Monopolies can be national (royal mail)‚ regional (water companies) or local (petrol station). Unlike a perfect competition situation were firms are ’price takers ’ and only respond to consumer demand‚ a monopoly finds itself in an imperfect competition market. In this type of market the firm is more of a ’price maker ’ and can therefore influence the market price. When comparing monopoly and perfect competition under the same conditions‚ we can find that the monopolist when in equilibrium produces
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cinema.Do you agree? Some people think watching movie in a cinema is better. Other think watching movies at home is better. Which do you prefer?Nowadays‚ many people prefer watching movie in a cinema. They believe that the cinema has a better atmosphere to enjoy the movie. However‚ from my perspective‚ people who watch movie at home are indeed happier and freer than people who choose the cinema.In addition‚ people who watch movie at home are more comfortable. Contrary to the fact that you have to
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interest to them. (3) Your colleague‚ senior manager of Sales & Marketing‚ is confused with the amount of information available in financial reports. In your course of enlightening him‚ you stressed the importance of Malaysian Accounting Standards (MASB) / Financial Reporting Standards (FRS) & he asked you what purpose these serve. Required: Briefly state the basic purpose of MASB / FRS. (4) Briefly explain the business entity concept & its impact on the recording of transactions. (5)
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Beauty products and treatments are becoming an integral part of our lives; with the ubiquitous quaint breast enhancement and slimming advertisements around us‚ compounded with the constant tandem appearances of celebrities endorsing cosmetics on television‚ beauty has impacted society’s mindsets immensely. Indeed‚ it is becoming conspicuous that beauty products and treatments are enjoying far too much attention. It is such to an extent that their advertisements are aired unbridledly‚ influencing
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What would you do if you won $500‚000? If you won $500‚000 in the lottery‚ what would you spend it on? There are a lot of different ways that people would choose to spend this money. Some people would choose to spend it on themselves‚ others would choose to give it all away to charity. The way I would spend it would be a mixture of the two. (67) First‚ I would take $250‚000 and put it in the bank. If it is in the bank for a while‚ it will draw around four to five thousand dollars in interest
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Published Accounts Practice Question 1 The following trial balance was extracted from the books of Eavis plc on 31 December 2009: £000 £000 Sales 11‚700 Provision for depreciation: Plant 738 Vehicles 375 Rent receivable 100 Trade payables 738 Debentures 250 Issued share capital: Ordinary £1 shares 3‚125 Preference shares (treated as equity) 625 Share premium 250 Retained earnings
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It is those who leave their homeland who struggle the most in Interpreter of Maladies. Do you agree? Though Jhumpa Lahiri is a London born writer who grew up in Rhode Island in the United States of America and is now currently living in New York; she is able to craftily expose the fragility of immigrants while settling in a new environment in her debut novel – Interpreter of Maladies. Although Lahiri’s parents’ ultimately adjusted to living in America‚ they must have had frequent longings of their
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REFLECTIVE ACCOUNT. Unit 1- 1.1‚ 1.2-This is a reflective account of the things I have done‚ experience and knowledge I have gained throughout the assessor ’s course mainly during the process of assessment. First‚ I would like to describe the definition of assessment‚ its key concepts‚ stages to show the knowledge and understanding I have gained throughout the course. An assessment is a pre-agreed formal session with the learner. Assessment is judging performance against an agreed standard and
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2. What part is colored? Write the Fraction (Ratio) 3. You have these coins‚ which coins do you need to make a dollar? 4. You pay $1.00 to buy an envelope costing $0.25. You receive the following change: Is this the correct amount of change? Yes No 5. Which is a better estimate for the length of an earthworm? 6 yards 6 inches 6. Which tool would you use to find out how long it is until a movie starts? watch teaspoon
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ED such as Intubation of patient‚ Cardio Pulmonary Resuscitation (CPR)‚ Continues Bladder Drainage (CBD)‚ Chest Tube Insertion‚ Incision and Drainage (I&D)‚ Toilet and Sutures (T&S) etc. I acknowledge that my practice may not always be evidence based and lack of understanding of the wound infection from T&S procedure. I do fully realize that as a health care professional‚ I have a duty of care for every patient (Nursing & Midwifery Council‚ 2004).
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