Discuss the factors causing a shift in the demand and supply of a specific commodity. In economics‚ Demand refers to the quantity of a goods or services that consumers are willing and able to buy at a given price in a given time period. The law of demand stipulates that there is an inverse relationship between the price of a good and the quantity demanded‚ that is to say‚ if the price of‚ say‚ good X rises‚ it will decrease the quantity demanded of good X and the price of the good falls‚ this
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Work ethics and ethical behavior To understand what is the work ethics and what is meant by ethical behavior and what are the factors influencing the ethical behavior‚ we need to know the meaning of some key words. Ethics is a philosophical term derived from the Greek word "ethos" meaning character or custom and can be defined as the code of moral principles that sets standards of bad or good or wrong or right in one’s conduct. Work ethics can be defined as carrying out one’s business in a morally
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Factors affecting intellectual development There are two factors that greatly affect intelligence: 1. heredity 2. environment -Whichever has a bigger influence remains a debate until now because some studies proved that heredity has a bigger influence on intelligence while some studies showed the opposite. The important point is that the interplay of both heredity and environment is essential for maximum development of the intellectual abilities of the individual. Other factors affecting
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The question in the case is whether Kim should spend the fresh (2nd round) VC financing in Marketing and scale up the business or should focus the resources on fine tuning the existing product. Our recommendation is that the company should allocate around 70% of $4mn in marketing spend and 30% in product development and fine tuning the existing one. This recommendation is primarily based on the fact that the company should maximize the first mover advantage and develop barriers to entry by reducing
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much time they spend studying‚ whether they get involved with campus organizations‚ and how they interact with their professors and peers. This year the researchers‚ based at Indiana University at Bloomington‚ also assessed how the economy was affecting students at a subset of the 546 American colleges that participated. The survey examined students’ employment‚ finding that among freshmen‚ nearly 20 percent worked on campuses‚ and about 30 percent worked elsewhere. For seniors‚ those proportions
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What Factors Affect Chemical Equilibrium? Introduction: In investigation 14‚ “What Factors Affect Chemical Equilibrium?”‚ the purpose was to find out which reagents caused a change in the chemical equilibrium. A deep red color was formed when Iron Nitrate [Fe(NO3)3 (aq)] was mixed with water and Ammonium Thiocyanate [NH4NCS (aq)]. The product of these two reactants was Iron Thiocyanate(FeNCS). After different trials of mixing the given reagents
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main types factors that affect the food selection of adolescents and how each of these factors affect their diets. As a result of examining various internet websites and books about this topic‚ this report describes the 4 types of factors that affect food selection and the factors that influence the food selection of teenagers the most. Consuming food is vital for adolescents since they aren’t fully developed yet‚ and what they eat is influenced by various factors. The main types of factors are psychological
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different levels (Kim‚ 1988). In this essay‚ we will argue that the globalization of formula feeding‚ the promotion of bottle feeding through media‚ health systems and policies‚ societal pressures and health problems all serve as physical and social factors that reduce breastfeeding practices worldwide. To begin with‚ the global spreading of the phenomenon of formula feeding‚ greatly promulgated by the interests of commercial industries has widely contributed to the decrease rates of breastfeeding
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the extent to which some "information factors" or market indices affect the stock price. A model defined by Al-Tamimi (2007) was used to regress the variables (stock prices‚ earnings per share‚ gross domestic product‚ lending interest rate and foreign exchange rate) after testing for multicollinarity among the independent variables. The multicollinarity test revealed very strong correlation between gross domestic product and crude oil price‚ gross domestic product and foreign exchange rate‚ lending
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Factors affecting Group Development Leadership Style and Skills - This is the ability to persuade the group member to change and reflect the leadership style. Authoritarian leaders predominate compliant and dependent members Democrat leaders Persuade more active involvement Environment Physical factors ( space‚ temperature‚ seating arrangement) Space/room (location and set up‚ e.g. Lighting & ventilation‚ seating arrangement) Emotional factors (emotional climate‚ verbal and non-verbal
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