[pic] Swinburne University of Technology (Sarawak Campus) HBE613 ECONOMICS Higher Education Division Microeconomics Test Term 1‚ 2013 12.5% of Total Unit Marks (to be marked out of 20) Time Allowed: 1 hour Name: ______________________________________ Student ID: ______________________________________ Swinburne University of Technology‚ Sarawak Campus Short Answer Questions There are 4 questions in this section. Each question is worth
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1. Consider a personal computer market with two firms‚ X and Y. Suppose that Firm X and Y have the following total cost function: TCX=10QXTCY=10QY . The market is given by P=100-QX-QY. (a) Calculate the Cournot equilibrium outputs of firm X and Y in this market. (b) Calculate their market price in the Cournot equilibrium. (c) Calculate their profits in the Cournot equilibrium. (d) Suppose that firm X is considering implementing a proprietary technology they have developed. The onetime sunk cost
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Micro-Raman Spectroscopy Raman spectroscopy is a micro-analytical method that showed many advantages in analysis of cultural heritage materials. It is a form of vibrational spectroscopy that allows the identification of particles in homogeneous materials in the micron order. The identification is employed on the basis of the molecular vibrational spectra of samples‚ obtained by excitation with visible laser light. In micro-Raman spectroscopy‚ the laser beam is focused by means of a microscope
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our Macro environment at Jayrobs Mobile (JM). This is otherwise known as the general environment. Here we will use PESTELI (Political‚ Economic‚ Social‚ Technological‚ and Environmental‚ Legislative and International) analysis. This is a detailed analysis of the environment which will not only help us understand where the environment currently lies‚ it will also help us gauge where JM will be in the future. When using PESTELI analysis‚ we will analyse what factors could influence our Macro
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Study Guide and Tips for chapter 7‚ MICRO Consumption of goods and services by consumers generates satisfaction‚ happiness‚ content‚ pride of ownership‚ etc. Economists have the term UTILITY to describe them all; with the assumption that consumers seek to maximize utility. Start the chapter by acquainting yourselves with the definitions of Utility‚ Util‚ Total and Marginal Utilities‚ and thereon the Law of Diminishing Marginal Utility. Then‚ closely study exhibit 1 for numerical and graphical
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What are Micro-Inequities and Micro-Affirmations? How do they affect employees and Manager-Employee relationships? Micro-Inequities According to Mary Rowe‚ Micro-inequities are “apparently small events which are often ephemeral and hard-to-prove‚ events which are covert‚ often unintentional‚ frequently unrecognised by the perpetrator‚ which occur wherever people are perceived to be ‘different.’” Bernice Sandler‚ Senior Scholar at the Women ’s Research and Education Institute in Washington‚
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Project Management & Global Sourcing [Assignment 1] Procurement Process in Small or Micro Enterprise TABLE OF CONTENTS PAGE 1. INTRODUCTION…………………………………………………………………… 3 2. BRIEF DESCRIPTION OF ORGANISATIONS ………………………………… 4 3. POSITION OF ORGANISATIONS AND TWO MAJOR PRODUCTS………… 5 4. PROCURE TO PAY PROCESS………………………………………………….. 6 - 7 5. SUPPLIER IDENTIFICATION AND SELECTION………………………………. 8 - 10 6. STRESS TESTING AND
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Closed And Open macro-economy Systems Todd Gray ECON224-1204A-04 Macroeconomics American Intercontinental University- Online In today’s business world it is important to understand the difference between an open and closed Macroeconomic system. Each time you go out to purchase a good or service you need to be aware of how your hard earned money is being distributed across the economic system. There are two types of systems that I will discuss an open system and a closed system.
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Business Center‚ 2002. http://www.drj.com/special/smallbusiness/ Mbaguta‚ H Mwanje‚ R. (2003)‚ "Power costs high for Rural Businesses". In The Monitor‚ 7th October. Republic of Uganda (1999). Draft Policy Paper on Micro and Small Enterprise Development. Kampala: Private Sector Development/Micro and Small Enterprise Policy Unit‚ Ministry of Finance‚ Planning and Economic Development. Small Business Act (1953). Snyder‚ M. (2000). Women in African Economies‚ From Burning Sun to Boardroom. Kampala‚ Fountain
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of them is providing customers with the best coffee experience. It is also a company that values its employees and acknowledges that it could not have achieved the competitive advantage that it currently enjoys without them. • Starbucks company macro forces: First‚ Starbucks Company faced socio-cultural forces when Chicago people didn’t like dark-roasted coffee as fast as Schultz had. In addition‚ Star bucks menu is adapted to local cultures for example‚ the menu in North America include selection
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