Question 1: Assume that Econoland produces haircuts and shirts with inputs of labor. Econoland has 1000 hours of labor available. A haircut requires ½ hour of labor‚ while a shirt requires 5 hours of labor. Construct Econolands PPF. Answer 1: To construct Econolands Production Possibility Frontier (PPF) we first need to understand what is a PPF. A production possibilities frontier (PPF) is a graph showing the different quantities of two goods that an economy can efficiently produce with limited
Premium Inflation Macroeconomics Economics
Rampal Electricity Plant Introduction There is a rising energy demand in Bangladesh in proportion with the growth of its population. Given the near exponential growth of demand due to other factors like industrialization‚ we are now forced to explore non-government sources of energy from being reliant on government run power stations only. The proposed Rampal Coal-based Power Station is an example of the latter. Rampal Power Station came in the paper for the first time when Bangladesh Prime
Premium Coal Electricity generation Pollution
Supply and Demand Economists believe they understand and can predict within a certain degree the outcome of general micro and macroeconomic phenomena. Microeconomics is the study of individual choice‚ and how that choice is influenced by economic forces (Colander‚ 2010). Macroeconomics is the study of the economy as a whole (Colander‚ 2010). As much as the regular person would like to ignore these same principles and simply live their lives they will be subjected to the harsh reality of economics
Premium Supply and demand Economics Microeconomics
Coffee Consumption Patterns Carla Brooks ECO365 November 14‚ 2012 Professor Dr. Cristina Espinoza-Alguera People across the globe consume various products on a daily basis. How much and how often goods are consumed can depend on several factors. It is these causes that set a precedent for what consumers will purchase and the amount of products to be produced by manufacturers and farmers. This is known as economic consumption patterns‚ and these patterns are thoroughly reviewed by economists
Premium Supply and demand Elasticity Price elasticity of demand
following statement of check fraud. Jennifer received a call from her boyfriend Shawn Cannon who was trying to use his debit card and was not able to use the card. Jennifer contacted the bank and was advised a pending check for $4‚705.85 dollars was pending. Jennifer was able to get a picture of the check from the bank. The check number was (8286) and was deposited to Ron Ralston’s Bank of Oklahoma checking account. The check was deposited using the online banking. The check was made out to Ron and
Premium Management Money Credit card
Hotels…………………………………..6 4. Eco- Friendly……………………………………….7 5. The Origin…………………………………………..7 6. Ecotels……………………………………….............8 7. ECOTEL Certification Services…………………...10 8. Eco Friendly Concept………………………………11 9. First World Ecotel………………………….............12 10. First Ecotel In India………………………………..13 11. Housekeeping ………………………………………13 12. Housekeeping and Eco-Friendly…………..............15 13. Eco Friendly Amenities Products and Processes…15 14. Eco Friendly Housekeeping ……………………….17 15. Eco Friendly Products……………………………
Premium Environmentally friendly Hotel Rainwater harvesting
pre‚ and in post flight When an aircraft‚ already in a restricted area‚ is brought into service it must be checked to ensure that no unauthorized persons and no prohibited articles are on board of the aircraft. Cabin Crew should undertake the checks on the following occasions: The first flight of the day Upon arrival after passengers have disembarked When is the aircraft stopping at night When there is a change of the Cabin Crew Any of the suspicious items also should be checked
Premium Flight attendant Passenger Security
Guillermo Furniture Store Analysis ACC/561 September 25‚ 2010 Guillermo Furniture Store Analysis Emerging markets‚ new processes and increased competition affect business decisions for many small businesses. Guillermo Furniture Store is a small business currently experiencing the affects of emerging competition. Because of this‚ the organization decided to take a more prominent role in distributing. The authors will be taking a deeper look into this decision and will provide a detailed
Premium Budget Forecasting Future
History Quiz 1) To finance the American Revolution‚ the first paper notes were produced‚ known as Continentals. A 2) In response to the financial crisis in the 2000’s‚ the Federal Reserve’s policy making body cut the federal funds rate to nearly 0‚ the lowest level in over 50 years. c 3) Which president signed the Federal Reserve Act into law? Woodrow Wilson. C 4) The first Bank of the United States was chartered in 1791. B 5) During the 1920’s‚ the Fed began to use this as a monetary policy
Premium United States Federal Reserve System Central bank
Eco-friendly processing of Jute & Allied Fibres Paper presented to INTERNATIONAL JUTE STUDY GROUP (IJSG) DHAKA‚ BANGLADESH By Dr. S. K. Chakrabarti INDIAN JUTE INDUSTRIES’ RESEARCH ASSOCIATION 17‚ TARATALA ROAD‚ KOLKATA 700088 INDIAN JUTE INDUSTRIES’ RESEARCH ASSOCIATION ECO-FRIENDLY PROCESSING OF JUTE & ALLIED FIBRES Dr. S. K. Chakrabarti Indian Jute Industries’ Research Association (IJIRA) 17 Taratola Road‚ Kolkata- 700088 Abstract: In the present scenario‚ the
Premium Jute