movies. A session at the gym costs the same as the cost to see a movie. Ralph says‚ that for his current consumption of gym sessions and movies‚ he values one more movie twice as much as he values one more session at the gym. Rebecca is studying economics‚ and she tells him that he cannot be choosing at his optimal bundle given his preferences exhibit a diminishing marginal rate of substitution. Is Rebecca correct? Explain. Section II Answer Three of the following four questions. Show all your
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%XUHDXIRU6WXGHQW&RXQVHOOLQJ &DUHHU’HYHORSPHQW 6WXG\VNLOOVSDPSKOHWV 0\PHPRU\FDQ‚LPSURYHLW" While doing your assignment or writing examinations at Unisa‚ you have probably found that you are expected to do quite a number of things with your academic texts. Often you will need to argue a point of view‚ form an opinion or critically analyse academic text. But before you do these difficult things you need to have some basic study skills. You will often need to memorise basic facts‚
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Psychological factors that influence the purchase of housing In general‚ consumer psychology is the study of how people relate to the products and services that they purchase or use. Consumer psychologists study virtually all psychological and behavioral responses that can occur within the context of a person’s role as a consumer. The consumer behavior is an important factor to indicate the decision making process in buying a house. Moreover‚ the buying behavior is influenced by both internal
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Macro-environmental trends. This portion requires you to discuss and analyse the impact on the industry of the following factors (in case the industry competes in overseas markets‚ your analysis should have a corresponding dimension): · Social‚ cultural‚ demographic and environmental forces; · Political‚ governmental and legal forces; · Technological forces; and · Economic forces. Macro-Environment Definition Major external and uncontrollable factors that
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banking and related services.” Microfinance is not just about giving micro credit to the poor rather it is an economic development tool whose objective is to assist poor to work their way out of poverty. It covers a wide range of services like credit‚ savings‚ insurance‚ remittance and also non-financial services like training‚ counseling etc. FEATURES: * Borrowers are from the low income group * Loans are of small amount – micro loans * Short duration loans * Loans are offered without collaterals
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Starbucks Macro-Environmental Analysis Starbucks is very well positioned to take advantage of sustained income due to a variety of strategic macro-environmental variables affecting its performance. Starbucks stage is the entire world‚ therefore must take into consideration the local countries current technological‚ economic‚ cultural‚ and political/legal environment‚ but also the interplay between countries as well. Starbucks cannot simply adapt completely policies and marketing
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less than 94% of the world’s population is an undoubted success story. However‚ the company is not immune to the various political‚ economic‚ social and technological factors (PEST) that can affect their international operations and‚ in turn‚ the future development of the firm. Subject 1 - Economic Factors: Arguably‚ financial issues are the most important external factor affecting the global multi-national enterprise‚ as Coca-Cola acquires a notable percentage of net operating revenue from international
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Macro-environment Demography Research shows‚ that Costco’s way of doing research is a unique way‚ indeed it uses its membership concept to gather statistics on its customers that in turn did not involve extensive research. They are put into groups business owners and licensed professionals‚ depending on the job role‚ for instance‚ business owners and licensed professionals which are in one group and this allows them to minimize the risk involved with accepting cheques and makes it possible to
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Essay – factors that influence pro-social behaviour What is pro-social behaviour? It is the voluntary actions that are intended to help or benefit another individual or group of individuals. This definition refers to the consequences of a person’s actions‚ motivations and their behaviour; behaviours which include a broad range of activities: sharing‚ comforting‚ rescuing‚ and helping. But there are a many different factors that influence this behaviour‚ that affect one’s decision to give‚ share
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Factors that Influence Rainfall in the United States A type of precipitation is rainfall and it develops when water vapor condenses into droplets in the atmosphere thus becoming too heavy to stay suspended in the air so gravity causes them to fall. The pattern or occurrence of rainfall in the United States or basically anywhere in the world depends on several factors such as ground elevation‚ wind directions‚ location within a continental mass‚ areas of low pressure‚ cool fronts‚ jet streams and
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