Economics 1101 -- Assignment 4 Problem 1. a. (1 point) What is the total fixed cost for the DeBeers Diamonds? The total fixed cost for the DeBeers Diamonds is zero. b. (2 points) Complete the table above‚ providing total revenue‚ marginal revenue and marginal cost‚ as well as Total Cost when Q = 0. (Remember to put marginal items in between units.) COSTS REVENUES Quantity Produced Total Cost ($) Marginal Cost Quantity Demanded Price ($/unit) Total Revenue Marginal Revenue 0
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How and why did German Nationalism develop in the 19’th century? The development of a sudden national pride‚ began during‚ through and after the French revolution‚ things began to seem more grand and to a larger scale‚ people saw things in a different light. Nationalism suddenly emerged‚ relatively quickly‚ and with immense presence all across Europe‚ the rulers of the time did not like this‚ but what could they do? Germany is probably one of the most prevalent examples of how Nationalism
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capacity of its industry to innovate and upgrade”. Discuss using Porter’s “diamond” framework. Increasingly‚ corporate strategies have to be seen in a global context. Even if an organization does not plan to import or to export directly‚ management has to look at an international business environment‚ in which actions of competitors‚ buyers‚ sellers‚ new entrants of providers of substitutes may influence the domestic market. Information technology is reinforcing this trend. Michael Porter introduced
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Like many immigrant families my German ancestors moved to the United States with the goal to give a better life to future generations. They wanted their children to live comfortably in a reliable place‚ which promoted freedom‚ private property‚ and success. In order to receive this they were willing to uproot their lives in Germany and start their lives over in a strange place. It is this brave move that has made my family the hard working individuals they are. German immigration to America in the
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Michael Porter ’s 1979 framework uses concepts developed in IO economics to derive 5 forces that determine the attractiveness of a market. Porter referred to these forces as the microenvironment‚ to contrast it with the more general term macroenvironment. They consist of those forces close to a company that affect its ability to serve its customers and make a profit. A change in any of the forces normally requires a company to re-assess the marketplace. Four forces -- the bargaining power of customers
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PDF generated: 19 Sep 2013‚ 02:34 constituteproject.org German Federal Republic’s Constitution of 1949 with Amendments through 2012 Conscious of their responsibility before God and man‚ Inspired by the determination to promote world peace as an equal partner in a united Europe‚ the German people‚ in the exercise of their constituent power‚ have adopted this Basic Law. Germans in the Länder of Baden-Württemberg‚ Bavaria‚ Berlin‚ Brandenburg‚ Bremen‚ Hamburg‚ Hesse‚ Lower Saxony‚ Mecklenburg-Western
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to $125‚000 liquid capital for the initial startup and running of the business. Location could also pose a problem because one would need an area sufficient for a restaurant style business. Some knowledge and experience in the restaurant and food industry would be very useful too. Supplier’s Power The franchise owner is essentially at the mercy of the suppliers due to the fact that Kahala‚ Corporation (owner of the restaurant chains) requires the franchisee to only use their selected vendors for
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Grade 8 Anecdotal Short Stories Unit How to Write an Anecdotal Story Anecdote - A short account (or narrative) of an interesting or amusing incident‚ often intended to illustrate or support some point. Adjective: anecdotal. Anecdote From Wikipedia‚ the free encyclopedia An anecdote is a short and amusing or interesting story about a real incident or person. An anecdote is always presented as based on a real incident involving actual persons‚ whether famous or not‚ usually in
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Porters 5 forces Pestle? Business plan The unexpected Incongruities‚ Process needs‚ Industry structure‚ Demographics Changes in perception‚ New knowledge Idea‚ Invention‚ Innovation‚ Diffusion Companies own assets Physical Intangible Human In the past Competitive advantage came from physical assets such as property/land/Financial clout Still important (anyone fancy taking on Apple?) but Intellectual property (patents) and key process management (we know how to do this) i.e. what we
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Mel Carter In “ The German Refugee” by Bernard Malamud‚ we have character named Oskar Gasnerr‚ who is a German- Jewish refugee‚ escaping from German Nazis and comes to America‚ where he has no kins and he can not speak the English language properly. He is supposed to give a lecture in English‚ which is too hard for him to do. Apart from having to talk a language he can’t‚ he is also detachted from her own counrty and family‚ and have economical and social difficulties there. No matter
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