Explaining hypertension to a 63-year old man with an 8th grade education: Hello sir‚ the doctor wanted me to come in and talk to you for a minute. I understand that u have just been diagnosed with hypertension. I want to make sure you understand what that is and what goes along with it. Hypertension is just our fancy word for high blood pressure. Blood pressure is the amount of pressure that your blood is putting on the walls of your arteries. Now most people don’t even realize they have high
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Predatory pricing is a practice in which a company attempts to gain control of a market by cutting its prices to levels well below those of competitors‚ so that those competitors go out of business because they cannot match those prices‚ or they cannot sustain lowered prices because they lack capital. This tactic is illegal in many regions of the world‚ although it can be very difficult to prove that a company is really engaging in predatory pricing. Some economists have suggested that this practice
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Products‚ Services‚ and Prices in the Free Market Economy Starbucks Corporation (Starbucks) is considering whether to increase or decrease the price of their product in order to increase revenue. Deciding upon which direction to go with the price depends upon the price elasticity of the product. According to the law of demand: “All else equal‚ as price falls‚ the quantity demanded rises‚ and as price rises‚ the quantity demanded falls. In short‚ there is a negative or inverse relationship between
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for their product that was not freely available. For example‚ most people have to order their iPhone 4s’s ahead of time‚ because the product is scarce. Scarcity also brings out rationing‚ which in this case the people who have extra money for an Apple product are normally the people that will get this product first. People also have a choice to select one product over another. Some of these people are waiting in this store because they have made the choice of selecting this Apple product over another
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Transportation Cost & Pricing Transportation Cost & Pricing Compare and contrast the cost structures of rail‚ motor carriers‚ and air. When you compare the rail cost structure to that of the cost structures of the motor‚ and air carriers‚ you will see that the rail carriers have a high structure cost. “One of the characteristics of railroads as previously noted is the level of fixed costs present in their cost structures.” (Coyle‚ 2011) These fixed cost exists because the ownership of
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adequate price is not an exact science. Several issues should be taken into consideration prior to a business determining a price for its products and services. Pricing is a key determinant in the decision making process customers use to purchase a product or service. It is important to establish how much the target market will pay for the product or service. The fastest and most effective way for a company to realize its maximum profit is to get its pricing rights. The right price can boost profit faster
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Concerns of inclusion: 1. Teachers may not know much about student’s disabilities education of disabilities. Some are not always prepared the way they should be to assist student with disability 2. Some teachers may need to be more educated on inclusion and may not know much about it. They at times need resources‚ training‚ and other supports available to support children 3. Children may not be getting enough of the assistance they need like one-on-one or small group to effectively learn.
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Economics of Competition Policy in India: Emerging issues Rajeev C.Bharathan‚ Background Generally in economics‚ competition is seen as rivalry among firms for a larger share of the market‚ which leads to efficiency in production and lower prices for the consumers. Competition can be defined as a process by which cost efficient production is achieved in a structure where entry and exit are easy‚ a reasonable number of players (producers and consumers are present) and close substitution between
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The Yield Curve is very similar to the term structure except that it is based on coupon bond yields whereas the term structure is based on only pure discount bonds. In looking at the current Yield Curve we can see that the general shape is that of an upward-sloping structure. In relation to anticipated future inflation this curve indicates that inflation is expected increase which is evident by the increasing size of the inflation premium wedge that is causing the overall curve to slope upward
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Building an Ethical Organization Part 1 Tonia M Woods HSM/230 Ethical Issues in Human Services Organizations October 19‚ 2014 Kristin Gage Building an Ethical Organization Part 1 The following counseling center description is a fictitious organization which has been modeled as if I were the director. The organization description provides for a mission statement and values statement which blueprints the ethical development of the organization. I have further modeled this organization on psychological
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