each possible price Demerit goods: Goods that are bad for society; socially undesirable (ex. Alcohol‚ drugs‚ cigars). Direct tax Elasticity: measures response. The change that one thing influences on the other. Elastic demand: refers to how sensitive the demand for a good is to changes in other economic variables Elastic supply: supply of a good or service that increases or decreases as the price of an item goes down or up. Equilibrium price: the amount demanded exactly meets demand
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(TCO 1) Historical research involves four main tasks. Analyze refers to the task of (Points : 2) locating primary sources to learn the facts. asking questions like "Who created the source and why?" analyzing all the available primary sources and judging which is the most accurate. distributing the new findings to the world. 2. (TCO 2) What event marked the beginning of World War II? (Points : 2) The Nazi-Soviet Pact. The German invasion of Poland
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market: It indicates the tone or state of the market. It is a state when there are more buyers than sellers and as a result the prices show an upward trend. Arrivals: Fresh stocks of commodities that are brought to the market in a given period are called arrivals. The term is used in contrast to the opening balance of stock in hand. A market may open with some previous stocks brought forward on a particular day. The arrivals are the new stocks reaching the market on the same day. It does not mean the
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Chapter 4: The Valuation of Long-Term Securities 1. What is the market value of a $1‚000 face-value bond with a 10 percent coupon rate when the market’s rate of return is 9 percent? Answer: More than its face value. 2. If an investor may have to sell a bond prior to maturity and interest rates have risen since the bond was purchased‚ the investor is exposed to __________. Answer: interest rate risk 3. Beta Budget Brooms will pay a big $2 dividend next year on its common stock
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1. Pre mechanical period 2. Hindus in india 3. Difference engine 4. Rags modern day papermaking 5. Johann Gutenburg 6. Sumerians 7. Joseph marie jacquard 8. Y or circle 9. Voltaic battery 10. Computers 11. Cuneiform 12. The first information explosion—the first special purpose “computers”—Babbage engine—punch card 13. Abacus 14. Symbols 15. Joseph marie jacquard 16. Egyptians 17. Slide rule William Oughtred 18. Charles babbage
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If you were to ask a group of people “what is success to you?” you would get a variety of different answers. This is because throughout life each person is presented with different strengths‚ needs‚ and dreams. This allowing for not a single definition of success‚ but numerous definitions. However‚ ones idea of success may also change throughout their life based on their path. The best definition of success that I have come across is by Earl Nightingale who says "success is the progressive realization
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From an automobile accident to an injury at work or even a mistake made by a medical care professional‚ personal injury law covers a very broad range of incidents. There are many factors. A lot depends on the severity of injuries‚ whether the incident is covered under an insurance policy and a certain level of clarity for who is at fault. Seeking the assistance of an experienced personal injury lawyer - who can help shed light on those factors - will help you to move easily through the process of
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1. Express and Implied Terms The content of a contract are made up of terms (or ‘clauses’ as they are called in the case of written contracts) which may be express or implied. The express terms are the terms which the parties actually stipulated for themselves when making the contract‚ whether orally or in writing. In addition to the express terms‚ the courts sometimes‚ for a variety of reasons‚ imply certain terms into the contract. Implied terms are terms that are not expressly stated in the
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Short-Term Financing There are numerous diverse sources offered for short term financing which is significant for companies to go on with the corporation’s day-to-day procedures. The important sources for short-term financing are overdrafts‚ trade credit‚ and short-term loans. These sources can be used for many reasons. Installment loan is the most confusing financing loan which requires equal payments of the loan life (Block‚ Hirt‚ & Danielsen‚ 2009). A mortgage is an example of installment
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revenues. Value added tax (VAT) is a tax charged on the value added‚ it was introduced in Tanzania in the year July 1998‚ after the value added‚ tax Act 1997. It replaced sales tax; stamp duty‚ hotel levy and internments tax. Since it’s introduction terms of revenue collected has been promising in the sense that it has been increasing but this should not make use to loose the millions of the revenue the government to collect. There has been constant efforts among tax payers to reduce theirs tax liability
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