1. Explain economics? Economics is the study of how society allocates scarce resources and goods. Resources are the inputs that society uses to produce output‚ called goods. Resources include inputs such as labor‚ capital‚ and land. Goods include products such as food‚ clothing‚ and housing as well as services such as those provided by barbers‚ doctors‚ and police officers. These resources and goods maybe be considered scarce because of society’s tendency to demand more resources and goods than
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4.3 DATA FLOW DIAGRAM A data flow diagram is a graphical technique that depicts information flow and transforms that are applied as data move from input to output. The DFD is also known as Data Flow Graph or Bubble Chart. The DFD is used to represent increasing information flow and functional details. Also DFD can be stated as the starting point of the design phase that functionally decomposes the requirements specifications down to the lowest level of detail. A Level 0 also called a fundamental
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paleomagnetism‚ and seismic earthquakes. However‚ not all of the evidence supporting plate tectonics comes from volcanic and seismic events; other evidence includes continental fit‚ geological evidence‚ biological evidence‚ climatological evidence and other activity at destructive plate margins. At a hotspot‚ the underlying mantle is hotter than average causing ‘mantle plumes’ to rise to the bottom of the lithosphere‚ find a thin or weak part of the lithosphere‚ and breaks through. In the case of the Hawaiian
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Chapter 1: ECONOMIC INTERDEPENDENCE.- “ When the U.S sneezes‚ the economies of other nations catch a cold” GLOBALIZATION . Is the process of greater interdependence among countries and their citizens. Agglomeration Economies.- are a powerful force that help explain the advantages of the "clustering effect" of many activities ranging from retailing to transport terminals. (Urbanization‚ Industrialization‚ Localization economies) FOREIGN OUTSOURCING.- Certain aspects of a product’s manufacture
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MGMT 524 Activity 9.2 Capstone Case Study Henry Clements Car Rental Agency Henry Clements is a friend of yours who has a car rental agency in a major metropolitan area. Although his is an independent company‚ Henry works closely with three other independent companies in the metro area. They share information and each week they forecast the number of cars each will need the following week. Then‚ if needed‚ they will transfer cars between locations on Sunday when none of the agencies are open
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5 Design Decision Styles. What’s Yours? By Jared M. Spool Originally published: Jan 21‚ 2009 In the early days of e-commerce‚ we studied how seasoned hiking customers bought hiking boots online. Two sites in our study‚ L.L. Bean and REI‚ both sold virtually identical boots at the same price with practically the same marketing copy. Yet the customers we studied were far more likely to buy the boots on the REI site than on the L.L. Bean site. Why? Because the product pictures on the REI site showed
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SPHERE TEST: REVISIT WIND TUNNEL TURBULENCE ABSTRACT One of the most widely used methodologies in characterising the quality of a wind tunnel is to study the flow over a sphere.The flow around the bluff body was characterised using smoke test‚ and the region of flow separation was analysed. The drag characteristics of 3 spheres of different diameters were studied for a wide range of Reynolds number. The Reynolds number at which the transition occurs is strongly dependent on the degree of turbulence
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In which‚ he expressed his sentiments on important subjects respecting the political “tranquility of the United States” and their “mutual felicitation” or happiness . Dreisbach continued that the Circular‚ reveals much of Washington’s mind for what remained needed for Americans of 1783‚ “to establish or [to] ruin their national character forever”‚ concluding‚ on the role of religion in establishing that character. The character‚ which Adams previously
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spread all over Turkey. There is also a customer service department at the headquarters employing 4 technical auditors responsible for the 32 service stations. These 4 technical auditors visit the 32 service stations periodically and conduct auditing activities for both technical services and warranty parts. Technical auditors control warranty parts randomly and they evaluate whether the specified warranty procedure is implemented in a correct manner or not‚ they also control technical equipment used in
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Pages 474- Activity No. 2 Thesis: In all aspects of the areas of social and solitary happiness the goal is to sort out happiness. Being self sufficient should never to be confused with a friendless atmosphere‚ and social will require an audience for accomplishing something good. There are two exclusions to achieving happiness through solitary commitment and social dedication. The boundaries of both should be kept in moderation mode. Happiness is obtained‚ through deep thought‚ and hard work
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