But economic growth also has opportunity costs! (Let TA handle in recitation) An important factor responsible for economic growth is an increase in capital Capital goods long-lasting tools used to produce final/consumption goods (goods that are used up) But capital itself has to be produced by the use of other resources (e.g. tractors‚ R & D) More capital a society produces today higher will be future output of final goods growth in the output of final goods => PPF will push out
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the toughest requirements in an MBA application is the essay. It may seem like it is no big deal but many individuals have failed to get into the programs they aspire for because of a poorly-written essay. Your essay can make or break your application efforts. If you want to make sure that you will submit the best possible MBA essay‚ then you should seriously consider hiring a MBA essay editing service provider. As the name suggest‚ it is a service that edits MBA essays for a fee. Most service providers
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EIILM UNIVERSITY‚ SIKKIM TERM END EXAMINATION‚ SEPETEMBER-2012 EXECUTIVE MBA (1 SEM/ 1YEAR) MARKETING MANAGEMENT Time: 3 hours M.Marks:60 Note: - All questions are compulsory. All questions carry equal marks. 1- The market in large town catering to the needs of villages and towns is known as----- a) Local marketb. c) Regional marketc. b) National marketd d) Global market 2- Objective of -------concept is profit through customer satisfactiona
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MBA-101: Business Environment Answer any three questions. Each question carries 10 marks each: 1. Explain the internal and external elements of environment effecting business. OR What is technology? Explain the impact of technology on business 2. Explain the impact of Globalization‚ Privatization & Liberalization on Indian economy. OR What is Multi National Enterprises? Explain their role in India. 3. Explain the importance Small Scale Industries. Explain the problems
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Opportunity Costs‚ Absolute Advantage and Comparative Advantage Abstract This work defines and illustrates examples of opportunity cost. It also defines and compares comparative and absolute advantage. Then‚ the work extends the narrative to compare these terms in today’s society. Opportunity Costs‚ Absolute Advantage and Comparative Advantage Example 1: | Potatoes | Chickens | Michelle | 200 | 50 | James | 80 | 40 | * What is Michelle’s opportunity cost of producing potatoes
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Science Study Notes Getting Your Act Together Cell Theory Cells are the basic structural and functional units of life. In multicellular organisms different cells perform different functions. Different types of cells work together so that the organism functions as a co-ordinated whole Unicellular and Multicellular Organisms A multicellular organism is made up of many cells A unicellular organism only has one cell Plant Cell Animal Cell Basic Requirements
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Master of Business Administration Ist Semester 101: MANAGEMENT PROCESS AND ORGANISATIONA L BEHAVIOUR OBJECTIVES The purpose of this course is help the students to understand management functions‚ to familiarize themselves with the practice of management‚ to develop an understanding of behavioural process of the organizations as a whole‚ and to cultivate an insight into the individual behaviour at work place. UNIT-I Meaning‚ Nature and Scope of Management; Emergence of Management Thought – Classical
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choosing one option‚ item‚ good‚ or service over another‚ opportunity cost is the value of what is foregone in order to have the alternative option. More simply‚ the opportunity cost of an item is the benefits you could have received by taking an alternative action. Every decision that involves a choice between two or more options has an opportunity cost. Opportunity costs are not limited to fiscal or monetary costs‚ the value or opportunity not chosen can take many forms including lost time‚ foregone
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THE GLOBAL OPEN UNIVERSITY‚ NAGALAND MBA ASSIGNMENT : THIRD SEMESTER Maximum Marks 30 TGOU / MBA-3 / PAPER-1/ JUN 2013 THE GLOBAL OPEN UNIVERSITY‚ NAGALAND MBA ASSIGNMENT : THIRD SEMESTER Maximum Marks 30 TGOU / MBA-3 / PAPER-2/ JUN 2013 (SECTION – A) 1. Why should the system analyst use information gathering tools? Explain. 2. What is a decision tree? Mention its advantages and disadvantages. 3. "Audit trials do not have independent existence‚ as they are a consideration that must be included
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Discuss the costs and benefits of economic growth. PLAN Economic growth an increase in the amount of goods and services produced per head of the population over a period of time. Economic growth is measured as the increase in real GDP over a given period of time‚ usually a year. This figure is expressed as a percentage. Real GDP can be defined as an inflation-adjusted measure that reflects the value of all goods and services produced in a given year‚ expressed in base-year prices. In the long run
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