BMA5001 Managerial Economics Sem I‚ 2012/2013 ANSWER KEYS TO MIDTERM EXAM QUESTION I (4x10 = 40 marks) Choose the most correct answer for each of the following ten multiple choice questions. Note: No explanation is required. Please answer in the order of the questions. 1. Ceteris paribus‚ which of the followings would shift the demand curve for new textbook to the right? a. b. c. d. e. f. An increase in the price of the textbook; An increase in the supply of equivalent used textbooks;
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become one of the fastest-growing nonprofits in history. However‚ a company of such stature is never free from the ever-growing controversies that inevitably follow. The first controversy to highlight is the Kiva’s infamous but subtle misleading marketing campaign (Goodintents.org 2009). Kiva advertises that the users make loans to specific borrowers through a peer-to-peer microcredit marketplace. The reality of this is that it actually makes loans towards microfinance institutions‚ which actually
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Biotic factor of environment Oct 16‚ 2012 * Biotic factors are organism or their product that directly or indirectly affect an organism. Measuring biotic components of the system 1. Lincoln index: (pg. 20) N= n1*n2m * Ntotal population size * n1number of animal capture on first time * n2number of animal capture on second time * mnumber of marked animal recapture * Involves collecting sample from the population‚ marking them in some way releasing them
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Micro Economic Exam Long Run versus Short Run 1. Introduction Competitive market equilibrium is the traditional concept of economic equilibrium‚ appropriate for the analysis of commodity markets with flexible prices and many traders. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. This paper
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GROUP 2 TOPIC: DECISION MAKING IN BUSINESS GROUP MEMBERS • KEN-ALBERT ORWA - 069265 • BRENDA MWENDWA MURURU-070997 • FAITH KANJA-068730 • SYLVIA NDUATI-071688 • SAMUEL GITHAIGA-069347 • ROBERT GICHUHI-070903 • JAMES MAINA-070880 DECISION MAKING PROCESS IN BUSINESS Introduction Decision Making refers to a conscious‚ intellectual activity involving judgment‚ evaluation and selection from
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Factors affecting Cultural tourism Economic Impact The events and festivals are recognized as economic drivers‚ with their help business and tourism are not only industry field which benefits from festivals‚ but the most cities and municipalities themselves benefit. Cultural tourism has been placed at the center of many urban regeneration strategies because it can provide the basis to reanimate city centers‚ rejuvenate existing cultural facilities‚ create new cultural
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Interaction of micro elements The interaction between 5 competitive forces‚ create environment for Apple very competitive and hard to survive. Low entry barrier‚ rapid innovation of supplier and changing demand of consumer create the product life-cycle shorten. A lot of competitors with very similar product specification let product easy to imitate and alter PC become near to commodity product. Thus this leads to low market share industry. In addition‚ strong power of suppliers‚ a lot of competitors
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Introduction……………………………………………………………3 Compliments and Substitutes available for Nokia mobiles………4 Market share of Nokia in India………………………………………7 Demand of Nokia phones……………………………………………8 Supply curve for Nokia in India……………………………………...9 Factors affecting Supply of Nokia in India………………………...10 Macro-Economic Factors affecting Demand of Nokia in India……………………….............................................................11 Future demand of Nokia’s mobiles………………………………...12 Introduction Nokia is a world famous mobile manufacturing
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‘’CHARGELESS’’ MOBILE PHONES By Ferdinand Maija Sako Abstract Key Enabling Technologies Micro and Nanoelectronics and Photonics Key enabling technologies (KETs) as defined through the European Commission: * are research & development-intensive * are capital-intensive * require a highly-skilled work force * are subjected to rapid innovation cycles. Due to their multi-disciplinary and trans-sectoral characteristics and their trend to convergence and integration at the
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ANALYZING AND DEVELOPING THE MICRO CREDIT SYSTEM PROVIDED BY BRAC. A Thesis Submitted to the Department of Computer Science and Engineering of BRAC University by Mohammad Salah Uddin Student ID: 01101027 In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Computer Science June 2005 DECLARATION I hereby declare that this thesis is based on the results found by myself. Materials of work found by other researcher are mentioned by reference. This
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