1. Explain economics? Economics is the study of how society allocates scarce resources and goods. Resources are the inputs that society uses to produce output‚ called goods. Resources include inputs such as labor‚ capital‚ and land. Goods include products such as food‚ clothing‚ and housing as well as services such as those provided by barbers‚ doctors‚ and police officers. These resources and goods maybe be considered scarce because of society’s tendency to demand more resources and goods than
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the subject but no complete real answer. According to Katharine Briggs and Isabel Briggs‚ ( Myers and Briggs) there are 16 different types of personalities. With multiple definitions for each of the outcomes it shows. Using the Myers Briggs Type Indicator‚ (MBTI) I will determine what type of personality the main characters are in the book The Lord of Flies. The main character in the story‚ his name is Ralph. He is the main protagonist in the story and the elected leader of the group he is with
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Waheed Does Political Corruption affect Economic Growth in Transitional Democracies? The call for democracy in the name of economic growth and prosperity has never been louder than it is today. Recent movements such as the “Arab Spring” are attempts to establish a democratic system of government in countries where authoritarians‚ bribery‚ and abject poverty are widespread. According Nye (2009)‚ a professor of economics at Washington University in St. Louis‚ economic growth has a direct effect on
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Company Analysis: Bajaj Auto Ltd. History Bajaj Auto Limited is an Indian motorized vehicle-producing company. It is the flagship company of the Bajaj Group‚ founded by Jamnalal Bajaj at Rajasthan in the 1930s. It is based in Pune‚ Maharashtra‚ with plants in Chakan (Pune)‚ Waluj (near Aurangabad) and Pantnagar in Uttaranchal. Baja Auto motorcycles in production are the XCD‚ Platina‚ Discover‚ Pulsar and Avenger. Bajaj Auto is the world’s third-largest manufacturer of motorcycles and second-largest
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BMW: The Digital Auto Project Case Analysis Report 1. Recommendation 1-1. We recommend 3-series touring wagon development project as a target of Digital Car Project. The ultimate objective of the project is to halve lead time of product development in BMW from 60 months to 30 month. As a result‚ the firm can incorporate reflect fickle customers’ tastes and the latest technology to their product development quickly and it enable them to fit the market needs strategically. If this change
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true even in developed economies of the world. It is important to take a holistic view of the prevailing policy framework covering generic drugs globally‚ making it possible to analyze the effects of these policies on the generic pharmaceutical industry. The first pertinent area of global pharmaceutical policy is funding of research in life sciences. This pertains primarily to reference drugs rather than generic drugs. Globally‚ there is no overarching framework for the same. This is primarily
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In economics‚ there are many fallacies that exist. In relation to economics‚ a fallacy is a policy or theory that can be misleading if based on faulty reasoning yet is still accepted by many as fact. Economists attempt to use information based on statistics and facts in order to hypothesize relevant theories. Due to the fact that economists and others that are involved in making decisions on economic policies are human‚ human error can occur. As a result‚ policies put in place that seemed logical
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Background An indicator is a halochromic chemical compound that is added to a solution to determine its pH. It is a chemical detector for hydronium ions. The indicator changes colour to show the pH of the solution. Some indicates are not very precise and only tell us whether the solution is acidic or basic. When the indicator is added to the solution‚ they bind to hydrogen or hydroxide ions. The different electron configurations of the bound indicator cause the indicator ’s colour to change.
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| |Higher 1 | ECONOMICS 8819/01 Paper 1 1 September 2011 3 hours Additional Materials: Answer Paper READ THESE INSTRUCTIONS FIRST Write your name‚ index number and CT class on all the work you hand in. Write in dark blue or black pen on both sides of
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Business and Economic Environment Assignment Brief Assessment Activity Front Sheet This front sheet must be completed by the learner and included with the work submitted for assessment. Programme Advanced Diploma in Contemporary Contexts Unit Module Business and Economic Environment Learner Name Assessor Name Lilian Onuegbu Date Issued 21 February 2014 Hand in Date 16 May 2014 Submitted on Internal Verification Yes
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