available. However‚ since most commuters to the city park in the suburbs‚ then it would be more cost effective to place the lot in the suburbs. Q3. KEY QUESTION Cite three examples of recent decisions that you made in which you‚ at least implicitly‚ weighed marginal cost and marginal benefit. LO1 A3. The economic perspective includes three elements: scarcity and choice‚ purposeful behavior‚ and marginal analysis. It sees individuals and institutions making rational decisions based on comparisons of
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income. Instructor Explanation:Chapter 12 Points Received: 5 of 5 Comments: 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? (A)The decision to make or buy a needed partThe desision to keep or drop a product line Yes Yes (B) Yes No (C) No Yes (D) No No Student Answer: Choice A Choice B Choice C Choice D Instructor Explanation: Chapter 13 Points Received: 5 of 5 Comments: 3. Question : (TCO D) Last year‚ the House of
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Running Head: Final Project University of Phoenix ECO 365 April 20‚ 2011 Introduction The evolution of Wal-mart from the early 1960s to the present day has set a benchmark that few can achieve. Wal-mart executives have been successful nationally as well as globally. The knowledge and expertise in economics have made Wal-mart a global giant. The research completed is the final recommendations by the members of research team C and will address questions regarding
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radian on a circle equals 35 cm‚ what is the radius of the circle? K=2 4. If the diameter of a monster truck tire is 3.6 m and makes one rotation every 5 seconds‚ how far does the tire roll in 1 minute? T=2 5. What trigonometric function gives an output of when the input is ? K=1 6. Which of the six trigonometric functions are positive in quadrant III? K=2 7. What is the vertical and horizontal translation for the function
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Chapter 6 Review Questions 1) Which of the following must a firm in a market economy do today to succeed? A) Produce the goods and services that consumers want at a lower cost than consumers themselves can produce. B) Organize the factors of production into a functioning‚ efficient unit. C) Have access to sufficient funds. D) Market firms today must do all of these things. 2) Organizing a successful firm in a market economy has become ________ over the last century. A) legally impossible
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A) Watch this BBC clip http://www.youtube.com/watch?v=FzxGyKyzfP8&feature=related and discuss the problems with globalization. Do you believe it is possible for a global company to simultaneously achieve the goals of global efficiency and integration‚ national responsiveness and flexibility‚ and worldwide transfer of knowledge and innovation? Discuss Globalization has many apparent issues that were highlighted in the video. One of the problems shown was related to non renewable resources. A globalized
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Checks and balances is essentially the three branches of government checking on the others and preventing them from overstepping their boundaries. There are many examples of checks and balances and many reasons why it is important. The three branches of government all have their own powers and restrictions‚ and checks and balances enforces these restrictions and ensures that each branch does what it’s supposed to do. Without it‚ our government would probably be more like an anarchy‚ as our constitutional
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Chapter Eight Problems Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. Chapter 8 Exercise 1: 1. Basic present value calculations Calculate the present value of the following cash flows‚ rounding to the nearest dollar: A single
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Checks and balances is a system put in place so that no one branch of government can dominate the other and no one branch can abuse the power they possess. There are three branches of government. The first branch of government is the executive branch which is in charge of the military‚ vetoing bills‚ managing the budget‚ etc. The second branch of government is the legislative branch which is in charge of ratifying laws‚ composing bills‚ and representing the general public‚ etc. The third branch of
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Some of these foods offer no other nutritional value like fiber and protein. You need to assess what you are most concerned with. If your goal is to eat less than you burn each day‚ calories is your bottom line. As you can see‚ Starbucks is not necessarily healthier than D&D‚ despite strategic marketing. Of all the comparisons done‚ Starbucks only came out on top three times. You might think that a "smoothie" is better than a "coolatta" ‚ but the facts state otherwise. Menu Diversity between Dunkin
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