ACKNOWLEGDEMENT Alhamdulillah‚ first of all we would like to thanks Allah SWT for giving us the opportunity to live in this world and a good health also giving us the chances to complete this assignment with flying color. This assignment was prepared for subject Principle od Entrepreneurs (ENT 530)‚ Universiti Teknologi Mara (UiTM). Secondly‚ we would like to express our deepest thanks to Madam Azita binti Aboo Bakar ‚ our lecturer for this subject ENT 530 and for guiding us for this semester 4 to
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Cake Recipe Project Description: In the following project‚ you will work with a recipe‚ modifying the wording‚ checking spelling‚ changing margins‚ and inserting symbols. The recipe was originally created in an earlier version of Word‚ so you will convert it to Word 2013. Instructions: For the purpose of grading the project you are required to perform the following tasks: Step Instructions Points Possible 1 Download and open the file named exploring_w01_grader_h1.doc. 0.000 2 The
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Daiya Pizza: We’ll List Down 7 of the Best Flavors You Should Order Meta Description: Planning to order a Daiya pizza? Clueless about which one to choose? Read this post and we’ll let you know some of the best choices to consider. If you have not yet heard of Daiya pizza‚ you are missing out a lot‚ especially the opportunity to have a taste of this yummy treat. Daiya is a company known for dairy-free products‚ and a few years after commencing their operations‚ they introduced a line of mouthwatering
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STUDY – PIZZA HUT School cafeterias served nearly $500 million of pizza a year. Only frozen pizza was used‚ however‚ because freshly prepared pizza was effectively excluded by a U.S. Department of Agriculture (USDA) regulation that required inspection of any pizza with meat toppings that was sold at wholesale for resale. The same was true for other institutions such as hospitals and prisons. The 39 broader issue was the closure of the institutional market to freshly-prepared foods such as pizza and
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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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1. PRINCIPES OF ECONOMICS-MANKIEW CHAPTER 1- QUESTION FOR REVIEW (18) No 3. What is inflation and what causes it? = Inflation is an increase in the overall level of prices in the economy. Inflation happen because culprit is growth in the quantity o money when a government creates larges quantities of the nation’s money‚ the value of the money. No 5. Explain the two main causes of market failure and give an example of each! = Externality‚ is the impact of one person’s action on the well being
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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
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Econ 2200 Midterm #1 fall 2011 Section I Answer Four of the following six questions. Each question is worth 5 points. a. What is the difference between the Income Effect and a Change in Income? b. True or False: The slope of the budget line represents the rate at which the consumer is willing to trade one good for another at any given bundle. Explain. c. An Engel curve can be both positively and negatively sloped‚ why does this happen? d. What do we mean by the term “Consumer Surplus”? e
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Opportunity cost of an activity (or goods) is equal to the best next alternative foregone. Although opportunity cost can be hard to quantify‚ the effect of opportunity cost is universal and very real on the individual level. In fact‚ this principle applies to all decisions‚ not just economic ones. Since the work of the Austrian economist Friedrich von Wieser‚ opportunity cost has been seen as the foundation of the marginal theory of value[citation needed]. Opportunity cost is one way to measure
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QUESTION 1 a. A downward-sloping demand curve shows in both graphs when the quantity at each price is doubled what it was. However‚ the curve in demand for pharmaceutical drugs is drawn with a relatively steep slope as inelastic products. Equilibrium price down-sloping along the demand curve while quantity in both market increased to some extent. b. In inelastic demand of pharmaceutical drugs‚ the percentage change in price is greater than the percentage change in quantity demanded. While in elastic
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