Entertainment and News News coverage‚ whether by television‚ radio‚ the internet‚ or newspaper must be selective‚ selective not simply in which stories it reports but in how it presents them as well. The media is incapable of providing a rundown of everything that has transpired in a day. Therefore‚ editors‚ reporters‚ etc… decide what will go into the reports. Equally important‚ reporters are still human beings who‚ in spite their good intentions‚ occasionally succumb to anger‚ jealousy
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Section A a. Explain the concept of dominant strategy equilibrium. 1. http://tuvalu.santafe.edu/~jkchoi/game4.pdf 2. http://econweb.umd.edu/~borowitz/dominant_strategy_equilibrium.pdf b. Discuss the concept of Nash equilibrium. 1.http://www.economics.utoronto.ca/osborne/igt/nash.pdf 2. http://www.columbia.edu/~rs328/NashEquilibrium.pdf c. Is every dominant strategy equilibrium a Nash equilibrium? 1. http://economics.fundamentalfinance.com/game-theory/nash-equilibrium
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Why India? Why IANS? With India’s growing importance in international strategic and economic thinking‚ news about the country is becoming more critical to the world. India alone accounts for over a billion of South Asia’s 1.3 billion people. The sheer mass creates news. Changes in the global balance of power‚ India’s economic rise‚ and South Asia’s continuing political and social ferment‚ are attracting worldwide attention. In addition‚ Pakistan‚ Afghanistan‚ Sri Lanka‚ Bangladesh‚ Nepal‚ Bhutan
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SUBJECT NAME : MICROECONOMICS SUBJECT CODE : BEC1001 ACADEMIC YEAR : AY 2012/2013‚ OCT SEMESTER “By submitting this work‚ we are declaring that we are the originators of this work and that all other original sources used in this work have been appropriately acknowledged. We understand that plagiarism is the act of taking and using the whole or any part of another person’s work and presenting it as our own without proper acknowledgement. We also
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Limited resourcesTime‚ money. * Inability to satisfy all of our wants * Faced with scarcity we must choose among available alternatives * Trade offs * Incentive: Reward that encourages and action or penalty that discourages * Microeconomics: Choices of: * Individuals * Businesses * The way these choices interact in markets and the influence of the government * Macroeconomics: * Study of the performance of the national economy and the global economy * E.g.
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I. MICROECONOMIC Micro-environment is preferred as ‘the operating system’ which includes the forces that has significant impacts on and can affect the organization’s ability to operate and serve its customer (Chaffey et al‚ 2009). This is influenced by the need of customers and how services are provided to them through the competitors‚ marketing intermediaries‚ and suppliers within the marketplace (Chaffey et al‚ 2009). 1. Customer Airasia provides to its customers the basic flight carrier
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primacy of live-ness and immediacy raises significant problems with 24hr news channels. With such channels‚ news judgment has to be consistently providing materials for the screen‚ commentary on events as they happen‚ leading to a tendency for speculation over knowledge with the aid of appropriate examples. Discuss this statement as a major criticism of 24hr news channels The main function of 24 hour news channels is to collect news stories from around the world‚ or from particular regions‚ and broadcast
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The notion of “fairness” is often the justification given for the government intervention in the market. Do you agree or disagree. 1.0 Introduction Fairness in the market can be defined as the equally distribution in the proportion of economic pie to every party. In the past‚ the economic prosperity is not uniformly allocated among the members of society. The wealthier will have a larger proportion of the economic pie whereas the poorer parties will only occupy a smaller part of the economic
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Answer the following questions: Question One: Explain why each of the following two statements is False: (Assume that all variables are kept constant in all the 3 statements below) Statement (1):If the price of shoes decreases‚ then the demand on socks will decrease as well because the two goods are complement goods. This statement is false : because they are complement goods so is the price of (x) which is shoes decreases the quantity demand of (y) which is socks must increases. In
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Demand will not be affected. The result is a rise in the price of minivans and a decline in the quantity sold C. Engineers develop new automated machinery for the production of minivans. Ans: The decision to supply technical factors affected production technologies improve‚ will increase the supply of domestic wagon. Ans in: The development of new automated machinery for the production of minivans is an improvement in technology. This reduction in firms ’ costs will result in an
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