1. Distinguish between Micro economics and Macro economics. Microeconomics may be defined as that branch of economic analysis‚ which studies the economic behavior of the individual unit‚ maybe a person‚ a particular household‚ or a particular firm. It is a study of one particular unit rather than all the units combined together. In microeconomics‚ we study the various units of the economy‚ how they function and how they reach their equilibrium. An important tool used in that of microeconomics is
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1.0 Strategic Problems Faced by KFC Threats from rivalry Hartz Chicken will be the problem currently faced by KFC outlet at Sarawak Plaza. The threats is in the form of substitute product which means the product produce by Hartz can satisfy the same consumer needs as another product. In this case‚ it will be the competition to gain or attract the same market segment for their chicken focus dishes or menu. Profit gain by the outlet eventually not enough to cover the daily operating expenses. The
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CSEC Economics SBA Title of Project A comparative study of the demand for KFC and Japs at a particular high school between the period September 5 and 26‚ 201 1 Comments The Title The title of the project was clearly stated. It was a micro-economic topic and was appropriate for this level. The full two marks were awarded. Purpose of the Project. Three objectives were adequate although seven were listed. The full three marks were awarded. Collection of Data Five sources of data collection
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Article 1 Topic : Applications of Demand and Supply Concept Article: Inflation Pours Cold Water on India’s Mango Fever Analysis The news article reported on the inflation that occurred on the cost of production‚ which resulted in the increase of the selling prices of Alphonso mangoes in India. Alphonso mango also known as the King of fruits in India and it starts to bear fruits generally from March till the end of June. During the festive celebration‚ Indians do not only consume these mangoes
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..........................4 (CAPITILISM ECONOMIC SYSTEM) CHAPTER 3 ...........................................................................11 (SOCIALISM ECONOMIC SYSTEM) CHAPTER 4 ..........................................................................14 (MIXED ECONOMIC SYSTEM) CHAPTER 5 ………..……………………………………………………………….16 (ISLAMIC ECONOMIC SYSTEM) CHAPTER 6 ………..……………………………………………………………….24 (COMPARISON BETWEEN THE ISLAMIC ECONOMIC AND OTHER ECONOMIC SYSTEM) 1. DIIFFERENCE BETWEEN ISLAM
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Money Market on the Nigerian Economic Development Mr. Okpe Innocent Ikechukwu Department of Accountancy‚ Enugu State University of Science and Technology‚ Enugu‚ Enugu State of Nigeria Abstract The objective of this study is to examine the impact of money market on the Nigerian economic development; it has been prepared as a contribution to the quest for promotion of entrepreneurship as an engine growth. To access the multidimensional role and medium scale enterprises in bringing out rapid industrialisation
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Walmart’s Economic Break? In Neil Irwin’s article “How Did Walmart Get Cleaner Stores and Higher Sales‚” there is discussion on whether or not Walmart’s corporate decisions to increase wages‚ offer better opportunities‚ and better training are an impact on the greater wealth of the economy. An experiment brought on by Walmart executives after noticing a significant decline in sales as well as store appearances. Irwin‚ who reports on economics for a living‚ put together an interesting article basically
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The economic aspect In terms of the economy‚ there has been an inconclusive debate about whether artificial sweeteners could be used in food and beverages as a sweetener material. The use of these sweeteners has some positive effects on the economy by increasing the production and creating new jobs. Additionally‚ they could reduce the obesity‚ diabetes‚ and tooth decay‚ which could decrease the health care cost. On the other hand‚ the consumption of artificial sweeteners may lead to negative implications
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is cited relevant to inflation and unemployment. Data analysis is done and concusions are drawn on the basis of discussion. Keywords: Impact ; Inflation ; Unemployment ; Jordanian GDP Introduction Problems of inflation and unemployment are the most important problems that affect the growth of Jordanian economy. in this paper I will present the concept of both inflation and unemployment in general as stated in previous studies and some economic theories that deal with these problems and their impact
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It’s been five years since the SEZ Act 2005 came into being. Over 580 SEZ approvals‚ much real estate speculation‚ half-a-dozen farmers’ protests‚ and an economic slowdown later‚ it is time for the Ministry of Commerce to admit that the policy has been a damp squib on the economic front. Developers who were falling over each other to get their SEZ plans approved seem to be looking for greener pastures‚ as they now line up to get their SEZs denotified or withdrawn. Many others continue to seek extensions
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