1.1 OVERVIEW OF DIMINISHING MUSHARAKAH 1.1.1 Concept of Musharakah‚ its types‚ basic rules and areas of application Since the term “Diminishing Musharakah” as a mode of Islamic finance originated from another mode of finance “Musharakah”‚thus it is more important to have a brief idea of Musharakah for the better understanding of Diminishing Musharakah. Musharakah derived from Arabic word “Shirkah” which means being a partner. So‚ the lateral meaning of Musharakah is sharing and under
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Analyze‚ with the aid of a diagram‚ whether there is link between diminishing returns and economies of scale. (12) Variable factor is an input whose quantity can be changed in the time period consideration. Fixed factor is a production input factor that cannot change quantities during a certain time period. Short run is where at least one factor is fixed‚ usually capital. Long run is where all factors are variable Marginal product (MP) is the extra output from hiring an additional unit of
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Short-Run Decision Making Short-run decision consists of choosing among alternatives with an immediate or limited end in view. Accepting a special order for less than the normal selling price to utilize idle capacity and to increase this year’s profits is an example. Thus‚ some decisions tend to be short run in nature and sometimes are referred to as tactical decisions; however‚ it should be emphasized that short-run decisions often have long-run consequences. Consider a second example. Suppose
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Micro Economic Exam Long Run versus Short Run 1. Introduction Competitive market equilibrium is the traditional concept of economic equilibrium‚ appropriate for the analysis of commodity markets with flexible prices and many traders. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. This paper
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Japanese: The Law of Inverse Returns Scott Barlow December 6‚ 1996 Shoji Azuma Japan 355 - 1 The law of inverse returns states that the better the foreign learner’s Japanese is‚ the worse the reaction of the Japanese native population will be to the learner’s use of Japanese. In this paper‚ I argue that the better the learner’s Japanese is‚ the better the treatment to the learner of Japanese from native Japanese. I will argue this point by making three statements and then provide opinions and reactions
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many people struggle with fears associated with vulnerability. In the short story “ Raymond’s Run” by Toni Cade Bambara the protagonist Squeaky is very protective in the beginning of the story‚ but has a change at the end. Squeaky learns that being vulnerable to others helps you become a better more mature person. Squeaky learned that she should be more open to people and to not try and block them out. At the start of “Raymond’s Run” we all notice just how protective Squeaky is. Part of that is because
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DIMINSHING PUNJABI Punjabi (Gurmukhi: ਪੰਜਾਬੀ; Devanagari: पंजाबी; Shahmukhi: : پنجابی) Is an Indo-Aryan language spoken by 130 million native speakers worldwide‚ making it the 10th most widely spoken language in the world. It is the native language of the Punjabi people who inhabit the historical Punjab region of Pakistan and India. Punjabi emerged as an independent language in the 12th century. The Sikh religion originated in the 15th century in the Punjab region and Punjabi is the predominant
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Explain the aggregate supply in the short run. In the short-run‚ the aggregate supply curve is upward sloping. There are two main reasons why the quantity supplied increases as the price rises: 1. In the short-run‚ the nominal wage rate is fixed. As a result‚ an increasing price indicates higher profits that justify the expansion of output. 2. An alternate model explains that the AS curve increases because some nominal input prices are fixed in the short-run and as output rises‚ more production
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Technology on Production and Short-run Curves Technology is the knowledge of using tools and machines to do tasks more efficiently. We use technology to control the world we live in. Since the art of making fire and creating handcrafted tools‚ our civilization has come a long way. Technology today has a great importance on production. Every advancement on technology makes the production easier‚ quicker and at a low cost. Technology has a great impact on short-run curves by when technology advances
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To run‚ or not to run--that is the question: Whether ’tis easier to race And face the harsh pains of a race Or to stay lazy And‚ by not moving‚ avoid pain To run‚ to hit the adrenaline rush- No more – and by running to say I face The early morning preparations for the events That each race day holds ‘Tis a situation I do not wish to face To run‚ to race- To fall perhaps too hard. Ay there’s the problem‚ For in running what events may come about When we are hiding from the finish
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