Discuss the rationale behind the WS and PS curves (12 marks) Keynesian macroeconomics assumes that markets are imperfect and this as the result of lack of competition. The implication of imperfect market is that agents are no longer price takers as in perfect markets‚ but become price setters. In product markets the firms are price setters considering the elasticity of demand which is partly dependant on competition. In the labour market‚ workers are the wage setters. Through collective bargaining
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Sharks and dolphins are very fascinating creatures because of their unique personas and behaviors. Their personalities seem to clash when compared to each other. Sharks tend to have a mean and intimidating character thanks to their razor sharp teeth‚ while a dolphin seems to be a bubblier and clever creature. Even though they have similar features‚ they are far from alike. Whereas sharks and dolphins are different in behavior‚ reproduction‚ and hunting‚ they are similar in body shape‚ and habitat
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Differences Between Sharks and Dolphins Sharks and dolphins are both ocean creatures. From afar they look alike but are contrasting ocean creatures. One of the main allusions is that they are the same type of creature‚ but a shark is a fish while a dolphin is a mammal. Because sharks are fish‚ they are cold blooded‚ and because dolphins are mammals they are warm blooded. Dolphins have blow holes and can only stay under water for up to seven to twelve minutes. Although sharks do not have blow holes‚ they
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book that I read was Behind the Dolphin Smile written by Richard O’Barry and Keith Coulbourn. It has 288 pages‚ and was Published July 7th 2000 by Renaissance Books (first published September 1st 1991). Behind the Dolphin Smile is a book that is based on the true story of a dolphin trainer that was holding the dolphin that played Flapper on TV in his arms as it died of stressed. It was then that he realized that his career training dolphins had been a mistake and that dolphins deserve the same freedom
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Even though nursing is not everyone‚ anyone can learn nursing skills and techniques but some not at the same pace because everyone is different. There are lots of techniques and skills you can learn and will always remember from nursing because Nursing techniques can be learned and applied by people from all walks of life and can also save life’s. First‚ There are lots of techniques and skills you can learn and will always remember from nursing because Nursing skills techniques can be learned and
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RATIONALE BEHIND M&A Motives There are two types of motives involved in merger and acquisition and these are Explicit and Implicit motives. Explicit Motives • Synergy: Synergy means that the merged firm will have a greater value than the sum of its parts as a result of enhanced revenues and the cost base. • Economies of Scale: Economic of scale refer to the reduction in unit cost achieved by producing a large volume of a product. Horizontal mergers aim at achieving economies of scale. This
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1: In what ways did the different groups have similar definitions of freedom? Give specific examples to support your answer. Both European immigrants and Native Americans defined freedom as self-government. Native Americans elected tribal leaders and Europeans came to the New World fleeing the restrictions of their homeland. Government in Europe during the 1500s and 1600s was monarchial and the commoners had no say in governing themselves. Many Europeans came to the Americas fleeing the restrictive
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Adam Marshall Ms. Main B2 Mythology King Arthur King Arthur‚ a well-known figure of British history‚ fought his way through multiple men to win the freedom for his men. King Arthur in the book and in the movie has similar and different traits. Events in the book and the movie are very different from each other‚ but Arthur has some similar traits. In the myth‚ King Arthur shows that he is humble‚ even towards his enemies. At the beginning of the myth Arthur need a sword to give to Sir
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Dolphins are highly intelligent marine mammals and are part of the family of toothed whales that includes orcas and pilot whales. They are found worldwide‚ mostly in shallow seas of the continental shelves‚ and are carnivores‚ mostly eating fish and squid. Dolphin coloration varies‚ but they are generally gray in color with darker backs than the rest of their bodies.According to wikispecies‚ there are 41 species of dolphins of the family delphinidae or oceanic dolphins. Diet Dolphins consume
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Dolphins are mammals closely related to whales and porpoises. Dolphins have a powerful and streamlined body. They are found in all seas and oceans. Dolphins can be told apart from porpoises by their nose‚ which is beaklike‚ and also their conical teeth. Porpoises have a flatter nose‚ sharper teeth‚ and a more solid body. There are 32 known species of dolphins. The bottle- nosed dolphin is often the species used in aquatic shows. The common dolphin inspired many Mediterranean folk lores. Both
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