4.4ai. The price elasticity of demand is given to calculate the new price. The fruit stall has 100 peaches initially but 10 peaches are rotten. It means the number of remaining peaches is 90 units. Therefore‚ the question provides the factors such as initial quantity‚ new quantity‚ initial price which are 100‚ 90‚ 1 respectively. Let the new price be x. Therefore‚ we will choose $1.2 per unit as the new price to sell the remaining peaches. 4.4aii. Case 1: If I do not discover the
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Contents Introduction 2 Section One The Introduction and Operation to the New Computer System 2 Introduction to Opera System 2 Installing the new system and training the staffs3 The benefits of install the new computer system in areas of customer care and marketing4 Speed check-in and check-out with the new computer system5 Section Two The New Pricing Packages 6 Introduction to the New Pricing Packages6 Section Three The Proposal of New Equipment in the
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shows the price of aluminium over the past six years. It can be seen from Figure 1 that the price of aluminium has fluctuated a great deal during this period. For example: between July 2008 and February 2009 the price fell by 57%; in August 2009 alone the price rose by 16%. In an essay of 1500 words or fewer‚ use economic analysis to explain changes in the price of aluminium over the period shown in Figure 1 and why the price fluctuations have been so great. Figure 1: The monthly LME spot price for aluminium
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between what are perceived as well-defined and homogeneous entities: the organization and the nation-state and offering tools to handle cultural differences seen as sources of conflict or miscommunication. Hence‚ there is a pressing need to understand the cultural diversity and exercise proper measures to manage it. This paper explores the factors affecting crosscultural management in R&D projects using Principal Component Analysis (PCA). Using the method of PCA‚ this paper explores the factors affecting
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Price Elasticity Elasticity‚ in layman terms can be defined as the ability of an object to stretch or transform in shape‚ and return to its original form. This definition can be applied to many facets of life. In business we say that it is a measure of responsiveness; ‘measure’ being an expression that suggests numerical factors. In economics‚ elasticity is commonly measured in the price elasticity of demand‚ and the price elasticity of supply. Price elasticity of demand is the measure
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Price elasticity of demand Marija managed to explain perfectly what is the price elasticity and what are the factors that affect it: availability of substitutes and time. In overall‚ it is a very scholastic presentation since Marija gives in detail how the demand of goods is changing according to the availability of substitutes‚ the fluctuation of the price of goods‚ and what impact they have on the consumers if all the other factors are being stable. Though‚ there is a point of which I would add
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House of Asterion‚ written by Jorge Luis Borges‚ is a short story that takes a first person point of view of a Minotaur named Asterion. The story is about Asterion’s life style and how he occupies his time. However the reader doesn’t find out that Asterion is a Minotaur until the very end of the story. Without this key piece of information the reader cannot view Asterion as a regular person. Another important part of the story that is left out is how his house is labyrinth. This again makes it easier
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MBA 617 Assignment 1 Food Price Rise in India Akshaya Pandey‚ Chandan Jha‚ Gyan Vikas‚ Tarun Rawat Food price rise in India Last couple of months have seen sharp increases in food prices in India. The inflation in prices of basic food materials has raised alarms for the government as well as for common people. According to figures released by commerce industry on 18th Feb 2010‚ the annual inflation in food prices rose to 17.97% for the week ended on February 6‚ as compared to 17.94% in previous
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House of Commons Past Paper C) To what extent is the House of Commons effective in carrying out its various functions? The House of Commons has many functions including those of passing effective legislation‚ representing the views of the people they represent and holding the government to account to ensure that all decisions made are based purely upon the desire to benefit the public and to scrutinise all the actions of the executive. The House of Commons operates under a Whips system‚ whereby
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Buying a House Buying and owning a home is a part of the American dream. For many people‚ it’s the biggest financial transaction they’ll ever make. That’s why doing it right the first time is so important. Sometimes‚ buying a house can feel like a dizzying set of rules and regulations. Luckily‚ armed with the right knowledge and know-how‚ you can start realizing your homeowner dreams. The first time buyer should know how to get his financials in order‚ how to start looking for houses‚ and finalizing
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