PGPM 2008 Term I Microeconomics End Term Full marks 30 Time 2 hours 1. This question contains two parts a. In era of hyperinflation‚ what would be the appropriate strategy for firms in the airlines and automobile sector to cope up with both competitiveness in the market and rising cost 5 b. Read the following answer the following questions Textbook publishers evaluate market size
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In Week 2 the discussion was about employee relations. To identify recruitment and selection strategies and methods as part of the workforce. Understanding and differentiate between job analysis‚ job description‚ and job specification. Discussing about the process an organization uses to ensure that it has the right amount and the right kinds of people to deliver a certain level of output or services in the future. Learning of the forecasting techniques which are quantitative and qualitative‚ a variety
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According to Fremgen (2012)‚ every state has a statue or regulation that necessitates that all health care professionals and physicians report all cases of acquired immunodeficiency syndrome (AIDS) to the department of health local or state level. This would allow Dr. K to meet his obligation in reporting the communicable disease. In some states it is also legal to inform a spouse‚ needle sharing partner‚ or other party that may be at risk of contracting the disease (Fremgen‚ 2012). In this case
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Lab 2 – Water Quality and Contamination Experiment 1: Effects of Groundwater Contamination Table 1: Water Observations (Smell‚ Color‚ Etc.) Beaker Observations 1 This beaker has water only‚ clear with no smell 2 I mixed oil in the water‚ the oil then started to settle at the top of the water. (oil is not a soluble) 3 Beaker contained vinegar and water‚ the water got a little cloudy and the vinegar smell is very strong. 4 The water and laundry detergent mix had a soapy look to it‚ water also
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differed from monopoly situation. Since this article is about drug market‚ it is possible to be monopolised for a certain medicine for a few years by the patent law‚ however it cannot generalise the result of monopolist scenario to all drug markets. 2. Independency of two markets This article assumes that the two markets are perfectly separated. It states that neither leakage nor arbitrage occurs between the two markets‚ but it is excessively theoretical. In the modern capitalistic world‚ goods
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Fundamentals of Macroeconomics Lisa Rasch ECO/372 June 18th‚ 2012 Sigmund Karczewski Fundamental of Macroeconomics Part 1 * Gross Domestic Product (GDP)- GDP is the value of all goods and services that have been produced in a country within a period of time. * Real GDP- Real GDP refers to the value of all goods and services that has been adjusted for inflation or deflation. * Nominal GDP- Nominal GDP refers to the value of all goods and services that has not been adjusted for
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We explored three different options‚ given the need to create a division of work that would maximize the number of tables manufactured per day by either utilizing four or five employees and allowing the employees to either be part of the manufacturing process or manufacture tables on their own. We first decided to combine the finishing step with the packaging step since packaging required a very minimal amount of time and because the employee assigned to this function was being severely underutilized
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• Post a 250- to 300-word response to the following debate topic: The United States must place high tariffs and use quotas to restrict trade with foreign countries. • Consider the following issues: • The strength of the dollar on domestic and global economies • Benefits from tariffs or quotas • Losses from tariffs or quotas I think that it is very important that trading with other countries is limited. With the economy that we are currently in‚ many people stand to benefit from their
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Assignment 2 Operations Decision ECO 555 Managerial Economics Strayer University August‚ 2014 Despite outstanding technological advancements in the industry‚ the quality of manufactured food products has become a major concern of the time when seen from the health and wellness perspective. In the 21st century higher income‚ urbanization‚ other demographic shifts‚ improved transportation‚ and consumer perceptions regarding quality and safety are changing the global food consumption patterns
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Week 2 Complete Lab 1. Solve the exponential equation by expressing each side as a power of the same base and then equating exponents. 6 x = 216 x = 3 2. Solve the exponential equation. Express the solution in terms of natural logarithms. Then use a calculator to obtain a decimal approximation for the solution. ex = 22.8 x= ~3.12676 3. Solve the following logarithmic equation. Be sure to reject any value of x that is not in the domain of the original logarithmic expression. Give
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