Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
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Closed-loop Insulin Therapy Improves Glycemic Control in Children with Type One Diabetes. Type One Diabetes is a common endocrine problem in children and its rate is growing. The risk of long-term problems such as cardiovascular and microvascular could be reduced by improving glycemic control. In spite of the accessibility of therapeutic options such as self-monitoring of blood glucose‚ rapid-acting insulin analogues‚ planned patient education‚ and insulin pump therapy‚ glycemic control in the majority
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capacity at regasification terminals on both sides of the Atlantic * We have rights to existing US import capacity in Lake Charles‚ Louisiana and Elba Island‚ Georgia. * BG Group has been the largest supplier of LNG to the world’s largest gas market - the US - for the last five years * BG Group is the largest international oil company operator of LNG ships * BG Group has supplied 22 of the 22 LNG importing countries and sourced LNG from 10 different supplier countries * A leading
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at increasing economic diversity is needed. This creates demand for talents and labour of many dispositions‚ young agriculture graduates with limited job prospects from China can now come to Australia to fill the structural unemployment‚ workers with advanced experience in healthcare‚ aged care from Australia can be employed as consultants in the booming aged care industry in
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What explains the rapid growth of the internet? Why will it continue to grow at the same pace? Currently Australia is has a growing population. There is one birth every 1.7 minutes‚ one death every 3.6 minutes‚ a gain of one migrant every 2.2 minutes ‚ leading to an overall total population increase of one person every 1 minute and 18 seconds deducting the amount of deaths occurring. The media are systems or technology that assist and promote human communication (O’Shaughnessy & Stadler‚2008).
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universities are “competing with each other and with counterparts abroad for a share of this lucrative tertiary education market” (Liddicoat et al‚ 2003‚ pp.1-23 ). One only has to look at the international students page of any university website to find offers of language support‚ study skills sessions and cultural orientation programmes. In addition to this‚ many University staff in Australia have undertaken training and development in adapting their teaching styles and course content in order to better
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environment to live therefore it is necessary to make our own environment sustainable. “Governments around the world have realised that procurement is an important means of reducing their own environmental impacts and‚ more broadly‚ helping facilitate market creation for greener products and services.” (The Victorian Government 2006‚ 7) Two countries
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criminal‚ or are considered anti-social‚ which are committed by young people (Harambolos & Holburn‚ 2004‚ p.331). However‚ many deviant acts that are disapproved of are not defined as criminal. For example suicide and alcoholism are not illegal in Australia. Deviant behaviour can be defined as social problems reflect violations of normative expectations. Behaviour or situations that depart from norms are deviant. Deviant behaviour is caused by inappropriate socialization – for example‚ when the learning
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arrangements governing the ‘three pillars’ of the Basel II structural framework • do not employ strategies to avoid regulatory constraints and ; • recognise times of financial failure as ‘indicators’ to re-assess financial market regulation in the future. Why Financial markets need to be regulated The purpose of bank regulation is to ensure institutions act responsibly and take risk assessed decisions in order to safeguard system stability and control. Therefore there must be constraints on
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FITNESS INDUSTRY IN AUSTRALIA Service Industry Number of outlets – 3800 outlets in 2009 as per Australian Fitness Industry Survey 2009 (The Access Economics survey put the number as 1570 in 2007-2008‚ as compared to 974 in 2004-5) Number of people utilising their services: 1.73 million Number of people working in the industry 23‚000. Characterstics of fitness industry: * Low barriers to entry * Existence of different formats e.g. * Chains – franchise based * Single – could
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