would increase and equilibrium quantity would decrease. b) The government provides a subsidy for notebook manufacturers. In this instance the price of spiral notebooks would decrease since the government would be assisting the industry that makes spiral notebooks; financially to ensure the price of spiral notebooks remains low. Additionally‚ price would decrease since the business responsible for spiral notebook production and sale‚ would not feel the need to raise the price since
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Macroeconomics 1102 Discussion Question 5 Part (a) Consumption function: is the relation of consumption with its determinants. Graphically drawn as:. Mathematically it is written as: C = C + c(Y – T) C: Consumption Spending C: Exogenous Consumption c : Marginal Propensity to Consume (0 < c < 1) Y: Aggregate Income T: Taxes Explaining the main components: Exogenous consumption: factors other than disposable income that affect consumption. So when consumers feel optimistic
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THE SOFT VOICE OF THE SERPENT guy spencer • The title may be considered to be an allusion or a metaphor as it refers to an account on the Garden of Eden in the book of Genesis. In the Bible‚ the snake deceives Eve into eating the forbidden fruit and persuades her husband to do the same. • In the story the locust symbolises the serpent as it deceives the man. Its communication with the man is described as ‘soft voice’ because it does so quietly. • Before the arrival of the locust‚ a tense
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k in Lesson Four A Drink in the Passage Part One Warm up I. Questions 1.What do you know about South Africa? 2. What do you know about the situation in South Africa at the time the story was written? 3. Have you ever heard of the “apartheid”? What do you know about it? 4. What dramatic changes have taken place in this country since the time this story was written? 5. Has racism been a serious problem in human history? Is the problem resolved 6. Is it easy to detect the existence of
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The environmental challenges facing the American auto Industry.America is currently the second largest auto industry in the world after China. In a report on Edmunds.com it is estimated that in 2014 America will produce 16.4million light vehicle cars. The giants in this industry the General motors‚ DaimlerCrystler‚ Ford‚ Toyota and Honda will battle it out for a market share. Historically buying of cars was associated with wealthy and even today some of the brands in the automobile industry are status
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ContentsPart AIntroduction and explanation of Macro environment................................pg 3The Coca-Cola...................................................................................................... pg 5Introduction............................................................................................ pg 5Bottlers.................................................................................................. Pg 6Influence of macro environment on Coca-Cola....................
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Innocent Drinks: seven strategy lessons from the setbacks of Europe’s biggest smoothie maker Innocent Innocent Innocent the collapse of its sales. Innocent is payin g for its failur e to innovate and differentiat e – and as a result its retail is down as much price as 30%-40% in many retail outlets. When the recession ends there is a dange it won’t be able r to get its prices back up again. sacrificing marg It is in to maintain volume – and the expensive ingre with dients found in smoothies
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ryANALYSIS OF PAINTS INDUSTRY IN INDIA Introduction: The paints industry made a beginning in India in 1902 when Shalimar Paints set up its operations in Kolkata (Calcutta). Today the size of the paints market in India is estimated at Rs 180 bn. Market Structure & Product category: The Indian Paint industry can be divided as: * The organized sector comprising of large and medium size units * The unorganized or the small scale sector. The contribution of the organised and unorganised
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DEVELOPMENT OF SOFT PALATE Primary Palate- Triangular area of hard palate anterior to incisive foramen Forms during 4th to 7th week of Gestation Two maxillary swellings merge and two medial nasal swelling fuse Formed by the fusion of medial nasal processes Secondary Palate- Remaining hard palate and all of soft palate Forms in 6th to 9th weeks of gestation Palatal shelves change from vertical to horizontal position and fuse Formed by fusion of maxillary process ANATOMY:- Soft palate
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Question 1: Assume that Econoland produces haircuts and shirts with inputs of labor. Econoland has 1000 hours of labor available. A haircut requires ½ hour of labor‚ while a shirt requires 5 hours of labor. Construct Econolands PPF. Answer 1: To construct Econolands Production Possibility Frontier (PPF) we first need to understand what is a PPF. A production possibilities frontier (PPF) is a graph showing the different quantities of two goods that an economy can efficiently produce with limited
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