the constraint that vL+rK=C. Note that maximizing a monotonically increasing function of a variable is equivalent to maximizing the variable itself. Therefore ln(Q)=(2/3)ln(L)+(1/3)ln(K)‚ a more convenient expression‚ is the same as maximizing Q. Therefore the objective function for the optimization problem is ln(Q)=(2/3)ln(L)+(1/3)ln(K). Step 1: Form the Langrangian function by subtracting from the objective function a multiple of the difference between the cost of the resources and the budget
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The Roles and Functions of Law LAW/421 September 9‚ 2012 The Roles and Functions of Law The longest serving Supreme Court Judge William O Douglas most popular quotations is “Common sense frequently makes great law” This quote is what laws are rules and regulations that make common sense is‚ and to enforced ethical decision. Laws help the public as well as keep many parts in community. In business and society laws serve several roles and functions‚ and this paper will discuss those roles and
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inauguration of annual sports events at touheed public school‚ shiruru – a report. By touheededucation Leave a Comment Categories: Uncategorized The inaugural function of the Annual Sports Events of Touheed Public School‚ Shiruru were held at the school grounds on Wednesday‚ 8th December 2010. The function was presided over by Mr. Abdul Hameed Sheikhji‚ (Treasurer‚ Touheed Educational trust‚ Ganguli). Ms. Dilshad Begum‚ President‚ Shiruru Panchayat was the Chief Guest. Ms. Zubeda‚ HM‚
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03. Functions of Management Paper Kristopher Watkins‚ Jovita Romo‚ Tatesha Thomas‚ Markea Walker-Brown Kathryn Shanosk‚ Michelle White‚ Tyrell Hall MGT/312 February 16‚ 2015 Armand Di Cianni Functions of Management Paper All organizations have a set of goals in place to achieve company success. Effective management allows the company to operate efficiently. The cycle of management functions include planning‚ organizing‚ leading‚ and controlling. As a leading global retailer of athletically
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What is an International Freight Forwarder? ... "Once upon a time‚ people thought of customs brokers and freight forwarders as simply agents somehow linked to the shipping industry. Now‚ at last‚ these go-betweens are being given their due as crucial middlemen in making life easier for importers and exporters. .... Simply put‚ the freight forwarder is the cargo expediter. As intermodal transportation becomes more complex‚ the job of freight forwarder becomes more essential and difficult.
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Management Function and Behavior Assignment – A Question 1. How can the field of OB contribute to the effective functioning of organizations and the well being of the individual? Question 2. How are leadership theory and styles related to employee motivation? Explain with suitable examples. Question 3. Discuss in detail the contribution of Taylor to the development of Management thought. Question 4. Do you think when managers make decisions they follow the decision making steps as has been
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Demi-gods and their functions Alejandro Osorio Theory of Knowledge 1st period January 23‚ 2012 Table of contents Title Page…………………………………………………………………………….1 Table of Contents…....................................................................................................2 Introduction..………………………………………………………………………...3 Investigation and Body of Paper…………………………………………………….4 Abstract Mythology is made up of creations of stories by humans according to the civilization in which
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main aim is to safeguard the interest of employees by securing the highest level of understanding to the extent that does not leave a negative impact on the organization. FUNCTIONS OF HR MANAGEMENT: HRM functions can be broadly classified into two categories 1) Managerial Functions 2) Operative Functions 1) Managerial function of HR Department: Planning : Future course of action & also includes identifying human resource requirements and forecasting personal needs. Organizing : Division of labour
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Introduction Genetics: the science‚ which deals with the principles of heredity and variation. Heredity: transmission of characters from parents to their off spring. Variation: Differences for various characters among the individuals of the same species. Types of variation: 1. Environmental and 2. Hereditary 1. Heredity variation: Variation observed among the individuals of the same species due to difference in their genetic constitution is termed as heredity variation. 2. Environmental variation:
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Empire; and the functions of griots in serving their king. Sundiata is born to Sogolon‚ and is supposed to become the king of Mali‚ but Sundiata cannot walk until he turns 11 years old‚ and his half brother‚ Dankaran Touman‚ becomes the king. Dankaran exiles Sundiata and his family‚ and Balla Fasseke‚ Sundiata’s griot‚ prepares the family for exile. During exile‚ Sundiata gathered a very strong army‚ with dreams of taking his rightful place as king of Mali. Griots have many functions and to attribute
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