1. |Each of the following is an example of an economic resource except | | |A) |land. | |B) |money. | |C) |capital. | |D) |labor.
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Name Professor Subject Date Global Managerial Economics The small and medium-sized enterprises (SMEs) form a crucial part of the U.S. economy. The SMEs create the most jobs in the country; they target the ordinary Americans for employment thus making them a very important component of the economy. Without the SMEs‚ the economy will bleed millions of jobs‚ adversely affecting the economy. This is the reasoning behind the drive by President Obama to give this sector newly acquired impetus and promote
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Interview Question Name of Student College Interview Question Job Title: | Laboratory Technician | Brief description of position: | Reports to the Head of Department‚ Biological Sciences. To work in conjunction with Science teachers and other heads of Department. Ensure proper equipment of the college laboratory‚ able to prepare laboratory procedures for class experiments and examinations. | 1) Interview Question: | What five apparatus can you quickly identify immediately you enter
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Why does Ismene object to Antigone’s plan to bury Polyneices? Possible Answer: Ismene believes the men who rule Thebes must not be disobeyed because men are stronger and their will must be respected. How does Antigone demonstrate pre-feminist ethics? Possible Answer: Antigone believes that a woman’s duty is not to the men who rule a domain‚ but rather to her own instincts and her own sense of right and wrong. She believes that the gods do not dictate through a ruler‚ but rather through individual
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Module 5 Homework + Answers Total Points: 40 Chapter 6 1) Credit terms of "2/10‚ n/30" mean that if payment is made in two days‚ a 10% discount will be given; if not paid within two days‚ the full invoice price will be due in thirty days. True or False Answer: The "2/10" means that a 2% discount is given if the payment is made within 10 days. 2) Flyer Company has provided the following information: Cash sales‚ $150‚000 Credit sales‚ $450‚000 Selling
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CHAPTER 9 Three conditions for a market to be perfectly competitive? Many buyers and sellers‚ with all firms selling identical products‚ and no barriers to new firms entering the market. In perfectly competitive markets‚ prices are determined by The interaction of market demand and supply because firms and consumers are price takers. Price taker Buyer or seller that is unable to affect the market price. A buyer or seller that takes the market price as given When are firms likely to be
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and exit Short Run Firm has some market power and faces downward sloping demand curve Price exceeds marginal cost When P>AC firms earn positive economic profits Long Run Positive economic profits in short run attracts new firms Firm’s market share falls and demand curve shifts down P=AC firms earn 0 economic profit P>MC and 0 economic profits deadweight loss Market in which only a few firms compete with one another‚ and entry by new firms is impeded Oligopoly Environment Few
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Candidate Name: ___________________________________________________ Question number. Guidance Notes/Example Unit 641 Criteria 1 State why and when health and safety control equipment‚ identified by the principles of protection‚ should be used relating to types‚ purpose and limitations of each type‚ the work situation‚ occupational use and the general work environment‚ in relation to: – collective protective measures – personal protective equipment (PPE) – respiratory protective equipment
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ANSWERS TO GUIDE QUESTIONS 1. What happens to the distribution of magnetic flux lines when the iron ring was placed in between the U-magnets? Magnetic Flux‚ by definition‚ is the measure of the quantity or the strength of the magnetic force in a given area‚ whether a closed or an open area. When the iron ring is placed in between the U-magnets‚ there has been a region by which has been enclosed‚ following the area of the iron ring. And according to Gauss’s Law for magnetism‚ the total magnetic
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QUESTION 2: b) Explain the importance of the mission statement‚ the vision and the goal of an organization A mission statement defines what an organization is‚ why it exists‚ its reason for being. It helps guide the actions of the organization‚ spell out its overall goal‚ provide a path‚ and guide decision-making. A vision statement is a description of a company’s values and its long-term goals. It helps an organization prepare for the future. A goal is an observable and measurable end result
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