 points each) PART I A. Asthenosphere D. Ocean ridge system B. Lithosphere E. Alfred Wegener C. Pangaea 1. A single supercontinent consisting of all Earth’s landmass that began to break up about 200 million years ago was called C. 2. In 1915‚ a German meteorologist and geophysicist named E wrote The Origin of Continents and Oceans and set forth a basic outline
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five years. In Asia Pacific & Latin America‚ branded shoes will grow 9-11% in the first five years and 7-9% the last five years. Private label is expected to grow 10% universally in the first five years and 8.5% during the next four years vary up to 2% due to competition levels. Your company can produce 6 million pairs of shoes during normal time and an additional 1.2 million if overtime is used. Shoes shipped from factories to distribution centers are subject to tariffs (according to region) and
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HW # 2- Quiz Chapter 2 1.Corporate Financing. How can a small‚ private firm finance its capital investments. Give two or three examples of financing sources. A small‚ private firm can finance its capital investments in financial markets and intermediaries. The intermediaries include hedge funds‚ mutual funds‚ pension funds‚ and financial institutions such as banks and insurance companies. 2.Corporate Financing. Is it possible for an individual to save and invest in a corporations without lending
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Business Economics 2012 Table of Contents Q1) Explain (using example) the law of diminishing marginal productivity (DMP). Also‚ explain the difference between the law of DMP and law of returns to scale............................................................. 3 Q2) Explain how profit maximizing output is determined in a .............................................................. 9 a) Perfect competitive market ........................................................................
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Law of Supply Supply Schedule Supply Curve Market Supply Inputs Equilibrium Equilibrium Price Equilibrium Quantity Law of Supply and Demand Shortage Surplus REVIEW QUESTIONS (1) Name 5 things that shift demand. 1. 2. 3. 4. 5. (2) Name 5 things that shift supply. 1. 2. 3. 4. 5. (3) Why does the demand curve slope downward? (4) Why does the supply curve slope upward? (5) Describe whether the demand increase or decrease for words in italics. a. The price of oranges increases. b.
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Table of Contents 1. INTRODUCTION 2. MAIN BODY 2.1 THE NATURE OF RESOURCE COST STRUCTURE AND THE PRACTICAL SIGNIFICANCE OF DIFFERENT COSTS 2.2 THE FACTORS INFLUENCING OPTIMUM SIZE AND THE SIGNIFICANCE OF DEMAND AND SUPPLY RELATIONSHIPS 2.3 UNDERSTANDING OF THE RELEVANCE AND LIMITATIONS OF ECONOMIC THEORY TO MANAGE DECISIONS 3. CONCLUSION 1. INTRODUCTION: From the economic perspective‚ there are a full range of wants from individuals‚ firms and government but there is only a
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each semester is 4.5 months long. Disregard the small differences in the timing of the disbursements or receipts. Solution 1. Recognize problem; (0.5) Jay Thompson is left with the fee he paid for the university dormitory‚ which is non-refundable • 2. Define the goal or objective; (0.5) Recover the paid deposit and minimize the lose 3. Assemble relevant data; (1) • Jay paid = 600 (for accommodation for a year) + 120 (1 month food) • Food cost for Jay 100/month if he stay in apartment • Food cost
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5.1 A credit card customer at Border’s can use Visa (V)‚ MasterCard (M)‚ or American Express (A). The merchandise may be books (B)‚ electronic media (E)‚ or other (O). (a) Enumerate the elementary events in the sample space describing a customer’s purchase. (b) Would each elementary event be equally likely? Explain A. S= ( V‚B)‚ (V‚E)‚ (V‚O)‚ (M‚B)‚ (M‚E)‚ (M‚O)‚ (A‚B)‚ (A‚E)‚ (A‚O) B. Events are not likely. The quantities are not the same. 5.13 Are these characteristics of a student at
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