Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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ECON 1020 Principles of Macroeconomics Assignment 1 Question 1 (10 marks) (a) The relative scarcity of resources makes the operation of any economy a matter of choosing between alternatives.” Explain. The world has limited resources and us‚ as people have unlimited wants. Therefore‚ we must constantly make decisions to choose what we would rather buy or produce and what we must give up in its consequence. This includes work and time. For example‚ studying for an exam late at night would give
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Rs. 21.69 bn in the previous year. Standalone EBITDA impacted by 6.6% to Rs.30.92 bn in FY08 from Rs 33.12 bn in FY07; EBITDA margin stood at 10.76% in FY08 as compared to 12.06% in the previous financial year. Following are the main macro environmental factors from FY08 that had direct bearing on the company’s revenue and profitability figures: GDP Growth Encouraged by the continuing thrust in investments which grew by 31.6%‚ the GDP growth in the third quarter of fiscal 2008 came in
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ENVIRONMENTAL MANAGEMENT ASSIGNMENT - 1 1) Relevance of Environmental Management course in Management curriculum. Environmental management course is very much required in the B-school curriculum. Environmental management can be so important because our environment gives a part of what we are whether our culture are dirty people or clean‚ it is also nice to live in a nice‚ clean place which is not polluted. It is also important to get people live in that place if a certain city‚ country
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➢ Environmental pollution is contamination of air‚ water and land from man-made waste that causes instability‚ disorder‚ harm or discomfort to the ecosystem i.e. physical systems or living organisms. ➢ Pollution leads to depletion of the ozone layer‚ global warming and climate change. ➢ Pollutants are the elements of pollution. A pollutant is a waste material that pollutes air‚ water or soil. Three factors determine the severity of a pollutant: its chemical nature‚ the concentration
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Protecting Against Macro Viruses Marques Tate Rasmussen College This paper is being submitted on February 23‚ 2014‚ for Tina Grezinski’s D181 Excel course. Protecting Against Macro Viruses Many applications‚ such as Microsoft Excel and Word‚ support macro languages. A macro virus attacks these kinds of applications‚ infecting the documents and template files. So if your computer has a macro virus‚ and you use a word template file to make a new document‚ it ’ll also become infected
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animal‚ and plants. In general‚ Environment issues are defined as problem with planet’s system that has developed as a result of human interference of the planet. The planet is suffering due to may affect people‚ societies‚ and ecosystem. The major environmental issues that are facing the world today are pollution‚ overpopulation‚ and global warming. One of the biggest problems facing the world today is pollution. Pollution is a serious issue affecting our planet today. Many people are responsible for
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The importance of environmental protection Environmental protection is an increasingly pressing issue all over the world. Ozone depletion‚ green house effect‚ global climate changes or global warming‚ etc‚ are the main issues in environment. Recent years‚ many countries and various organizations have paid more attention into environmental protection. A treaty about global environmental protection was discussed by 192 nations in Copenhagen in December 2011. But I fell every individual
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When studying ageism it is important to study how social norms contribute to people behavior and interaction on the micro‚ meso‚ and macro levels. On the micro level a person immediate surrounding such as family weigh highly on how people see each other. Within the micro level‚ I defined ageism as multiple-generational of negative dispositions‚ beliefs‚ thoughts‚ and philosophies owned by individuals and families through influences of religious beliefs‚ rituals‚ and family values. Whereas‚ the meso
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Environmental Factors Amy S. Rivera MKT 421/Marketing Mr. Jim Severnak October 19‚ 2008 Introduction This paper will discuss Coca-Cola’s organization as this company conducts both domestic and global marketing. The high-level domestic and global environmental factors that will impact the organization’s marketing decision will be discussed‚ as well as how technology impacts the organization’s marketing decisions. The author will also analyze the importance of social responsibility and
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