SUPPLY OF COAL. True False 4. THE LAW OF SUPPLY SUGGESTS THAT THE ELIMINATION OF AN EFFECTIVE PRICE CEILING ON APARTMENT RENTAL RATES WILL INCREASE THE NUMBER OF APARTMENTS AVAILABLE. True False IN ORDER TO OBTAIN A SUPPLY SCHEDULE‚ ALL RELEVANT FACTORS OTHER THAN PRICE AND QUANTITY SUPPLIED MUST BE HELD CONSTANT. True False [1 pts.] 5. [1 pts.] PRICE 6. THE MARKETMARKETIS THE PRICE AT WHICH THE CLEARS ITSELF OF BOTH THE SURPLUSES AND SHORTAGES. True False What kind of good is x if price
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Environmental Factors Affecting Firm’s Ability to Compete: A Retail Perspective Organizations that promote learning are better equipped to handle the ever-changing business environment. Retailers are no different. When an organization’s leadership plans for the future it must take into account principle environmental factors. A company’s ability to compete will be affected by how well the leaders have learned to identify those factors‚ to demonstrate their company’s significance‚ and to estimate
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0Lecture 3: Marketing Environment Scanning of the Marketing Environment – Opportunities or threats? Environmental Forces—Firms must monitor six major forces in the broad environment: Demographic Political-Legal Economic Technological Socio-Cultural Natural 1. Demographic Environment The main demographic force that marketers monitor is population because people make up markets. Marketers are keenly interested in the: Size and growth rate of populations in cities‚ regions‚ and nations. Age distribution
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divided into two sections that are External environment and Internal environment. And the external environment also divided into two parts‚ which are Macro environment and Micro environment. But in this section‚ I just discuss about Macro environment. The elements of macro environment can affect business decision-making in the long term and unstoppable. Macro environment contains of four elements‚ such as Politic and legislation‚ Economy‚ Socio-cultural and Technology. 2.1 POLITICAL AND LEGISLATION
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Hurricanes bring a lot of destruction and death. a specific hurricane event that took place was hurricane Sandy. Hurricane Sandy was a powerful hurricane that took place in 2012 along the east coast. Hurricanes can cause destruction to cities‚ and death to many people. First‚ hurricanes form in warm air‚ and low air pressure. Usually it is storming and or also raining. The warm ocean water heats the cooler surface low pressure air above the ocean. The Hot air rises till it cools down‚ after that
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IMPACTS OF POPULATIONS GROWTH Introduction Undoubtedly‚ the population growth is one of the most influential social issues in the recent years. As the earth’s population rises‚ the changes in different aspects‚ environmental‚ global economic and political‚ affect our individual life. Technology and advances in medicine have dramatically increased the average human’s life span. However‚ the important questions are that what impacts the growth of population has on you‚ how to get ready and adapt
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Discuss the environmental and social impacts of tourism in the UK and consider whether the benefits exceed the costs. Tourism is a fast growing industry and a valuable sector‚ contributing significantly to the economy (“The Social & Cultural Impacts of Tourism”‚ n.d.). It has been generally accepted that tourism is‚ for the most part and with relatively few exceptions‚ beneficial to both generating and destination countries (Holloway‚ 2009‚ p. 114). Some researchers are less sure that this
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Topic 2: The Ecosystem 2.1.1 Biotic: living factors or components‚ e.g. plants and animals. Abiotic: non-living factors or components‚ e.g. soil‚ water‚ wind‚ etc… 2.1.2 Trophic level: is the position that an organism or a group of organisms in a community occupies in a food chain. 2.1.3 A food chain shows the flow of energy from one organism to the next. A food web is a complex network of interrelated food chains. Producers (autotrophs): manufacture their
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MARKETING SITUATION ANALYSIS INTRODUCTION Enviroelectrics is a medium sized company with a focus on providing energy efficient‚ operator friendly products and is located in Port Melbourne with access to the bay and arterial roads for shipping and trucking of products. The company consists of a strong team with a management group that works closely with employees. The company is preparing to release a new microwave oven to the market and is in the initial planning and development stages. Prior to
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The United States‚ the third most populous country globally‚ accounts for about 4.5% of the world’s population. The U.S. population‚ currently estimated at 308.7 million persons‚ has more than doubled since its 1950 level of 152.3 million. More than just being double in size‚ the population has become qualitatively different from what it was in 1950. As noted by the Population Reference Bureau‚ “The U.S. is getting bigger‚ older‚ and more diverse.” The objective of this report is to highlight some
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