PRICE ELASTICITY OF DEMAND (PED) & REVENUE Price elasticity of demand (PED) is particularly important to businesses‚ because of its effect on their revenue (income). Consider the following examples: 1) Mrs Robinson wants to increase her business’s revenue‚ but can’t decide whether she should increase or lower her prices. She currently charges £1 per unit and sells 1‚000 units. She knows that the PED for her product is (-) 0.4. What will happen to sales‚ sales revenue and profit if she: a) raises the
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HISTORY OF TAXATION IN GHANA Introduction & Definition of taxation: To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government [...] a payment exacted by legislative authority." A tax "is not a voluntary payment
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Martina Guerra Response #1 "The Recognition Of Shakuntala" by Kalidasa Translated by Arthur W. Ryder 1/23/2013 The Recognition of Shakuntala The Recognition of Shakuntala is a story of how a young girl‚ Shakuntala falls in love with a King‚ King Dushyanta. The King runs into Shakuntala and her friends in the midst of a deer hunt. When Shakuntala first seen the king‚ she was instantly attracted to him. She felt butterflies in her stomach from just his presence‚ alone. The King was instantly
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Employee recognition awards In today’s highly competitive business world‚ employee recognition is an important aspect of a business that needs to be given due attention. The way it is implemented and its success depend on how the business pursues employee recognition. In this report‚ we would like to showcase employee recognition in the business world‚ the theories behind each application‚ and how it is implemented by businesses. Employee recognition is an incidence or program by which an employer
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Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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The Accounting Cycle Five Cycles of Accounting The accounting cycle consists of five components: revenue‚ expenditures‚ financing‚ conversion‚ and fixed assets (Bagranoff‚ Simkin‚ & Strand‚ 2008). There are many business activities within a company that will take place in each of these cycles. The revenue cycle incorporates sales and cash receipts. Expenditures are the decrease in cash assets to acquire goods or services necessary to operate. The conversion cycle is a continual process that
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Republic of Vardar Revenue forecasts: Expected Tax Collections PAD 505 June 8‚ 2012 Abstract At independence in November 1991‚ the Republic of Vardar (named after the Vardar River Valley) was the least developed of the Yugoslav republics. Although the poorest of the six former Yugoslav republics‚ the country nevertheless can sustain itself in food and energy needs using its own agricultural and coal resources. From 1998 to 2000 real GDP growth averaged a little
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● How to Compare Recordings ● Dependence of system’s accuracy ● Algorithm instruction ● Source Code ● Software Requirements ● Hardware Requirements ● References Introduction The project “Attendance through Voice Recognition” is a tool that can help an organization or academic institute to have attendance of their employee or students and also the faculty members.It also record the time and date at which the member is present. This project allows a organization or
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FINGERPRINT RECOGNITION Contents • Fingerprint • Fingerprint Recognition • Applications • Advantages • Disadvantages • Fingerprint patterns and features • Techniques used for fingerprint recognition Hybrid matching technique Minutiae score matching technique Fingerprint • Fingerprints are graphical flow-like ridges present on human fingers. • It is made of a series of ridges and valleys on the surface of the finger. • Patterns that arise in ridges are known as Minutiae. FINGERPRINT
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has distinction that gains more widespread appreciation of our value. However‚ recognition is like a Janus of Roman mythology. Sometimes it can produce a good effect like my military experience‚ but sometimes it can exert baneful influence upon human history. Because basically the recognition is the competition with other people‚ on occasion it also can be achieved by bloodshed. Of that reason‚ even if the recognition is leading our performance‚ it should be prevented to supply on a large scale as
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