a set is a collection of distinct objects‚ considered as an object in its own right. For example‚ the numbers 2‚ 4‚ and 6 are distinct objects when considered separately‚ but when they are considered collectively they form a single set of size three‚ written {2‚4‚6}. an element‚ or member‚ of a set is any one of the distinct objects that make up that set A number‚ letter‚ point‚ line‚ or any other object contained in a set. There are two ways of describing‚ or specifying the members
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Running head: ANTITRUST PRACTICES AND MARKET POWER Antitrust Practices and Market Power A slight inkling of antitrust by the consumers can easily destroy a company’s reputation; bring down years of hard work and dedication. This paper highlights the case of Apple Inc. There was a recent case US vs. Apple‚ that has been on news media. “The Justice Department today released some of the comments it received regarding the ongoing Apple e-book price-fixing case‚ and many of those
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SOLUTION Explicit cost computation Items | GH¢ | Cost of products and services sold | 710‚000 | Selling expenses | 310‚000 | Administrative expenses | 90‚000 | Interest expense (bank loan) 90
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Americans have always had a strong disapproval of taxes‚ especially when they are the ones getting taxed. This was precisely the case during the Whiskey Rebellion occurring from 1791-1794. Farmers outraged by a new excise tax on whiskey protested and refused to pay. However the goal of the taxes was to help pay off a $54‚000‚000 national debt acquired during the Revolutionary War (Historical Spotlight). “Whiskey was a popular drink at the time‚ so such a tax could raise a lot of revenue”(Paul Krugamn
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station 1 and 3 so additional machines must be purchased. We decided to purchase an additional machine for station 1 because it was $10‚000 cheaper‚ utilization was higher here‚ and this is where all the orders started. We also reorder point (kits) and reorder quantity (kits)‚ giving us a value of 49 and 150. 2nd stage‚ we have to reorder quantity (kits) again giving us a value of 70. In two days‚ we spend a lot of money on kits so we realize we only needed two machines at station 2 and 3. We then reorder
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ECON 201 Macroeconomics Test #1 Study Guide CHAPTERS 1 and 2 Introduction and Economic Models 1. Define economics. Differentiate between macro and microeconomics. 2. Explain the concept of scarcity. 3. Explain how marginal costs and marginal benefits influence incentives and choice. 4. Define and explain the difference between efficiency and equity. 5. What is the difference between positive and normative economics? 6. What is ceteris paribus? 7. Explain the concept of opportunity
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Suggested Answers for Tutorial 8 [Team B] Chapter 31 3. a. When an American art professor spends the summer touring museums in Europe‚ he spends money buying foreign goods and services‚ so U.S. exports are unchanged‚ imports increase‚ and net exports decrease. b. When students in Paris flock to see the latest movie from Hollywood‚ foreigners are buying a U.S. good‚ so U.S. exports rise‚ imports are unchanged‚ and net exports increase. c. When your uncle buys a new Volvo‚ an American is buying a
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PRACTICAL 3 ECOLOGICAL PATTERNS AND PROCESSES IN MANGROVE ECOSYSTEMS II PROBLEM SET 1. BIOLOGICAL INTERACTION During our Field Trip to the Cairns Airport Mangrove Boardwalk on 7th August‚ 2013‚ I observed a distinct distribution pattern in the locations of the Orange-Clawed Fiddler Crabs (Uca coarctata). Upon further investigation‚ I noticed that the larger males of the species (easily identifiable as those with one large claw) colonised the open areas located beside the Middle Creek viewing
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Global Competition This week‚ the emphasis was on global competition and in what way this can influence an establishment’s strategy to boost profits and how to utilize global competition to examine the outcome of relationships among employees and management. These dual topics were fairly straightforward for all team associates to comprehend and might be able to relate to their trades. All team associates were able to convey the topics to their trades and recognize how global competition can influence
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Econ 2035 CHAPTER 9: FINANCIAL CRISES AND THE SUBPRIME MELTDOWN Outline Want to answer the following ques9ons: • Why the financial crisis occur? • Why have financial crises been so prevalent throughout U.S. history and in other countries? • What insights do they provide on the current crisis?
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