Distinguish between diminishing returns and economies of scale (15 marks) In Business Economics‚ the short run is defined as the concept that within a certain period of time‚ in the future‚ at least one input is fixed while others are variable and the long run is defined as a period of time in which all factors of production and costs are variable. The law of diminishing returns is a short run concept‚ which states that increasing successive units of a variable factor to a fixed factor
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Socrates walks into a cave and confronts a strange man. MARCEOUS Socrates‚ we have some things to discuss‚ dear friend. SOCRATES And what might that be‚ Marceous? MARCEOUS I have watched you spread your wisdom to many. The young‚ the old‚ the rich‚ and the poor. You claim not to be the wisest man alive‚ but that is what truly makes you the wisest of any. You know when you do not. You teach others about things that you‚ yourself‚ do not even know. I told you I would return to you one day‚ to acquire
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Human Beings and Computers Can human beings and computers coexist in peace and harmony in the future? The poet and the author describe two totally different views‚ talking about the idea of coexistence. Our future will either be good or bad with questions to be asked as well. The poet‚ Richard Brautigan‚ describes the future as having hope and the computers take away freedom and work. The story written by Issac Asimov‚ writes about how computers is going to have a negative effect on the future
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of us think that computers are many many times faster‚ more powerful and more capable when compared to our brains simply because they can perform calculations thousands of time faster‚ workout logical computations without error and store memory at incredible speeds with flawless accuracy. But is the the computer really superior to the human brain in terms of ability ‚ processing power and adaptability ? We now give you the real comparison. Processing Power and Speed The human brain - We can only
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INTRODUCTION Production is a formal activity that adds value to goods and services‚ including creation‚ transport‚ and warehousing until used. Production is an organized process with specific goals. It implies the creation of a utility or services. Operation is that part of as organization‚ which is concerned with the transformation of a range of inputs into the required output (services) having the requisite quality level. Production function is ‘the part of an organisation‚ which is concerned
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HAM: Ham is a from a pig. Pigs live on a farm. Sadly‚ humans eat pigs for ham‚ pork and bacon. Bacon is good for the heart. Hearts are inside the human body. Without a heart‚ a human could not live. Without humans‚ our world would be over come with animals. Animals are important for the human world. Animals prove food‚ so humans can grow and become strong. Humans can exercise to strengthen their muscles. Muscles are very important for the human body. They are also very complex item in the body but
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Assignment 4: The Human-Computer Interface CIS- 106 Assignment 4: The Human-Computer Interface Haptic feedback‚ often referred to as simply "haptics"‚ is the use of the sense of touch in a user interface design to provide information to an end user. When referring to mobile phones and similar devices‚ this generally means the use of vibrations from the device’s vibration alarm to denote that a touchscreen button has been pressed. In this particular example‚ the phone would vibrate slightly
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declared "Archaeological World Heritage Site" by UNESCO (1994). I will look at both qualified peoples as well as those who write books. I will give you a few theories to whet your appetite. What are the Nazca Lines? About over 400 km (200 miles) south of Lima in the Peruvian Desert‚ there lies a plateau between the Inca and Nazca Valleys. The Nazca Valley was inhabited by a people who developed advanced farming methods that allowed them to build an irrigation system‚ improve their crops‚ and expand
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BSC (HONS) HUMAN RESOURCE MANAGEMENT BSC (HONS) BUSINESS STUDIES (PART-TIME) MODULE NAME DATE May 2011 TIME Hours NO. OF QUESTIONS SET 4 BASIC COMPUTER APPLICATION MODULE CODE CSE 1021 DURATION NO. OF QUESTIONS TO BE ATTEMPTED 2 Hours 4 INSTRUCTIONS TO CANDIDATES This question paper has 4 questions. Answer ALL questions. This paper has an attached answer sheet to answer multiple choice questions. Detach the answer sheet and tie it with your answer booklet. BASIC COMPUTER APPLICATION – CSE 1021
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lineup of games‚ downloadable movies and TV shows available from a console. The majority of consumers make the decision to buy consoles once the price falls to this mark‚ making this an important milestone for consumers and the industry." No matter what kind of game makes your heart race‚ Xbox 360 has something for everyone. History shows that more than 75 percent of all console sales happen after the price falls below the $200 mark. For millions of consumers who have been waiting for the perfect
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