Question 1 A. Identify each of the following as either a positive or a normative economic statement: a. The high temperature today was 37 degrees. b. It was too hot today. c. Other things being equal‚ higher interest rates reduce the total amount of borrowing. d. Interest rates are too high. B. In order to attract Muro John to the position of CEO of GMO Tz Seed Company Inc. Muro is given the following package (a) a signing bonus of $200‚000. (b) In addition to his salary Muro will be paid
Premium Supply and demand Marginal cost
Computer is a processing machine which processes raw data to produce meaningful data. It has tremendous change with comparison to calculator. Characteristics of Computers: - Computers have got their importance due to the following characteristics: - 1. Accuracy: - Computer performs every operation with equal and high accuracy. Errors can occur in a computer due to only human mistakes‚ weaknesses and imprecise thinking. 2. Repeatitiveness: - Once the set of instructions are permanently
Premium Computer Microprocessor Mainframe computer
Philippines Economy To Survive Haiyan Despite a terrible human toll‚ Haiyan is unlikely to derail the nation’s impressive economic performance. By Anthony Fensom Asia’s “strong man” economy of the Philippines is considered tough enough to weather the effects of Typhoon Haiyan. Yet even after the deadliest typhoonin the nation’s recorded history‚ analysts have warned of potentially worse storms ahead. After making landfall on November 8‚ Haiyan (known as Yolanda in the Philippines) flattened dozens
Premium Economics Philippines Economic development
COMMERCE SHORT ANSWER QUESTION: CHAPTER#1 1. Using examples‚ distinguish between the primary and secondary industry. Ans: Primary industry is extracting from nature. It is concerned wit h obtaining or extracting natural resources such as farming‚ mineral‚ fuel or food. These natural resources usually need some processing or manufacturing to convert them into a useable form. Secondary industry changes the raw material into finished goods. Natural resources are taken from primary producer
Premium International trade Consumer protection
COMPUTER LITERACY: TODAY AND TOMORROW* Mark Hoffman‚ Jonathan Blake Department of Computer Science and Interactive Digital Design CL-AC1‚ Quinnipiac University 275 Mt. Carmel Avenue Hamden‚ CT 06518 Mark.Hoffman@quinnipiac.edu; Jonathan.Blake@quinnipiac.edu ABSTRACT Computing and technology departments often offer service courses in Computer Literacythat provide the entire academic communitywiththe opportunityto develop skills in the use of computers. These courses have been around for
Premium Computer Internet Computing
MICROECONOMICS CHAPTER 1 INTRODUCTION TO ECONOMICS ____________________________________________________________________________________________ 1.0 INTRODUCTION – THE SUBJECT MATTER OF ECONOMICS Economics comes from the verb ‘to economise’‚ and this means making ends meet. This is a study of how society makes decisions‚ regarding the allocation of scarce resources. Economics as a subject is divided into two parts; Economics‚ social science concerned with the production‚ distribution
Premium Supply and demand Economics
Definition Jason Jowers‚ a newly minted MBA‚ had joined Atlantic Computer just four months ago as the youngest product manager. He would be responsible for developing the pricing strategy for the "Atlantic Bundle" (i.e.‚ the new Tronn server and the PESA software tool)‚ which had been developed specifically to meet an emerging basic server market‚ a new market to the company. But it had to compete with Zink server of Ontario Computer‚ its major rival in this market. 2. Situation analysis
Premium Supply and demand Marketing Pricing
Chapter 1: ECONOMIC INTERDEPENDENCE.- “ When the U.S sneezes‚ the economies of other nations catch a cold” GLOBALIZATION . Is the process of greater interdependence among countries and their citizens. Agglomeration Economies.- are a powerful force that help explain the advantages of the "clustering effect" of many activities ranging from retailing to transport terminals. (Urbanization‚ Industrialization‚ Localization economies) FOREIGN OUTSOURCING.- Certain aspects of a product’s manufacture
Premium International trade
Dell Computer Corporation Embry Riddle Aeronautical University October 6‚ 2012 Dell Computer Corporation The Dell Computer Corporation was founded in 1984 by Michael Dell from his dorm room at the University of Texas at the age of 19 with $1000. The original name of the company was PC’s Unlimited. The corporation was started with a simple premise as its basic foundation: so that personal computers could be built and sold directly to customers and by doing this‚ Dell could address their specific
Premium Dell Strategic management Personal computer
HISTORY OF THE COMPUTER ARTICLE WRITTEN BY: ADEBOWALE ONIFADE ELECTRICAL ELECTRONIC ENGINEERING DEPARTMENT UNIVERSITY OF IBADAN NIGERIA REGION 8 HISTORY OF THE COMPUTER ABSTRACT This paper takes a keen look at the history of computer technology with a view to encouraging computer or electrical electronic engineering students to embrace and learn the history of their profession and its technologies. Reedy (1984) quoted Aldous Huxley thus: “that men do not learn very much from the
Free Computer