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
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CALIFORNIA snow cr ab‚ avoc ado & cu cu mber/ t o biko. 8 SEARED HAMACHI aged m is o‚ mic ro was a b i ‚ p i c k l e d j a l a p e no. 9 ALASKA sal mon‚ avoc ado & cu cu mber. 8 NEW YORK shr imp‚ avo c ado & cu cu mber. 8 SALMON SKIN sal mon skin‚ cu cu mber‚ shiso‚ kaiw are‚ gob o & ponz u. 8 ROCK ‘N ROLL bbq eel ‚ avo c ado & cu cu mber/ eel sauc e. 8 SPICY TUNA‚ HAMACHI‚ OR SCALLOP cu cu m b e r & ka iwa re. 9 TEMPURA SHRIMP kaiw are & avo c ado / sp ic y aio l i. 11 DRAGON t emp u r a shr
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The Macro Environment Analysis is traditionally the first step of a strategic analysis; it is sometimes referred to as an external analysis‚ a pest analysis or a pestle analysis. The purpose of the Macro Environment Analysis is to identify possible opportunities and threats to your industry as a whole that are outside the control of your industry. There are many factors in the macro-environment that will affect the decisions of the organisation. Tax changes‚ new laws‚ trade barriers‚ demographic
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Analyze the impact of global factors on UK business organization . Global Factor Global Factors can be defined as the environmental factors that affect the organization at global level. These factors can also be known as PESTEL (macro-environment). Organization’s future is linked to an increasingly global environment. Analyzing how global factors impact on UK business organization Political factors and legal factors Government policy affects the whole economy as well as business organization
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Outcome 2.1 Show macro and micro environmental factors which Influence marketing decisions -Gatorade is not PepsiCo official product in Vietnam but it isn’t produced in Vietnam ‚ it was imported from foreign country so the price of the product is higher and isn’t really suitable for Vietnam average income. There are two main environment elements which affect the price of the Gatorade: Micro environment -Competitors: There are many other products to choose in the soft drink market include
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Travel in the UAE Location: United Arab Emirates Scale: International Time: Current Sketch Map/ Diagram: UAE international airports In the box above draw a sketch map (in pencil and colors) locating the case study area with a main line of latitude and longitude. Include also scale‚ compass direction and surrounding settlements/bodies of water (whatever is relevant in terms of location). Facts/ Figures ( STEEP- LIST) Intro The UAE (United Arab Emirates) only has a population of about 8 million
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Introduction Emirates Airline is one of the most reputable Airline companies in the Asian continent and also in the world over. The Company has been in the business for the past twenty three years. Emirates Airline is owned by Dubai ’s government; where Dubai is one of the seven cities found within the United Arab Emirates. Thus company flies to ninety destinations found throughout the world and manages to reach about sixty different countries in the world. Dubai is the capital city of the United
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SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes: 1. Gross domestic product measures two things at once: (1) the total income of everyone in the economy and (2) the total expenditure on the economy’s output of final goods and services. It can measure both of these things at once because all expenditure in the economy ends up as someone’s income. 2. The production of a pound of caviar contributes more to GDP than the production of a pound of hamburger because the contribution to GDP
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PART I INTRODUCTION TO ECONOMICS Demand‚ Supply‚ and Market Equilibrium 3 © 2009 Pearson Education‚ Inc. Publishing as Prentice Hall Principles of Macroeconomics 9e by Case‚ Fair and Oster PART I INTRODUCTION TO ECONOMICS CHAPTER 3 Demand‚ Supply‚ and Market Equilibrium Demand‚ Supply‚ and Market Equilibrium 3 CHAPTER OUTLINE Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: The Circular Flow Demand in Product/Output Markets Changes
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MCD2090 Revision Tutorial ( T2‚ 2012) The following questions have been taken from the weekly tutorial questions. You are expected to attempt all of the following questions before you attend tutorial in week 12. 1. Topic: Saving‚ Investment and the Financial System Terms and definitions: * * Financial system * Financial market * Financial intermediaries * Market for loanable funds * Real interest rate * Investment tax credit * Budget deficit * Budget
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