decisions that people and businesses make regarding the allocation of resources and prices of goods and services. This means also taking into account taxes and regulations created by governments. Microeconomics focuses on supply and demand and other forces that determine the price levels seen in the economy. For example‚ microeconomics would look at how a specific company could maximize it’s production and capacity so it could lower prices and better compete in its industry.Micro economics deals with
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1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event‚ what will happen to the price level? Use a diagram to assist in answering this question. 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National
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Although both GDP and HDI measure the standard of living in a nation through one statistic‚ GDP is less comprehensive than HDI‚ making it not reflect societal well-being as all-rounded as HDI. GDP show total income of a country‚ indicating that only economic growth is taken into consideration. However‚ through means and expected years of schooling‚ life expectancy at birth and gross national income per capital‚ HDI can cover three dimensions: education‚ health and living standard‚ making HDI serve
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Micro Macro A company ’s marketing environment is made up of the ACTORS AND FORCES outside marketing that affect marketing management ’s ability to build and maintain successful RELATIONSHIPS with target customers. The marketing environment is made up of the micro environment and the macro environment. The micro environment consists of the ACTORS CLOSE to the company that affect its ability to serve its customers - the company‚ suppliers‚ marketing intermediaries‚ customer markets‚ competitors
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of a pitch to sell SMS packs rather than sim cards; which they thought would eventually be sold on the backdrop of lucrative SMS schemes. Not anymore. It’s OTT time (and they are certainly playing over the top!!). Communication apps have hit the market. They have replaced the SMS service at a speed faster than with which a person replaces empty refill of his pen. It has changed the way people see world around them; acted as an ignition engine to fuel the expectations of the customers. They have
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Macro Business Environment: There are many different environments in marketing which will influence how successful a product will be. With a well rounded marketing plan‚ and taking into account the many different aspects of the environment any product can have a chance at success. The air blade fits extremely well into the macro business analysis. Aspects such as trends technology‚ economic‚ natural area‚ cultural will domestic will be discussed . Every area in the macro business environment is
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CSE 3004Y Multimedia Systems Tutorial Questions (MPEG Audio Compression‚ MP3) Question 1 Consider the MPEG-1 Audio standard. a) Determine how many complete stereo songs with a 22 kHz bandwidth and 16 bit/sample with duration of 3 minutes is possible to store in a disk with 200 Mbytes if the coding is performed with MPEG-1 Audio Layer 3 to reach CD transparent quality. b) Why does this audio standard use the DCT with overlapping window? c) Which main factors would you take into account (at least
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CJS/200 Courtroom Players Response September 4‚ 2013 Courtroom Players Response The Courtroom Work Group is a group that is comprised of the judge‚ prosecutor‚ defense attorneys‚ claimants as well as the defendants. The roles of the individuals in the Courtroom Work Group are to work together to successfully prosecute in the criminal case. This group interacts on a daily basis with all having a mutual goal of production in mind to close the case. In my opinion a Courtroom Work Group is non-other
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that designs and creates iPod and iTunes‚ Mac laptop and desktop computers‚ Its software includes the OS X and iOS operating system and the revolutionary iPhone and iPad. “Established in Cupertino‚ California on April 1‚ 1976 “for the first 30 years the company was called Apple Computer‚Inc but “dropped the word (Computer) on January 9‚2007” to show that Apple is not manufacturing the computers only‚ but all the electronics and computer software products. Apple releases iPod that wasn’t just for
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I am a new supervisor of a group of employees whose productivity and interest level are not on par with what is expected of them. I want you to take an open-minded look at what I propose will help this organization effectively manage the change in leadership as well as achieve the highest levels of customer service and productivity. My goal for this organization is to gain the commitment of people at all levels of management‚ help them develop there potential and enable the organization to achieve
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