formula. (10) b) With the increase in price of tomato from Rs. 60 per kg to Rs. 120 per kg in westrigh market‚ the demand for tomato has gone down from 40 kg to 30 kg. Calculate the demand elasticity. (10) Q.4 a) Differentiate between average cost and marginal cost with the help of a table and diagram. (10) b) Differentiate between total revenue and average revenue under perfect competition and imperfect competition with the help of table and diagram. (10) Q.5 Write a note on the following: (10+10)
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Thinking and Decision Making In the following essay three different types of thinking styles will be analyzed. The three thinking types will be compared and contrasted‚ as well as applied to affects they have in the critical thinking process. Finally‚ critical thinking will be applied to the decision making process by using workplace examples. The first thinking style is emotional thinking. The emotional thinking style is probably one of the most familiar of the thinking styles. It would be hard
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Decision Making Process Paper Te’ Portia Sibley MGT 230 About three years ago I decided to change jobs. I was called by a former coworker about a position opening up in a new retirement community that was preparing for opening. I am a housekeeper at a retirement community. This was never a career choice for me‚ but instead a necessity. It has always been my goal to get out of this job field and I felt an opportunity has come. The position was for a housekeeping supervisor. I applied for the
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argument by contemporary sociology in trying to understand a current social issue This essay looks at the argument taken from a classical sociologist called Weber‚ throughout this essay it explains rationalization and how it has become modernized using Ritzer to explain this by demonstrating his McDonaldization theory. The theory will be clarified by contemporary sociologists by looking at their strengths and weaknesses and how rationalization relates to a current social issue such as globalisation
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Academy for Advance Learning Pune – Maharashtra - India BUISNESS DECITION MAKING Date of submissions 10.10.12 SUJIT KUMAR BEHERA Statement of Authenticity I certify that the work submitted in regard to this assignment is my own and wherever the works of others have been used to support my work‚ the credit has been duly acknowledged. Student Email : sujit.isms@gmail.com Date: 10.10.12 Business decision making [Type the document title] Extended Diploma in Strategic Management & Leadership
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I thought the movie “Two For The Money” was pretty good even though I‚ myself am not a big sports fan. I was surprised how somebody could change in an instant when given so much money at a young age. The movie itself starts off with a man by the name of Brandon Lang who is played by Matthew McConaughey. Lang used to play College Football who ended up getting hurt due to an injury. Since he couldn’t play he knew the in’s and out’s of Football and the teams. It was almost like he knew what the outcome
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Approaches to Decision Making 08/10/2013 Approaches to Decision Making Decision making in the workplace is something that all managers are faced with at one time or another during their careers. Some decisions are minor and some are major‚ but what we have to keep in mind is the decisions we make can make or break a company. Being the one who is faced with making these types of decisions can make our job more stressful‚ but thankfully there are steps we can learn to take
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5 2.2.1 Scenario Ⅰ Manufacturing Companies—Auto-making Firms 6 2.2.2 Scenario Ⅱ Service Industries—Banks 7 2.2.3 Scenario Ⅲ Other Industries That Have not Repetitve Processes—AdvertisingFirms 8 2.3. Standard Costing System on Different SIzes 9 2.4. Variance Analysis 9 2.4.1 Total Production Cost Variance 9 2.4.2 Marterials Variances 10 2.4.3 Fixed overhead Variance 11 2.5. Summary 12 3. Part Ⅱ—Relevant and Irrelevant Costs and Incomes 13 3.1. Definition 13 3.2. Scenario Ⅰ—Shutting
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teenagers. Although our generation might be more technologically focused‚ that doesn’t change the impression of our rebellion towards those older than us; The Catcher in the Rye by J.D Salinger demonstrates that this novel can still discussed as relevant today. Holden is still trying to get a grip at maturity as he is regardless a rebellious teenager‚ just as shown though our adolescents today. This kind of behavior and attitude grasps onto most high schoolers as they are trying to grow up
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of Cost-benefit analysis on industry decision making: Transportation Cost-benefit analysis (CBA)‚ in essence‚ is a tool for decision making. It can be applied to almost any kind of decision in any kind of field. In its most pure form‚ a CBA will aggregate the pros and cons (positive and negative effects) of a proposal‚ and‚ if the pros (benefits) outweigh the cons (costs)‚ the proposal is viable. Usually‚ the analyst will assign monetary values to each of the costs and benefits‚ hence making the
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