In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
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Introduction to the company Apple Inc. (Apple)‚ is a multinational corporation that creates consumer electronics‚ personal computers‚ computer software‚ and commercial servers‚ and is a digital distributor of media content. Founders Steve Jobs and Steve Wozniak effectively created Apple Computer on 1st April‚ 1976‚ with the release of the Apple I‚ and incorporated the company on 3rd January‚ 1977 in Cupertino‚ California. Apple Inc. designs‚ manufactures‚ and markets mobile communication gadgets
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Strength of Association In research‚ several principles have been shown to affect the strength of association between stimuli. Based on your own experiences in learning‚ provide an example of each of the following principles of association: contiguity‚ frequency‚ and intensity. Select one of your examples. Describe how a different principle of association might explain this example. Contiguity- Association by contiguity refers to the belief that our ideas‚ memories and experiences are link
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into these objectives‚ especially ones that steer the process towards multi-year support programs. To measure the board involvement and recruitment‚ it is important that the reputation of the new board member is blameless and since operating in Boston‚ a local person with strong ties to the community would be better. To measure involvement the easiest way is to look the member’s activity‚ how many times they’ve been in meetings and how they’ve acted to build strategy. For example number of new
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on The Scene at a Hospital by Anjana Mazumdar My friend has been lying ill in the Civil Hospital for some time past. I learnt about his illness only a few days back and‚ therefore‚ I decided to go and look him up. When I reached the hospital I found it a huge building consisting of several wings with a clock in the middle. The whole approach to the hospital was full of people waiting to be examined or waiting to see their relatives. When I entered the hospital through a big hall
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into most of these attributes. Being an extravert‚ some of my strengths are being able to initiate conversation and activities easily‚ not being hesitant to interact with people and make new friends‚ not being afraid to voice my opinion and what is on my mind‚ and working well with groups. All of these are ways in which I distribute the positive energy that I have‚ which is another strength of being an extravert. Along with the strengths of being an extravert there are weaknesses. Extraverts enjoy
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Part 2 Consider the underlying message of your prominent personality’s attributes that will help you in your long term career development. The most potential underlying message of Jack Ma having the graduate attribute of leadership is that leader lead his or her team effectively and efficiently and is able to involve themselves with the team and to carry out tasks together with the team in the process in order to achieve the common goal‚ while “boss” gives orders‚ commands and oftentimes
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Causes of Student Weakness in English A foreign language can be quiet difficult to master especially for learners who are living in their mother country. However‚ students are expected to have a certain knowledge in English language so as to be able to continue their studies and communicate easily in their personal and professional life. Unfortunately‚ most of today’s students don’t seem to reach the level required due to some reasons that I intend to discuss in this paper. One of the most
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Restview Hospital Case Study Analysis #2 Restview Hospital Even though Mary coordinated corresponding product demonstrations from the different vendors‚ and she was planning to include the board members in the product evaluations‚ Jack insisted that the board members were too busy to attend. When the demonstrations were being performed‚ Jack displayed very little interest in the products. Mary offered to present her findings and recommendations to the members of the board‚ but Jack insisted
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With tensions between the colonial townspeople and the higher class British soldiers sparking conflicts‚ the Boston Massacre was sure to happen at one point. As the most famous story goes‚ colonists threw snowballs at the soldiers‚ called them nasty names‚ and dared them to fire their bayonets. The Redcoats responded as so by readying their weapons and shooting bullets into the crowd. Five people were killed in this incident‚ including Crispus Attucks (the only African American that was killed.)
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