ECON 201 –001‚ Assignment #1 Principles of Economics Due Date: September 11‚ 2013 @ 11.30 a.m. Question 1: Principles of economics (5 point each for a total of 45 points) In each of the following situations identify and briefly explain which of the nine principles is at work: 1. You choose to shop at the local discount store rather than pay a higher price for the same merchandize at the local department store. 2. On your vacation trip your budget is limited to $35 per day. 3. The student
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a Theory A young mother you do try things to get your house to run as smooth as possible. I was trying to look for ways to get my four year old daughter to know what her chores are‚ how I was going to reward her for doing them with or without being told and ways to punish her if she didn’t do her chores at all even after I had asked her to do them. Trying to get my daughter to do her chores was one less thing I had to do and it was her way of helping around the house. The way I started my process
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Problem 4-1 AlwaysRain Irrigation‚ Inc.‚ would like to determine capacity requirements for the next four years. Currently two production lines are in place for making bronze and plastic sprinklers. Three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers‚ 180-degree nozzle sprinklers‚ and 360-degree nozzle sprinklers. Management has forecast demand for the next four years as follows: | | ------------------------------------------------- YEARLY DEMAND
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Jenny Wells 24/05/15 Outcome 1 1.1 Describe the expected pattern of children and young peoples development from birth to 19 years. a) Children develop and mature at different rates. There are however certain expectations for their development between the ages of 0 and 19 years. The expected physical development for a baby of 0-6 months at this stage is laying on their backs and side‚ they are also learning to suck. Slightly older newborns are beginning to learn to move their head with their
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ACCT 201 Final Exam Answers http://www.homeworkwarehouse.com/downloads/acct-201-final-exam-answers/ ACCT 201 Final Exam Answers 1. The term “double taxation” refers to which of the following: A. A sole proprietorship must pay income taxes on its net income and the owner is also required to pay income taxes on withdrawals. B. In a partnership‚ both partners are required to claim their share of net income on their tax returns. C. Corporations must pay income taxes on their net income‚ and their
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self-interest is assumed. 5 Economics is a science‚ and employs the scientific method. 6 Theory is a set of testable hypotheses that explain observed facts. 7 The ceteris paribus condition is violated if background causes change when a hypothesis is being tested. 8 The fallacy of composition occurs when what holds for an individual acting independently is inferred to the aggregate‚ or vice versa 9 Positive statements are statements of fact with no value judgments. 10 Normative statements have
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contemporary usage of the word “theology?” 1. Study of belief of God‚ His relationship to the world‚ to man 2. Strong: Theology is the science of God and the relations between God and the universe 3. Fitzwater: Theology is the science of God’s essential being and His relationship to the universe as set forth in the Holy Scriptures. 4. Science of Religion 5. the doctrines of the church What is catechism? Answering the question‚ "What is theology"‚ by setting theology within a scheme of questions and
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Moderator: Good Morning Ma‚am Lasalita‚ Good Morning classmates. The Dept. of education has proposed to overhaul the basic and secondary education curriculum by adding 2 more years to the system. Our group will present a panel discussion on the merit of this proposal. May I present to you the members of my panel. To my right areR1‚R2‚ and R3. They will be presenting the side of the Dep. Of Education. While on my left side are L1‚ L2 and L3. This group is ready to present the
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Secular Humanism I. Part One: i. Secular Humanism believes that matter has always existed and given enough time and chance‚ the end result is what you see around us today (Naturalism). In summary‚ everything that exists has nothing to do with God; it all comes from nature because there is not enough evidence to support existence in the supernatural. ii. In secular humanism view mankind is only a more sophisticated animal‚ and is not any greater in value over the animal kingdom. They believe
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1.Which wage standard for foreign sweatshops is supported by Ian Maitland? Market wages in the area where the sweatshop is located 2.Which description of a fair wage is most clearly based on utilitarian ethics? Wage that is based for the economy as a whole 3.Which standard for firing workers is known as “employment at will” For any good or bad cause or even with no reason at all 4.Which exception to employment at will is currently enforced by US law? Christian workers cannot be fired out
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