“In a perfectly competitive market‚ there are enough sellers and buyers of a good so that no single seller or buyer can affect its price. Price is determined by the market forces of supply and demand. Individual firms take the market price as given in deciding how much to produce and sell‚ and consumers take it as a given in deciding how much to buy” (Microeconomics‚ 3rd edition‚ 1995). One of the market structures is monopoly. “Monopoly is the sole producer of a product; a monopolist is in unique
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Jamai Wilson The Pentium microprocessor flaw was discovered in June‚ 1994. The Pentium microprocessor is the CPU for what was once possibly the widest-selling personal computer. Unlike previous CPUs that Intel put on the market‚ the 486DX and Pentium chips included a floating-point unit (FPU)‚ which is also known as a math coprocessor. Previous Intel CPUs performed arithmetic using integers; programs that used floating-point numbers (non-integers like 2.5 or 3.14) needed to tell the chip how
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Microfridge Q. 1 What value does the product create and for whom ? Ans. Value created by product are (i) Three functionalities in one i.e Microwave ‚ refrigerator and freezer for limited user at a low and affordable cost (ii) Safety from fire(against use of hot plates). oMicrowave can allow save cooking (iii) Freedom. Microfridge can be used to heatup your food. Refrigerator and freezer can be used to preserver food /fruits for long time and drinks at a servable temperature
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Assignment/Tutorial/Practical Report Cover Sheet Student’s Name : MUHAMAD LUKMAN BIN ISMAIL MOHAMMAD MUZAKKIR BIN MOHD JANNY MOHAMAD KHAIRUL NIZAM BIN MD NOOR NORANIZA BINTI ISHAK SYED JAFFAR BIN SYED MAHDZAR MOHAMAD SAFUAN BIN JOHARI Matric No. : 37209 34942 36967 39897
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BHS002-1 Microbiology Practical Manipulation of bacteria – Part 1 Week 45 Since the early days of microbiology in the 19th century‚ culture on agar plates has been a central technique for the study of bacteria. This practical is designed to introduce students to the basic techniques required to manipulate bacteria. Students will gain experience with the streak plate procedure‚ used to isolate pure colonies of bacteria‚ and viable plate count methods. The latter involves serial dilution and spread
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operates for profits others‚ just for improve quality life of the community. Businesses operate in an environment shaped by the consumers‚ the Government‚ suppliers and International factors. It’s my job now explain and understand how organisations shaped with the environmental factors and determine strategies and a modus operandi that allow them to meet their organizational purposes. Business Environment Business refers to economy activity‚ goods and services in exchange of money. Also include buying
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Financial RatiosFinancial RatiosFinancial RatiosFinancial Ratios Financial Ratios Financial RatiosFinancial RatiosFinancial Ratios Financial Ratios - Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Uchumi Supermarkets Financial Ratios are relative magnitudes of select numeric items of a company’s financial statements. The assessment of the operating performance of a company
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Unit 4 Ecosystems Background Introduction The abundance of a species and species diversity affect how natural resources are processed within an ecosystem. This pattern of processing contributes to functional and compositional characteristics of an ecosystem. But many ecosystems around the world are currently experiencing significant changes in species composition‚ abundance‚ and diversity due to the influence of human activity. These changes have‚ more often than not‚ led to a reduction in species
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The marketing environment of a firm consists of 2 different parts‚ the micro-environment‚ and the macro-environment. The micro environment of a firm is all the actors within a firm which affects its ability to sell final products to its customers. The macro environment‚ are all actor which are potentially harmful‚ and pose a threat towards the firm. The micro environment is affect by 6 actors‚ which are the firm‚ suppliers‚ market intermediaries‚ customers‚ competitors‚ and the public. Within
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influence decisions made by me in the work and home environments. Microeconomics is the study of decisions that people and organizations make regarding the allocation of scarce resources and prices of goods and services (Perloff‚ 2007). Microeconomics focuses on the patterns of supply and demand and the determination of price and also output in individual markets. These decisions are also influenced by government. It is the smaller or micro picture of economics at the individual‚ household
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