Problem set 3 (Answer) 7.6. A farmer uses three inputs to produce vegetables: land‚ capital‚ and labor. The production function for the farm exhibits diminishing marginal rate of technical substitution. a) In the short run the amount of land is fixed. Suppose the prices of capital and labor both increase by 5 percent. What happens to the cost-minimizing quantities of labor and capital for a given output level? Remember that there are three inputs‚ one of which is fixed. b) Suppose only the cost
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The factors that have been responsible for bank disintermediation In my opinion‚ there are three major arguments for the factors that have been responsible for bank disintermediation. First‚ pareto improvement (Vilfredo Pareto)‚ second‚ reputation acquisition in debt markets (Diamond‚ D.‚ 1989)‚ third‚ corporate finance theory (MM & Trade-off Theory). 1. Pareto Improvement (Vilfredo Pareto) According to Pareto efficient (Vilfredo Pareto)‚ if economic allocation in any system is not Pareto
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The monetary authority in most countries is called the Central Bank. A central bank does not deal directly with the public like commercial banks such as NCB; it is rather a bank for banks. In Jamaica the central banking function is carried out by the Bank of Jamaica (BOJ). This institution is located in the city of Kingston. The Bank of Jamaica plays a fundamental role in the Jamaican economy. According to the Bank of Jamaica website‚ this institution was established in recognition of the need
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KFC * 1. INTRODUCTION …… KFC is the world’s No.1 Chicken QSR. Leading in UK‚ Australia‚ South Africa‚ China‚USA‚ Malaysia and many more. Introduced many offerings for its growing customer base in India while staying rooted in the taste legacy of Colonel Harland Sander’s secret recipe. Products are made on the motto of“Crispy outside‚ juicy inside” . In India‚ KFC is growing rapidly and today has presence in 21 * 2. HISTORICALBACKGROUND…… In 1930’s Colonel Harland Sanders some distinguished
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Module V An overview of Working Capital Management – Inventory‚ Cash and Receivable management and Management of surplus – Working Capital Financing and Long term Financing‚ Current Liabilities Management – size and sources- Money Market – Banks – Regulation of Working Capital Finance in India. References 1. Van Horne James‚ Financial Management Policy‚ Prentice Hall India 2. I M Panday‚ Financial Management‚ Vikas Publications‚ New Delhi. 3. Prasanna Chandra‚ Financial Management
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National Integration Indian civilization has survived-through the ages despite temporary setbacks. Since the earliest times‚ Indian civilization has marched with common objectives of culture and society. In early days‚ great emperors like Ashoka unified the country and its civilization and knit ft round a common culture from one end of the country to the other. During and after the Hindu period and later by the spread of Buddhism in whole of Asia‚ Indian culture and civilization got a further
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MERGER OF THE BANK OF RAJASTHAN LIMITED WITH ICICI BANK The Bank of Rajasthan Limited (Bank of Rajasthan)‚ a banking company incorporated within the meaning of Companies Act‚ 1956 and licensed by Reserve Bank of India (RBI) under the Banking Regulation Act‚ 1949 was amalgamated with ICICI Bank Limited (ICICI Bank/the Bank) with effect from close of business on August 12‚ 2010
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UNIT 1 LEGACY OF NATIONAL MOVEMENT WITH REFERENCE TO DEVELOPMENT‚ RIGHTS AND PARTICIPATION Structure 1.1 Introduction 1.2 Foundation of the Indian National Congress 1.3 Gandhi’s Contribution 1.3.1 Gandhi’s “Substance of Swaraj” 1.4 1.5 1.6 1.7 1.8 1.9 1.10 The Karachi Resolution of the Congress The Idea of Socialism 1.5.1 The Idea of Planning The Nature of Gandhian Economics The Gandhian Social Philosophy The Consensus Summary Exercises 1.1 INTRODUCTION The developmental aspirations
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Bamgbade Babatunde .O Matric No - 120805039 Department - Computer Science CLASSIFICATION OF INSTRUCTION SET ARCHITETURE. This is the part of the processor that can be seen by the programmer. It is classified into 4 categories; 1) C.I.S.C - Complex Instruction Set Computing This is the designation of computers with a full set of computer instructions that can execute more than one low-level operation. Due to the discovery of R.I.S.C‚ C.I.S.C is considered “complex”
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the managers. The bank also has a differentiation strategy. This is evident in the following statement‚ “Managers determined that if the bank were to be true to its values‚ it would have to deliver service differently from both how it had in the past‚ and how other banks delivered service.” (P.573‚ Zeithaml‚ Bitner‚ Gremler). Their differentiation strategy is referred to in the text as ‘operationalized’ meaning they were looking to turn variables into measurable factors. Jyske Bank also had their core
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