movies. A session at the gym costs the same as the cost to see a movie. Ralph says‚ that for his current consumption of gym sessions and movies‚ he values one more movie twice as much as he values one more session at the gym. Rebecca is studying economics‚ and she tells him that he cannot be choosing at his optimal bundle given his preferences exhibit a diminishing marginal rate of substitution. Is Rebecca correct? Explain. Section II Answer Three of the following four questions. Show all your
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APA Style Intext citation How to cite references within the text of an assignment Use the author-date method of citation for quotations (exact words of another author) and paraphrasing (summarising the words and ideas of one or more authors). Paraphrasing Paraphrasing is when you summarise the ideas‚ concepts or words from the work or one or more authors. Please note: changing only a few words from another author does not constitute paraphrasing. Type Examples If you are referring to the general
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Academic Writing Help Centre (AWHC) APA Style Introduction: Referencing Academic writing relies heavily on the understanding and the use of other authors’ ideas. Students must often draw arguments‚ evidence‚ concepts and theories from other sources to support their own argumentation. Like all academic writers‚ they are required to give credit for the information they have used by providing proper references. Anything that is borrowed from another author must be referenced‚ including‚ but
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TERMS AND CONEPTS INCLUDING ECONOMIC SURPLUS OPP COST AND SUNK COST DEFINE AND EXPLAIN A RANGE OF CORE ECO TERMS AND CONEPTS INCLUDING ECONOMIC SURPLUS OPP COST AND SUNK COST CHAPTER !: THINKING LIKE AN ECONOMIST Scarcity principal: due to limited resources to satisfy unlimited wants‚ trade offs occur in terms of having more of one good and less of another Economic decision: any decision when securing something of value means going without something else Economics: study of how people make
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Your Estimated Award Letter Colorado Technical University 4435 North Chestnut Street Suite E Colorado Springs‚CO 80907 (866)813 -1836 November 9‚ 2012 Student ID: 14338483 John Olson P.O. Box 836 Maquoketa‚IA 52060 Dear John‚ Congratulations! We are pleased to inform you that based upon the information you provided‚ we have estimated your eligibility for financial aid. Your financial aid package is based upon your current expected schedule and enrollment status for the academic year
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Is there Jurisdiction? [Insert Name Here] [Insert Additional details here] Situation 1: Mike‚ a Utah resident‚ sues Jim‚ a Nevada resident for $60‚000 in Nevada’s Federal District court for negligence (a state law civil suit). Jim argues that the case should be dismissed for a lack of subject matter jurisdiction. Is he right? Under the circumstances‚ since Mike lives in Utah and Jim lives in Nevada then the type of subject matter jurisdiction that applies is diversity jurisdiction. Under
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The Fair Labor Standards Act and Regulations Jamie A. McCall Capella University HRM 5004 Professor Pavone March 8‚ 2013 Abstract The purpose of this paper is to provide an overview of the Fair Labor Standards Act. This paper will explore the minimum wage law‚ record keeping‚ compensation‚ and equal pay and child labor laws. This law covers fulltime and part time workers in the federal‚ state‚ and local governments. The act is enforced by the United States Department of Labor
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Running on Empty: The Effects of Food Deprivation on Concentration and Perseverance Many things interrupt people’s ability to focus on a task: distractions‚ headaches‚ noisy environments‚ and even psychological disorders. To some extent‚ people can control the environmental factors that make it difficult to focus. However‚ what about internal factors‚ such as an empty stomach? Can people increase their ability to focus simply by eating regularly? One theory that prompted research on
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St Atanagio is a remote island in the Atlantic. The inhabitants grow corn and breed poultry. The accompanying table shows the maximum annual output combinations of corn and poultry that can be produced. Obviously‚ given their limited resources and available technology‚ as they use more of their resources for corn production‚ there are fewer resources available for breeding poultry. Maximum annual output options Quantity of Corn (pounds) Quantity of Poultry (pounds) 1 1200 0 2 1000 300
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Experiment 6: Microbial Cultivation Objectives: To successfully cultivate microorganisms from different sources to medium. Materials: Broth‚ Agar‚ Sterilized cotton swab‚ Procedure: 1) Get your broth with cotton swab inside containing your bacteria. 2) Remove the cotton and flame sterilize the mouth of the testtube. 3) Get your cotton swab inside‚ flame sterilize again the mouth of the testtube then plug it with cotton. 4) Grab the inverted plated media and flame sterilize the
Free Agar plate Petri dish Bacteria