Samantha Becicka Macro Study Guide Chapter 3 1 We have scarce resources so in our choices of consumption we wish to maximize the satisfaction we receive from those choices. The economist terms this maximizing the __utility_________ 2 Since it is unlikely that we can grow our own food‚ sew our own clothes or build our house‚ it would be better if we would __specialize___ in what we do best and __exchange_ for those needs that others do better 3 The term _product market___ is a place where and
Premium Economics Consumer theory Marketing
1. Why did the Framers of the Constitution opt for a federal system rather than a unitary one? The experience with British rule had soured the Founders on the idea of one government with centralized and ultimate power. The new Americans did not care if tyranny came from a central government in America rather than from across the Atlantic—they wanted to make the potential for tyranny as remote as possible. In a federal system‚ both the states and the central government are sovereign within
Premium United States Constitution United States Articles of Confederation
304.2 2.1 Describe what actions to take if you suspect that a person is abused. When acting on suspicion on abuse you need to be fully aware that is isn’t going to harm the victim even more so. But you do need report this in my case I would report to my senior‚ nurse‚ and manger and if I still wasn’t satisfied then I would report this on to social services‚ safeguarding and CQC. I would make my report in written and date this and keep a copy for evidence. If the report was against an employee
Premium Law Childhood The Child
1.What were the economic and political policies of the states in the post reconstruction south? Throughout the post reconstruction period‚ the Democratic party dominated in almost every political aspect and controlled most state and local government decisions. The debt and finances were a huge issue in post reconstruction politics due to the debt reaching close to 17 million dollars by the year 1875. The debt itself consisted of a variety of bonds issued during the Reconstruction period. The simplest
Premium American Civil War Southern United States United States
The subject of The Open Door Policy between America and China is a controversial issue. Advancments in The Open Door Policy between America and China can be linked to many areas. Until recently considered taboo amongst polite society‚ it is yet to receive proper recognition for laying the foundations of democracy. Often it is seen as both a help and a hinderence to global commercial enterprises‚ who are likely to form a major stronghold in the inevitable battle for hearts and minds. Hold onto your
Premium Word Boxer Rebellion Empire of Japan
Herman Webster Mudgett‚ also known as the infamous H. H. Holmes‚ was “born with the devil in him.” Holmes committed an estimated 200 murders in his lifetime‚ and is now known and believed to be America’s first serial killer. His secretive “murder castle‚” crimes and arrest‚ and his trial and execution almost 130 years ago‚ all has led him to his infamy today. H.H. Holmes killed at least nine people‚ confessed to as many as thirty murders‚ and may have been responsible for up to two-hundred
Premium Serial killer Murder
1. | What is an operating system? | | An operating system is a program that acts as an intermediary between the user and the computer hardware. The purpose of an OS is to provide a convenient environment in which user can execute programs in a convenient and efficient manner. It is a resource allocator responsible for allocating system resources and a control program which controls the operation of the computer hardware. | 2. | Why paging is used? | | Paging is solution to external
Premium Operating system Computer Scheduling
Ms. Brooks 03/10/2012 UNIT 5 Essays Differentiate between fraud and abuse. Define fraud and abuse‚ identify at least three elements of each‚ and contrast the differences between them. Cite illustrative examples of the differences. Fraud is any and all means a person uses to gain an unfair advantage over another person. In most cases‚ to be considered fraudulent‚ an act must involve: – A false statement (oral or in writing) – About a material fact
Premium Fraud Invoice Credit card
2.) a) proteins b.) i) Amylase ii) Protease iii) Lipase c) i) Glucose ii) Amino Acids iii) Fatty acids and Glycerol 3.) a.) Each enzyme has a unique shape that fits onto the substrate. As enzymes normally only catalyse one reaction the substrate has to fit in the specific shape (active site) and if it doesn’t fit in (lock and key method) then the enzyme won’t be catalysed. b.) As when the enzyme is denatured it’s special shape is destroyed‚ thus destroying it’s active site meaning that
Premium Enzyme
CHAPTER 1 1. Internal expansion involves a normal increase in business resulting from increased demand for products and services‚ achieved without acquisition of preexisting firms. Some companies expand internally by undertaking new product research to expand their total market‚ or by attempting to obtain a greater share of a given market through advertising and other promotional activities. Marketing can also be expanded into new geographical areas. External expansion is the bringing together
Premium Generally Accepted Accounting Principles Economics Balance sheet