1. According to p. 117 in Ch. 5 of the textbook‚ what are the four characteristics that define intimate relationships? Why does building relationships involve a degree of risk? The four characteristics that define intimate relationships are emotional availability‚ emotional attachment‚ and behavioral interdependence. When you meet someone new rather it is an intimate relationship or building a new friendship‚ it is always hard because you have to build trust and get to know that person. Then there
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Characteristics of Monera The following points related to Monera characteristics will help you understand the kingdom of classification better. • Monera are about 1 micrometer in size and complex as living molecules. • The Monera cell structure is mostly unicellular and some organisms that form groups or filaments. • These organisms are the simplest prokaryotic cell structures. • The Monera cell structure lacks nuclei and many other cell organelles. • They have a cell wall made of polysaccharides
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Artist created music for pleasure‚ but is now a monetized industry‚ made up of risks and investment. 1.1 Key stakeholders and structure of music The music industry is formed by many different stakeholders ‚ all useful and necessary to run this. The music must surely be first of all created and then later become known. To succeed in this there are some key roles in the music industry Most important and essential roles are : ARTIST AND COMPOSERS : can be classified
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Required: Calculate cost of goods sold for the year. (Omit the "$" sign in your response.) Cost of goods sold Worksheet $ Difficulty: Medium Learning Objective: 06-2 [The following information applies to the questions displayed below.] During 2010‚ TRC Corporation has the following inventory transactions. [cal2a] Date Jan. 1 Apr. 7 Jul. 16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of units 32 128 184 102 446 Unit cost $ 31 33 36
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Chapter 1 The Big Ideas in Economics Think of why some goods should be allocated by money while some not. Why demand curve is downward sloping? Two effects: 1.Substitution effect (dominent) 2.Income effect (small) The demand&supply curve can be read horizontally or vertically. You should be familiar with both ways of reading. Chapter 3 Supply&Demand Concepts: 1.A normal good: a good for which demand increases when income increases. An inferior good: a good for which demand decreases
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pre-determined cost structure to account for and control expenses. WaMu primarily realizes transaction costs‚ fixed costs‚ and variable costs. Because WaMu doesn’t provide free services per-say‚ the sunk costs of the structure are fairly minimal. Transaction costs constitute the next smallest portion of WaMu’s cost structure. WaMu is free of infrastructure based transaction costs like those that smaller retailers who use point of sale services might incur. The primary transaction costs are the commissions
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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Q1: explicit costs and implicit costs concepts Explicit Cost Explicit cost is defined as the direct payment which is supposed to be made to others while running business. This includes the wages‚ rents or materials which are due in the contract. The explicit cost is the expense done in business which can easily be identified and accounted for in the business at any stage. The explicit cost represents the out flows of cash in clear and obvious terms. When any out flow of credit occurs in a business
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Hult Managerial Economics Don Uy-Barreta Lecture notes – Week 1 Chapter 1 – Microeconomics: A Way of thinking about business (and life!!!) The bottom line Property rights are crucial to the efficient allocation of resources that are depleted or devalued in some way when used and when transaction costs are low. They can be a problem when transaction costs are high and the use of the resource does not deplete the resource or devalue it. 1) What is economics about? a) What and how much
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Cost Classifications and Estimation 2.0 Introduction Cost classification may be defined as ‘the arrangement of cost items in a logical sequence having regard to their nature and purpose to be fulfilled’. The term cost must be qualified when in use in order that its precise meaning is established in a particular situation; however‚ cost refers to the amount of resources that have been diverted from other uses or sacrificed so as to achieve the desired objective. But the term is used to refer to
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