AW4 – Sample draft 2 Annie Oct 22‚ 2014 Different Types Parents‚ Different Future In your lifetime‚ who’s your first teacher that teaches you knowledge‚ teaches you the way guides yourself and teaches you ceremony? Not Mr. Brian in your high school‚ not Miss. Liu in your elementary school‚ even not Mrs. Green in your kindergarten. They’re the most conversant person for you—— parents. You grew up in parents’ instruction. Therefore‚ parents’ attitudes are important for the growth of children
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Explain how the different features of monopolistic competition and oligopoly affect price and output determination in these market structures. Both monopolistic competition (MPC) and oligopoly generally determine price and output based on the profit-maximising condition that marginal cost (MC) equals to marginal revenue (MR). Due to the different features of both monopolistic competition and oligopoly such as the barriers to entry (BTE)‚ which affects the number of sellers as well as market power‚ nature
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export in 1993‚ with a modest quantity & value‚ GFC is now exporting its products to the tune of US$ 12 million annually to more than 30 countries in the World. GFC fans became an instant success due to their quality and durability in the entire markets share these were introduced including countries in Asia‚ Middle East‚ and Africa & Europe. GFC became the first electric fan manufacturing company to win Export Trophy Award in Pakistan. Now‚ GFC has won its 12th Export Trophy Award. GFC also
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hard. Economy and education are the minor element pushed Syrians to look for another opportunities in other countries. In my opinion‚ Syrians went through horrible experiences when they left their country‚ and moved from one country to another with different language‚ traditions‚ and
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1) Explain the terms ‘Monopoly’ and ‘Monopolistic Competition’ (4 marks) Monopoly A monopoly is a market structure in which a single company or individual owns all or nearly all of the market for a given type of product or service with no or close substitute. This would happen in the case that there is a barrier to entry into the industry that allows the single company to operate without competition (for example‚ vast economies of scale‚ barriers to entry‚ or governmental regulation)
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Notice that these two arguments each have the same logical pattern or form: If A then B. A. Therefore‚ B. This pattern‚ as we have seen‚ is called modus ponens. Arguments with this pattern consist of one conditional premise‚ a second premise that asserts as true the antecedent (the if part) of the conditional‚ and a conclusion that asserts as true the consequent (the then part) of the conditional. Other common varieties of hypothetical syllogisms include • chain argument
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MARKET STRUCTURES IN THE PHILIPPINES “A term paper submitted as a partial fulfillment of the requirements in Microeconomics” Submitted by : Jake Kevin P Borja BSBM – IIB Submitted to: Ms. Azelle Agdon Date of submision : October 10‚ 2012 I. Introduction Any study of economics has to begin with an understanding of the basic market structure of the country. An economy is made up of producers of goods and services‚ of
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optimize price. It is an organization with a very desirable position in the world; very few companies can experience the opportunity to determine their own prices without loosing significantly market share. OPEC is considered a Monopolistic-Cartel type of organization. Firm’s demand curve This type of structure has the advantage that while increasing oil prices may shift the demand curve. The model allows backstop technology and tariffs on oil imports; therefore‚ the imposition of tariffs to importing
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Running head: MARKET STRUCTURES Market Structures Scenario Analysis Erica Branch Bookie23@phoenix.edu Table of Contents Introduction……………………………………………………………………. page 3 Strategic variable solution……………………………………………………... page 3 Pricing Strategies………………………………………………………………. page 4 Non-pricing Strategies………………………………………………………….. page 4 Organizational uniqueness……………………………………………………… page 5 Conclusion……………………………………………………………………… page
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Modern-Surface Mining When coal seams are near the surface‚ it may be economical to extract the coal using open cut (also referred to as open cast‚ open pit‚ or strip) mining methods. Open cast coal mining recovers a greater proportion of the coal deposit than underground methods‚ as more of the coal seams in the strata may be exploited. Large Open Cast mines can cover an area of many square kilometers and use very large pieces of equipment. This equipment can include the following: Draglines which
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