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    Module 3 and 4

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    Vocabulary: Please define six (6) of the following terms in your own words. Please do not just copy and paste the definition. 1. Gravity- The force in which Earth attracts objects toward itself. 2. Inertia-An object at rest stays at rest 3. Potential Energy-The energy that an object has stored inside. 4. Kinetic Energy-Energy developed in an object while in motion. 5. Friction- 6. Traction- 7. Centrifugal Force- 8. Centripetal Force-Force that is directed to the center of the curvature.

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    Econ Answers Chapter 3

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    Econ Answers Chapter 3 The price of train travel increases by 10% and the demand for train travel falls by 12.5%. The price elasticity of demand for train travel is – -1.25 The short run (retail) supply of freshly cut flowers is much less elastic than that of pot plants because: -florists cannot keep freshly cut flowers as long as pot plants If demand drops to zero at the slightest increase in price‚ demand is: - Perfectly elastic Price elasticity of supply will be greater when: - firms hold large

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    Economics HW #4 (Chapter 5) 1.A firm can manufacture a product according to the production function Q F(K‚ L) K3/4L1/4 a. Calculate the average product of labor‚ APL‚ when the level of capital is fixed at 16 units and the firm uses 16 units of labor. How does the average product of labor change when the firm uses 81 units of labor? Saat (Capital) K = 16 (Labour) L = 16 Q = (16)0‚75(16)0‚25 Q = (8)(2) = 16 APL =Q/L =16/16=1. Saat K= 16 Q= 81 Q = (16)0‚75(81)0‚25 Q = (8)(3) = 24 APL =Q/L

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    18e Key Question Answer

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    18-2 (Key Question) Describe the major provisions of the Sherman and Clayton acts. What government entities are responsible for enforcing those laws? Are firms permitted to initiate antitrust suits on their own against other firms? Sherman Act: Section 1 prohibits conspiracies to restrain trade; Section 2 outlaws monopolization. Clayton Act (as amended by Celler-Kefauver Act of 1950): Section 2 outlaws price discrimination; Section 3 forbids tying contracts; Section 7 prohibits mergers

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    CASE 1 QUESTION 4

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    Works‚ and American company‚ and Vitro‚ a Mexican firm. Suggested Questions for Class Discussion 1. Did Vitro and Corning do enough research before engaging in a joint venture? 2. Was it wise to start with such a large venture? 3. Could some of the problems have been mitigated through cultural training during the joint venture? 4. Was two and one half years long enough to try to make the joint venture work? Was it too long? 5. What can the two companies do to prevent such situations from occurring

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    Prod Question 3

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    QUESTION 2: BRIEFLY DESCRIBE THE PHASES IN PRODUCT DESIGN AND DEVELOPMENT Product development is the process of creating a new product to be sold by a business or enterprise to its customers.  Design refers to those activities involved in creating the styling‚ look and feel of the product‚ deciding on the product’s mechanical architecture‚ selecting materials and processes‚ and engineering the various components necessary to make the product work. Development This is refers collectively to the entire

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    1. Name two important circumstances in which counsellor would consider breaching confidentiality. What factors would need to be considered and what steps might be taken‚ before making this decision? Confidentiality is someone who is trusted with private or secrecy matter; confidential whisper or issue. (Credo Reference‚ 2001). Certain situations where the confidentiality between client and therapist‚ may need to be breached to ensure the safety of the client him/herself‚ the community or ourselves

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    Unit 318 Questions and Answers 1.1 Describe purpose and benefits of organising data so that it can be analysed. The purposes and benefits are so that it is easy to read‚ data is easy to find‚ and can be analysed more efficiently and effectively. The data can then be manipulated to fit our purpose of any request; this is then quicker to action any requests regarding the data. 1.2 Explain how to evaluate the relevance‚ validity and reliability of data. To evaluate the relevance of data you need

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    Sutherland’s theory of differential association with Cressey’s final hypothesis. What does Cressey mean by "non-shareable"? Cressey however‚ took his own studies in a different direction from Sutherland’s research. He was intrigued by embezzlers‚ whom he called “trust violators”. He was especially interested in the circumstances that led them to be overcome by temptation. Upon completion of his research‚ he developed what still remains as the classic model for the occupational offender. His research

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    Governments True/False Questions 1. A Comprehensive Annual Financial Report (CAFR) would include an introductory section‚ management’s discussion and analysis‚ basic financial statements‚ required supplementary information other than MD&A‚ combining and individual fund statements‚ narrative explanations‚ and statistical section. Answer: True 2. The three major sections of a CAFR are the Introductory‚ Financial‚ and statistical sections. Answer: True 3. The introductory and statistical

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