Distinguish between diminishing returns and economies of scale (15 marks) In Business Economics‚ the short run is defined as the concept that within a certain period of time‚ in the future‚ at least one input is fixed while others are variable and the long run is defined as a period of time in which all factors of production and costs are variable. The law of diminishing returns is a short run concept‚ which states that increasing successive units of a variable factor to a fixed factor
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Barriers to critical thinking if left unchecked can harm‚ and even seriously injure a curious and open mind‚ the ability to think through issues‚ analyzing issues from multiple view points and other critical thinking concepts. Let’s call theses threats land mines. Much thinking of the untrained mind is distorted‚ incomplete‚ biased‚ uninformed and prejudiced. This kind of thinking creates a potential mine field that can hold a person back from using his/her knowledge‚ schooling‚ experience‚ reasoning
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A SUMMARY OF CAPITAL BUDGETING TECHNIQUES E A G C EDIRISINGHE - FGS/02/25/01/2012/044 COURSE MBA 61043- CORPORATE FINANCE SECOND YEAR SEMESTER ONE – 2013 Master of Business Administration Faculty of Commerce and Management Studies University of Kelaniya Course Instructors : Dr.P.M.C. Thilkarathne Dr.D.K.Y. Abeyawardena Corporate Finance - MBA 61043 CAPITAL BUDGETING TECHNIQUES Faced with limited sources of capital‚ management should carefully decide whether a particular project
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contemplate the enormous responsibility that one assumes when working in the profession of nursing‚ the question‚ (Roberts‚ 2011) “what is the relevance of this important concept (lifelong learning)‚ posed by Dottie Roberts‚ MSN in her editorial “Resolved to Be a Lifelong Learner”‚ there is no doubt in my mind that I too‚ have taken on the responsibility to continue to expand my knowledge base and skills as a professional nurse. Standard number 8 in the Standards of Professional Nursing Practice
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It is quite clear that conflict can trigger many emotions in a human. Conflict has a direct influence on the human mind and the way that people act. Written by William Golding‚ Lord of the Flies is a perfect example of how peoples’ decisions are influenced by a source of conflict. Different types of conflict push different significant events in the novel. External conflict tears the boys’ unity apart. Fear of the ‘beastie:’ evolves from internal conflict‚ and physical conflict worsens as the story
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your customers need to know what you are like and how you act. I will compose a number of tweets attempting to outline your personalities. I want made the tweets seem witty and fun to promote your personalities. I have also included tweets which hopefully promote your business sales. I will also make a shared Facebook page along with a few statuses’ talking also about your business. With your Facebook page I would like to write the status’ using we instead of ‘I’ to create the feeling that all three
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Difference between rate and sequence Rate/Speed involves a time frame linked to age. Sequence/Order involves patterns and an order of development linked to body‚ mobility and intellectual growth - sequence can include an order that’s both positive and negative - deterioration. Rate - what happens at 1 year old‚ 24 months old‚ 7 years old .. Sequence - how things happen in an expected order‚ sequence ie: breastfed‚ weaned‚ full meals. lie‚ sit‚ crawl - maybe‚ stand‚ walk‚ run.. Sequence
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Genetically modified organisms are organisms that’s genetic material has been changed using engineering techniques. Organisms that are genetically modified include microorganisms such as bacteria and yeast‚ insects‚ plants‚ fish‚ and mammals. This alteration of the genes usually entails inserting genetic material into an organism in a laboratory without natural mating‚ breeding or reproduction. Instead of breeding two plants or animals together to bring out certain traits in the offspring‚ the plant
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Considering the albedo of various surfaces‚ how might temperatures differ between urban and rural areas? Which setting tends to be warmer on a given day and why? Also‚ are there any factors other than albedo that might affect the temperature differences between the two settings? On any given day the urban areas are hotter than that of the rural areas. Urban areas tend to be warmer than surrounding rural areas due to urban heat islands Albedo is a major factor in increase of the urban temperature
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ESSAY PLAN[pic] Task 1 Drawing on appropriate evidence from Chapter 5‚ describe how groups can influence people in positive and negative ways. Chapter five‚ it describes a range of social influences on people’s behaviour. In this essay I will look at how groups influence people both in the positive and negative sense. I will describe how group pressure and the ‘in groups’ and ‘out groups’‚ and conformity influence people in their daily lives. Group pressure
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