Question 1: Assume that Econoland produces haircuts and shirts with inputs of labor. Econoland has 1000 hours of labor available. A haircut requires ½ hour of labor‚ while a shirt requires 5 hours of labor. Construct Econolands PPF. Answer 1: To construct Econolands Production Possibility Frontier (PPF) we first need to understand what is a PPF. A production possibilities frontier (PPF) is a graph showing the different quantities of two goods that an economy can efficiently produce with limited
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Advocating for more Social Workers in the Oklahoma City School District Advocating for more Social Workers in the Oklahoma City School District School social work has been dated as far back as the 1900s when its services was implemented into schools in the northeastern parts of the US‚ such as New York. During this time the need for school social workers was evident due to the Great Depression and the increase in federal legislation concerning school laws (Dupper
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No matter what happens‚ there is always a moral behind the story. It is also very important for our children to know what is the root to their failure and their disappointment. Most of the time‚ children will start to blame others for their failure and disappointment rather than thinking of what they have decided to do and their own behavior. By right parents and friends should guide our children and teach them how to deal with their problems‚ to learn from their mistake‚ gain experience and then
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Unit 2 Macro-Trend Analysis BUS 620 Larry Fiegle Tina Haller May‚ 3‚ 2012 Hybrid Vehicle Macro-Trend Analysis Introduction As gas prices continue to rise‚ people have started to trend toward more energy efficient means of transportation. Hybrid vehicles have an electric motor along with rechargeable batteries and have an increased efficiency of up to 50 percent. There is an onboard computer that switches between gas and electric power. The hybrid car runs on the energy of the battery when
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looking at the Classical economics theory‚ it is based largely on the thought that free markets can adjust themselves if left alone. Adam Smith‚ the founder of the Classical economics school of thought and author of ’The Wealth of Nations‚ ’ states his thoughts as "there being an invisible hand (and automatic mechanism) that moves markets towards a natural equilibrium‚ without the requirement of any intervention at all" (Nikaido). He believes that eventually the free market will lean toward equilibrium
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FIN-516 – WEEK 2 – MINI – CASE ASSIGNMENT 1. What is the name of the company? What is the industry sector? General Electric Industrial Goods 2. What are the operating risks of the company? 3. What is the financial risk of the company (the LT debt to total capitalization ratio)? Debt to equity = Total debt ÷ GE shareowners’ equity = 11‚589 ÷ 116‚438 = 0.10 4. Does the company have any preferred stock? (shares/book value/market price and value) GE does not have any preferred
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Top of Form Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. Date Taken: 10/13/2013 Time Spent: 2 h ‚ 49 min ‚ 52 secs Points Received: 52 / 100 (52%) Question Type: # Of Questions: # Correct: Multiple Choice 9 5 Essay 1 N/A Grade Details - All Questions 1. Question : (TCO D) A stock just paid a dividend of D0 = $1.50. The required rate
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c) positive economics‚ but not normative economics. d) the establishing of an overall view of the operation of the economic system. 5. Any combination of goods lying outside of the budget line: a) implies that the consumer is not spending all his income. b) yields less utility than any point on the budget line. c) yields less utility than any point inside the budget line. d) is unattainable‚ given the consumer’s income.*** 6. In deciding whether to study for an economics quiz or go to
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>> >> 4 Chapter 1out of 4 Macro Environmental Analysis >> >> 2 0 >> 1 >> >> 2 >> 3 >> 4 3 >> >> 4 >> ana l ys i s o f t he c u r r en t s i t ua t i on 1.1 Macro environmental analysis - Being exposed to the news allows you a higher level of awareness of the business environment. - Certain environments influence your business more than others. - What are those environments? www.MarketingPlanNOW.com >>
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I believe the three videos show good examples of the macro level approach. They provide help to the community and at the same time‚ they help individuals to feel better. In the video Women of Hull House‚ I think it started more as a micro. They were helping the people that were living in the house; however‚ it became macro after they kept adding more services and programs that were beneficial for an entire community. “They provided community services‚ supported unions‚ and undertook vigorous crusades
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