1 . Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases Answer : A. producer surplus increases 2 . An increase in the price of an inelastic good A. decreases revenues B. decreases the percentage change in quantity less than the percentage change in price C. increases revenues D. increases the percentage change in quantity more than the percentage change in price Answer: C. increases revenues
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the values and mission statement help to shape planning. Also give some internal and external factors that may influence the business in the future and explain how they will influence the business. Respond substantively to two other learners. 1. Dunkin’ Donuts Dunkin Donuts core and distinctive competence is the ability to market and sell baked goods and coffee. The Dunkin Donuts mission statement is“Dunkin’ Donuts will strive to be the dominant retailer of high quality donuts‚ bakery
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BLE-215 March 18‚ 2013 BLE 215: Midterm Question 1 The difference between shareholder and stakeholder is that shareholders are individuals who own stock in a company in hopes of making a profit. On the other hand‚ stakeholders are individuals who have an interest in a company‚ or any organization and are affected by what happens within the institution based on rules. In this article‚ Joseph Johnston argues‚ “Stakeholder theory sounds good in social theory but will not work in practice.” In other
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1.2a What is your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that
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The qualities a Medical Administrative Assistant should possess‚ there are many of these here are just a few of these qualities the M.A shall possess. Which include people skills‚ communication skills‚ analytical skills‚ planning activities‚ and computer skills. A realistic example of one of these qualities would be; if a patient comes into the office very irate and upset about the amount they were charged on their bill. Having good people skills will help you out with calming the patient down and
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1.1 Interrelationship between consumer behavior and marketing concept Marketing comprises of all the activities and tasks undertaken to promote and sell the product to the end consumer. It encompasses a wide array of techniques that can be used to push the product/service to the consumer and get them to pay for the same. Marketing can also be done for non-selling objectives like brand awareness‚ recognition‚ brand image enhancement etc. In essence‚ marketing concept creates a value for the customer
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Jan 18‚ 2014 The research paper I read was called Relationship between dispositional mindfulness and substance use. The purpose of this paper is if you increase the hours of mindfulness or meditation then that will decrease the number of cravings for the substance in question. The methods used in this lab were they used an outpatient substance abuse program where each subject had to complete an inpatient program‚ there were 281 participants. They then separated them in to groups by race‚ sex
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University of Phoenix Material Terms and Definitions Worksheet Write brief descriptions for each of the following terms. If you use an outside source to define them‚ include an APA citation for the source. |Scientific method |principles and procedures for the systematic pursuit of knowledge involving the recognition and formulation of a problem‚ the collection of data | | |through observation and experiment‚ and
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40. What does it mean if two quantities vary directly? If two quantities vary directly‚ it means that they change in the same direction. 41. In your own words‚ explain how to solve a variation problem. To solve a variation problem‚ I would need to be able to solve one-step equations‚ linear equations‚ and possibly literal equations. 42. What does it mean if two quantities vary inversely? It means that the values of the two variable change in the opposite direction. 43. Explain what
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DEPARTMENT OF POLITICAL SCIENCE IOWA STATE UNIVERSITY POL S 215 – SECTION 3: INTRODUCTION TO AMERICAN GOVERNMENT FALL 2013 MONDAY‚ WEDNESDAY & FRIDAY 2:10 PM – 3 PM 1652 GILMAN Instructor: Dr. Valerie Hennings vmh@iastate.edu Office: 545 Ross Hall Office Hours: 9 - 11:30 a.m. Tuesday & Thursday and by appointment Teaching Assistant: Bobbi Newman bnewman@iastate.edu Office: 515 Ross Hall Office Hours: 11:30 a.m. - 1:30 p.m. Monday‚ Wednesday & Friday and by appointment PURPOSE
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