CostEconomic SystemMarketProfitDemandSupplyElastic- Economics Final Exam Study Guide Name_________________________________ InelasticPartnershipCorporationSole ProprietorshipMonopolyOligopolySurplusShortageIncentiveWagner Act of 1935Collective BargainingBoycottAntitrustGross National Product (GNP)EquilibriumFree Enterprise SystemEntitlementsFiscal policyMonetary PolicyConsumer Price IndexEquilibrium PriceComplementsEffective Demand- Economics Final Exam Study Guide Name_________________________________
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1. Below is a list of topics in usually studied in economics. Determine whether each topic deals under the area of microeconomics or macroeconomics. a. How Bangko Sentral ng Pilipinas influences the consumer spending in the Philippines. b. How a household decides what LPG brand to buy. c. How a firm decides whether to continue business or shutdown. d. How debt affects the income gap among Filipinos. e. How new parents decide whether to work or stay at home with their children. f. How the
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Chapter 5: Water and Seawater Review Questions (2‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 11‚ 12‚ 14‚ 16‚ 17) 2. Describe what condition exists in water molecules to make them dipolar. The bent geometry of water molecule gives a slight overall negative charge to the side of the oxygen atom and a slight overall positive charge to the side of the hydrogen atom. This slight separation of charge gives the entire molecule an electrical polarity so water molecules are dipolar. 4. How does hydrogen bonding produce
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Total Revenue (TR‚$’000) Marginal Revenue (MR‚$’000) Total Cost (TC‚$’000) Marginal Cost (MC‚$’000) Average Cost (ATC‚$’000 per minutes) 90 100 9000 --- 5000 --- 50 80 120 9600 30 5500 25 45.83 70 140 9800 10 5700 10 40.71 60 160 9600 -10 6000 15 37.5 50 180 9000 -30 6400 20 35.56 (b) The market structure of television broadcasting industry is oligopoly. As the television broadcasting industry requires license given by government‚ so it has barriers to
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1)The Principle of Utility is the belief that when a person has a number of options in a moral situation he should chose the one that results in the greatest amount of happiness for the greatest number of people. However‚ the definition of happiness is up to interpretation. I feel as though people should follow this principle in certain situations. For example‚ if you are faced with the choice of playing videogames by yourself at home or going out to dinner with your family you should chose the
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Learning activities (including How Science Works) Lesson structure Starter Seeing at night – Search the web for infra-red images‚ show them and see if the students can identify the objects. Can the students tell the hot parts from the cold? (5–10 minutes) Hand warming – Ask students to draw a diagram explaining why holding your hands in front of a fire warms them up. (5 minutes) How can you tell that something is hot? – What ways are there for identifying if an object is hot without touching
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assignment the essential underpinning principles of the nursing assessment process exploring what it is‚ why we do it and what factors influence the nursing process will be discussed. Also discussed in this paper will be the holistic aspects of the assessment process as well as an example of an assessment tool I used on a recent placement. I will explore the effectiveness of my assessment and highlight the disadvantages which I came across. Are the principles for assessment really the foundation of
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Experiment 10 - Flow Characteristics of Valves NAME: CHER SUNG KANG GROUP NUMBER: B21 EXPERIMENT NUMBER: 10 DATE OF EXPERIMENT: 28/11/2011 DATE OF REPORT SUBMISSION: 5/11/2011 MARK/20 (for demonstrator use): Introduction Aim: 1. Describe operation of various types of valves 2. Measure frictional losses due to flows through different valves 3. Identify sources of errors Background & theory: In this experiment‚ the relationship between volumetric flow rate and percentages
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begins with the collapse of Enron Corporation in 2001. This example illustrates how a company’s organizational design can affect its profit and likelihood of survival. It points to three critical elements of organizational design‚ which we refer to as organizational architecture. These elements include the assignment of decision rights‚ the reward system‚ and performance evaluation system. The chapter discusses the basics ideas behind economic analysis and how this framework can be used by managers to
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Ethical Principles 1. Contribute to society and human well-being. This principle concerning the quality of life of all people affirms an obligation to protect fundamental human rights and to respect the diversity of all cultures. An essential aim of computing professionals is to minimize negative consequences of computing systems‚ including threats to health and safety. When designing or implementing systems‚ computing professionals must attempt to ensure that the products of their efforts will
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