Task 1: explain how market structures would determine the pricing and output decisions of twinnings. Market structure: The interconnected characteristics of a market‚ such as the number and relative strength of buyers and sellers and degree of collusion among them‚ level and forms of competition‚ extent of product differentiation‚ and ease of entry into and exit from the market. There are some determents of market structure which are The level of entry and exit barriers Identity of products
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A Friend in need is a friend indeed Who is a friend and what is that which is known as friendship? It is the connection that generally exists between two individuals who are not related to one another on account of any family ties. It is also possible that people who are close relations too can become friends. Here we are dealing with this kind of friends although there is another category of friends spread beyond national boundaries. This category is known as pen friends who begin their relationship
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are in need or difficulty is a true friend. In our daily life we come across people who over a period of time become close to us. But we cannot be sure if they are true friends or just fair-weather friends. Many people develop contacts with influential people for their benefit. It will be a great mistake if one considers these apparently close people as friends. The test of true friendship is in time of difficulties.On the other hand‚ the fair-weather friends disappear in times of trails. They
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Benefits of Online Shopping: 1) Convenience: The convenience of this method of shopping is the best advantage of online shopping. One does not have to wait in a line or wait till the shop assistant is ready to help with the purchases. Shopping can be done in minutes even if one is busy apart from saving time and avoiding crowds. Online shops give the opportunity to shop 24 x 7 and also reward us with a ‘no pollution’ shopping. There is no better place to buy information products like e-books. Immediately
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Everyone has someone they consider a best friend. That best friend is like no one else. You can tell them all your secrets without fear of them getting out. They’re the person you can act like a nerd with‚ and know they’re going to be just as nerdy‚ like two peas in a pod. I’ve known my best friend since I was in the third grade when she moved and came to my school. Today‚ we’re still going to school together‚ and are better friends than ever. We’re like good wine‚ we get better with age. We have
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conventional method of shopping over e-shopping. With the introduction of the Internet‚ the world has become a smaller place. Buying and selling items through the Internet can be done in seconds. At the click of mouse and in the blink of an eye‚ billions of dollars are exchange via banks‚ from country to country‚ across the oceans. In the face of such excitement‚ one wonders whether the conventional method of shopping will continue to exist for long. I feel that although e-shopping is slowly becoming
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Compare and contrast shopping online with shopping in actual shops In current society‚ shopping has been a big part of peoples’ lives and it is becoming more and more popular. However‚ nowadays‚ science technology is more developed and more modern than before. Therefore‚ a lot of people are choosing online shopping. Between conventional shopping and online shopping‚ there are some advantages and disadvantages. Some people think shopping on the internet is suitable for the main reason that it is
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difference between a real friend and a fake friend. Some qualities in a good friend are they are trust worthy‚ they listen to your thoughts‚ concerns and issues‚ and you can tell them stuff without them judging you. If someone doesn’t always use these traits it doesn’t make them a “bad friend”‚ people make mistakes and as people ourselves we should forgive and forget because one of these days were going to mess up too‚ it happens to all of us‚ when we mess up we are going to expect others to forgive
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A friend in need is a friend indeed An excellent friend is a person we enjoy spending time with. A good friend is not only someone to talk to about the interests‚ but also someone who is willing to listen to the opinions and keep all secrets.We cannot expect friends to accept everything‚ but they should respect the rights of one each otherand have their own ideas. It is easy to be friends with many people‚ but good friends are the ones whom we always depend on and we cherish the happy moments spent
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Best Friend My best friend betrayed me by talking about me behind my back to my other friends and I learned to be more careful when choosing my friends. My best of 6 years started saying horrible things about me to my other friends. She was someone I trusted and told everything to. After this whole friendship drama happened I have learned to be more careful and not so open when choosing my friends. My best friend of 6 years betrayed me by talking about me behind my back to my other friends. We
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