while in banana production it is 2. a．Graph out the production possibilities frontier: b．What is the opportunity cost of apples in terms of bananas? [pic] c．In the absence of trade‚ what would the price of apples in terms of bananas be? In the absence of trade‚ since labor is the only factor of production and supply decisions are determined by the attempts of individuals to maximize their earnings in a competitive economy‚ only when [pic]will both goods be produced
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Content I. Vertical Integration II. Horizontal integration III. Economies of scale IV. Economies of scope V. Economic efficiency VI. Proprietary(property or ownership) Know-how VII. Monopoly VIII. Oligopoly IX. perfect competition (pure competition) business definition X. workable competition business definition XI. Cost leadership XII. Differentiation (economics) XIII. Barriers to exit XIV. Inventory flow XV. Incoterms XVI. Multinational Corporation
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Was the Galleon Trade beneficial to the Economy of the Philippines? Well some of not all of them are beneficial to our country. The good effect or benefits that we get from the galleon trade is they were able to prolonged the colony of Spain It was the main source of income for both the government and the church leadership It maintained the natural resources of the country It opened the doors to the westerner countries for the conceptualization and adaptation of the modern technologies It manifested
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The Ojibwe Indians‚ also known as the Chippewa indians‚ are located all around the great lakes. They are the second largest indian population in Canada and the fourth largest indian population in the united states. The Ojibwe speak the language Anishinaabe‚ part of the algonquian linguistic group‚ which is still widely spoken today by elders. Anishinaabe has a somewhat developed form of pictorial writing system; most of which was recorded on birch bark scrolls and on rock. The use of petroforms‚
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The New World‚ Trade and Slavery go a long way in determining the history of the world‚ because one act led to the other. The Europeans brought about the new world for trade purposes‚ and slaves were used to make sure that the trade never stops existing‚ and the Americas brought about the resources needed. The new world is a term used specifically in western hemisphere‚ which originated in the 16th century‚ when Europeans made their conquest in what would later be known as the Americas. The Europeans
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fundamental to the lives of Indians today as sources of spiritual inspiration‚ cultural expression and pure entertainment. India is made up of several dozen ethnic groups‚ speaking their ownlanguages and dialects‚ having distinct cultural traditions. Classical music The two main traditions of classical music are Carnatic music‚ found predominantly in the peninsular regions‚ and Hindustani music‚ found in the northern and central regions. Hindustani music Hindustani music is an Indian classical music tradition
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research‚ still believe that before any outsiders came‚ that Natives lived horrible lives; never had enough food‚ weren’t that intelligent‚ and had no concept of “civilized life.” Of course the reality was the complete opposite; numerous generations of Indians had already inhabited the area‚ developed survival techniques to suit particular areas‚ established small/large communities‚ appointed leaders‚ kept in contact “with their
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Trade and Finance Trade and Finance Speech Today the current state of the United States macroeconomy will be discussed. Over the past three years the government has experienced economic growth and falling employment since the recession ended. However‚ this has been the weakest rebound from a recession after World War II ((Sivy‚ 2013). The unemployment is higher than it should be‚ and the economic growth has slowed down dramatically. Our citizens who have secure jobs and a stable home the
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INTERNATIONAL TRADE Pre-requisite Courses and Assumed Knowledge and Capabilities Prices and Markets or equivalent Course Description International Trade is a final year course that covers the economic theory of free trade and of intervention in the trade process. It is designed as an applied course that aims to help students integrate their knowledge of economic analysis with the fundamental determinants of the size and pattern of the gains from international trade. Students will learn to
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Blue ocean strategy is a business concept that focuses on doing business along the line where there is no competitor or little or no competition; rather it seeks to create new opportunities for business instead competing for space in the already saturated horizon. It does this by either creating entirely new product in a market or reinventing already existing product in such a unique way that will meet the needs the of the market in a way that has not existed before. It adds value to the market while
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