Summer2011-Microeconomics-Exam Two Practice 1. To calculate the total utility of consuming N products: A. add the additional satisfaction of consuming each product up to N and multiply by its price. B. add the total satisfactions of consuming each product up to N. C. multiply the additional satisfaction from consuming the Nth product by its price. D. multiply total satisfaction from consuming N products by N. 2. Suppose that the following table lists the utility that Steve receives from consuming oranges at 50
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main types of schools are: - Community schools - Independent schools - Foundation and trust schools - Voluntary schools - Specialist schools - Academies Describe the characteristics of the different types of schools in relation to educational stage(s) and school governance. Educational stages can be an early years stage‚ primary‚ secondary‚ higher and further education. They are marked as stages in England where children progress through a reception year and then for assessment purposes key stages
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Price setting is a key strategy decision. Pricing decisions affects the number of sales and amount of money a company makes. There are many ways to set prices‚ the simplest approaches are demand-oriented and cost-oriented price setting. Demand-oriented price setting approaches consist of Marginal analysis‚ price sensitivity‚ value in use pricing‚ and reference prices. Cost-oriented setting approaches consist of markups‚ Average-cost pricing‚ types of cost‚ and break-even analysis. Some price objectives
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this study was to investigate the communication issues that occur with a modern day tourism and hospitality organisation. The research initially indicated that communication skills regarding leadership were greatly affected by the leaders gender. Secondly‚ the communication technique persuasion combined with engaging formal workplace meetings was proven to be greatly beneficial for an organisation. Thirdly‚ communication techniques such as active listening‚ ‘I’ messages and timing was proven to assist
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to the war in Iraq‚ Syria and Ukraine‚ oil prices increased significantly as did the profit earned by many oil companies including PETRONAS. Politicians in Malaysia opposed the government policy to oil price increase by twenty cents and the withdrawal of oil subsidy. As a manager or policy implementer‚ discuss the pros and cons if this policy in the context of the various theories of profit. Introduction The government of Malaysia increased the price of oil by 20 cents and withdrawal of the oil
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1. Introduction The price of oil becomes the bone of contention recently. Oil price seems to be hitting new highs with the regularity of a metronome. It is a bad news for customers who have to pay more on it. More frightening still‚ this situation may get worse before it come back to normal. No one can exactly predict when the pendulum will soon swing back again since all uncertain factors existing. From the supply side of view‚ the OPEC is the main producer‚ being prepared to add or subtract production
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Modernist Analysis Unlike other organization theorists‚ modern theorists believe the best way to gain complete knowledge of the organization is to understand the how and why they function a certain way. Furthermore‚ they use diagnostic tools to pinpoint problems and understand how functioning can be influenced by different environmental conditions (Hatch & Cunliffe 2006). The modernist perception of organization theory can be described to encapsulate many intricate and differing ideas of various
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to achieve ….. Power is the opportunity to build‚ to create‚ to nudge history in a different direction” Discuss the above quotation and its relevance to acquisition and use of the traditional and managerial power bases within organisations POWER IN ORGANISATIONS Richard Nixon wrote‚ “The great leader needs the capacity to achieve.......Power is the opportunity to build‚ to create‚ to nudge history in a different direction”. In order to appreciate the above quotation‚ one must understand
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values and beliefs is its proverbs. Thai proverb show us about Thai lifestyles which is belongs to the river‚ temples and agriculture. So that why our proverb is reflect to Thai culture. (ended slide) All proverbs that you have seen are quite informative in that they are one way we impact wisdom from our culture‚ and they reflect our cultural values and beliefs. เข้าเมืองตาหลิ่ว ต้องหลิ่วตาตาม มาจากลักษณะนิสัยของคนไทยที่ เป็นคนชอบสันติ และ ไม่ชอบความรู้สึกที่แปลกแยกแตกต่างจากคนอื่น เพราะคิดว่าความแตกต่างอาจสร้างปัญหาได้
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In the world of computers‚ networking is the practice of linking two or more computing devices together for the purpose of sharing data. Some people ask why should I need to set up a home network. There are several advantages to setting up a home network. Often you might want a file or program they’ve downloaded from the Net to be available to all of the computers at home. With a home network files can be shared more conveniently‚ faster eliminating passing files around on floppies or CD and
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