Assignment- 1 Introduction to Micro Economics 1.Will the problem of scarcity disappear over time as standards of living increase? 2.Distinguish between the Real and Financial flows that link product and factor market? 3.Why do we study Micro Economics? 4.Explain how the introduction of Govt. affects the circular flow of economic activity? 5.“Scarcity of Resources is the mother of all economic problems.” Discuss with example. 6.Why can’t you buy anything you want? What is
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Macro social structure focuses on the bigger picture: are there any patterns of certain things occurring in a certain population or place? Weber describes macro social structural trends as being “often represented analytically as a set of lifeless statistics about different populations.”; she sees it as data and information. Looking
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What are Micro Nutrients? Each flowering plant requires minor elements or micronutrients besides the chemical or organic fertilizers. These micronutrients help the plant in many ways‚ such as give more numbers of flowers‚ larger flower size and good luster of the petals. The above diagram shows symptoms associated with deficiency (shortage) of each micronutrient in the plant. If your plant has any micronutrient deficiencies‚ it will warn you by showing these symptoms on the leaves
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Problem Set 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following topics is NOT a primary concern of macroeconomists? A) relative wages of skilled and unskilled workers B) unemployment C) differences in standards of living across countries D) fluctuations in the level of economic activity 1) 2) Primarily‚ macroeconomists use microeconomic principles to study A) business cycles and trends in the stock market
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pengurangan/penghapusan segala bentuk pemborosan dan perbaikan produktivitas secara berkesinambungan. Perusahaan manufaktur kendaraan bermotor di Jepang‚ Toyota‚ mempelopori pengaplikasian JIT system dalam sistem manufakturnya. Sistem produksi tersebut lebih dikenal dengan sebutan Toyota Production System (TPS). (Fogarty‚et al.‚ 1991) Toyota mengidentifikasi tujuh sumber pemborosan dalam suatu pabrik. Empat pemborosan yang pertama berhubungan dengan masalah desain manufaktur‚ yaitu proses‚ metode
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this discussion‚ review the case study Toyota: The Accelerator Crisis (Greto‚ Schotter‚ & Teagarden‚ 2010)‚ then respond to the following questions: * Based on strategic‚ structural‚ and cultural challenges‚ discuss the drivers of Toyota’s accelerator crisis. Why was Toyota facing a recall crisis? * How well are Toyota’s management‚ employees‚ and external stakeholders able to support their corporate brand? * Has Toyota effectively managed ethics and public relations in the United States
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Sociological theories can be divided into two categories‚ macro-sociological and micro-sociological theories‚ otherwise known as structural and action theories‚ respectively. As sociological theories‚ they both aim to explain the society we live in‚ but differ in where they choose to focus their explanation‚ with macro-sociological theories observing society as shaping the individuals that live in it‚ and micro-sociological theories observing individuals as shaping the society they live in. Structural
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If you were having a conversation with a Keynesian and a Classical economist‚ and the conversation turned to why the economy is experiencing high unemployment and what the government should do about it‚ how would each economist explain unemployment and what policies would each advocate? If I were having a conversation about why the economy is experiencing high unemployment and what the government should do about it‚ with a Keynesian and a Classical economist I think that the economists would explain
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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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Strategy 18 8.3 Service Mix 18 8.4 Branding 19 8.5 Country-of-Origin Effects 19 9. Conclusion 20 1. Executive Summary This report focuses on the possible market expansion strategy of the Toyota Prius in China’s Automobile market. Since its entry to China as a 50-50 joint venture with Tianjin Auto in 1994‚ Toyota has done just as well as it has done in other countries globally. Its reputation for good quality and affordable vehicles were the reason for this success. It was therefore uncharacteristic
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