“In a perfectly competitive market‚ there are enough sellers and buyers of a good so that no single seller or buyer can affect its price. Price is determined by the market forces of supply and demand. Individual firms take the market price as given in deciding how much to produce and sell‚ and consumers take it as a given in deciding how much to buy” (Microeconomics‚ 3rd edition‚ 1995). One of the market structures is monopoly. “Monopoly is the sole producer of a product; a monopolist is in unique
Premium Monopoly Perfect competition Economics
Jamai Wilson The Pentium microprocessor flaw was discovered in June‚ 1994. The Pentium microprocessor is the CPU for what was once possibly the widest-selling personal computer. Unlike previous CPUs that Intel put on the market‚ the 486DX and Pentium chips included a floating-point unit (FPU)‚ which is also known as a math coprocessor. Previous Intel CPUs performed arithmetic using integers; programs that used floating-point numbers (non-integers like 2.5 or 3.14) needed to tell the chip how
Premium Personal computer Microprocessor Computer
Microfridge Q. 1 What value does the product create and for whom ? Ans. Value created by product are (i) Three functionalities in one i.e Microwave ‚ refrigerator and freezer for limited user at a low and affordable cost (ii) Safety from fire(against use of hot plates). oMicrowave can allow save cooking (iii) Freedom. Microfridge can be used to heatup your food. Refrigerator and freezer can be used to preserver food /fruits for long time and drinks at a servable temperature
Premium Variable cost Costs Fixed cost
Assignment/Tutorial/Practical Report Cover Sheet Student’s Name : MUHAMAD LUKMAN BIN ISMAIL MOHAMMAD MUZAKKIR BIN MOHD JANNY MOHAMAD KHAIRUL NIZAM BIN MD NOOR NORANIZA BINTI ISHAK SYED JAFFAR BIN SYED MAHDZAR MOHAMAD SAFUAN BIN JOHARI Matric No. : 37209 34942 36967 39897
Premium Trigraph Color
BHS002-1 Microbiology Practical Manipulation of bacteria – Part 1 Week 45 Since the early days of microbiology in the 19th century‚ culture on agar plates has been a central technique for the study of bacteria. This practical is designed to introduce students to the basic techniques required to manipulate bacteria. Students will gain experience with the streak plate procedure‚ used to isolate pure colonies of bacteria‚ and viable plate count methods. The latter involves serial dilution and spread
Premium Escherichia coli Agar plate
‘Micro Finance and Women Empowerment ’ By Ms. Varsha Parikh Lecturer Department of Extension and Communication Faculty of Family and Community Sciences The M.S.University of Baroda Vadodara 390002‚Gujarat‚ India E-mail : vbparikh@rediff.com Micro Finance and Women Empowerment By Ms. Varsha Parikh ABSTRACT Self-help groups intermediated by microcredit have been shown to have positive effects on women. Micro finance refers to small savings
Premium Microfinance Poverty
------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- MICHELLE REYES ABUDE ------------------------------------------------- Brgy. 66 Paseo de Legaspi St.‚ Tacloban City ------------------------------------------------- michelleabude@yahoo.com ------------------------------------------------- 09174844076 Objective: To become an employee
Premium Philippines Leyte
Doc. ID Page No. Date: Revision No.: Handout 1 November 2013 0 SHIP’S CATERING SERVICES NC 1 (MESSMAN) Day 3 HOUSE RULES SHIP’S CATERING SERVICES NC 1 (MESSMAN) Day 3 Doc. ID Page No. Date: Revision No.: Handout 2 November 2013 0 What to Bring • Ballpen • Extra notebook (for note-taking) • Training hand-outs House Rules/Training Guidelines • Cellular/Mobile phones: On SILENT MODE • Eating‚ drinking and smoking are not allowed inside the training
Premium Knife
Introduction – Hotel Industry and Catering The purpose of this report is to evaluate The Felbridge Park Hotel’s marketing capabilities. This family owned business based in Sussex belongs to the UK Hotel Industry. Elements of Hotel Catering are also included in discussion due to the hotel’s restaurant. The recession is the main economic factor affecting this industry. 2009 has been tougher than 2008‚ ‘although there has been an increase in the number of consumers taking UK breaks in 2009 ‚ it is
Premium Hotel Marketing Hotels
Teamwork in the Tourism and Hospitality Industry-A case study of Labadi Beach Hotel-By HELENA ODOI INTRODUCTION Organisations are described as social entities with a common goal of providing goods or services to their clients on a profit or not-for-profit bases. As social entities‚ organisations are made up of groups of people who must work together and coordinate their efforts to achieve a common goal. This calls for the creation of groups or teams within organisations with their individual or
Premium Hotel Team Security guard