Name: Lê Đức Anh Class: 12B Subject: Economic Question 3: Discuss whether monopolies always lead to an increase to inefficiency? Monopolies‚ in economist mind they are bad‚ however‚ not all things that monopolies do are bad‚ and they also bring benefits along side the negative effect. First‚ monopolies have an advantage of research and development. Monopolies can achieve supernormal profit‚ as they can set high price to a certain product‚ this can be used to fund high cost capital investment
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Milton Friedman‚ “The Social Responsibility of Business is to Increase Profits” In the article‚ “The Social Responsibility of Business Is to Increase Profits‚” Friedman states that “businessmen believe that they are defending free enterprise when they proclaim that business is not concerned merely with profit but also with promoting desirable social ends.” This social responsibility is defined as Corporate Social Responsibility (CSR)‚ which is the belief that “corporations owe a greater duty
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To increase the percentage yield of ethyl ethanoate can be achieved by removing water or ester during esterification. Esterification is reversible reaction. For all reversible reactions‚ they have equilibrium constant‚ denoted by Kc. It should be the same if
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describe Reed’s position in the Columbus market? How do their customers differ from the competitors and where are they satisfying and dissatisfying them? Reed Supermarkets (RSM) currently has an established position in the Columbus market with 25 total stores that hold 14% of the market share‚ the highest of all of its competitors. Their current sales‚ as of 2010‚ are $660 million (slightly lower than in 2009) and they are currently maintaining a profit margin of 2.1%. The RSM brand is known for being
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Nowadays‚ computer gadgets and various electronic communication and productivity devices are now becoming a part of our everyday lives. With the continuing conception of more technologies‚ systems‚ and applications; these tools or gadgets have been proven to lighten-up our workload‚ make us more productive and educated‚ keep us informed and closer to our friends and loved ones‚ or even keep us entertained. We have been more and more dependent on these technologies day-in and day-out. Some of these
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been recommended to solve the problems. The marketing strategies needed to maintain and increase profitability of Yedo are widely globalise it’s stores by opening more outlets in East countries‚ provide more products with low prices but good quality and concentrate on cost-cutting effort. 80 Some people insist that Yedo Department Stores should focus more towards customer-centric in order to increase profitability. Their opinion is that if customers are satidfied with the services‚ they
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How Can I Increase My Milk Supply? This is a common breastfeeding question. When mothers observe certain normal changes and behaviors‚ they may assume their milk supply has decreased. This is often a "false alarm." Other times‚ a mother’s milk supply may truly need to be increased. This FAQ will help you determine if you need to increase your milk supply as well as give you ways to increase your milk supply if appropriate. The FAQ Is My Baby Getting Enough? also pertains to milk supply. Reading
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Intensive care unit (ICU) delirium is often defined as acute brain dysfunction or agitation in the critically ill patient. The concept of ICU delirium is becoming more relevant in the ICU and is seen as a damaging phenomenon. According to Pierson (2007)‚ a number of studies have found associations between the development of delirium and increased morbidity and mortality as well as with increased lengths of stay in both ICU and hospital stays. Throughout this paper definitions of the concept of ICU
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Imagine waking up every day to walk outside and see people who should not be here. Someone who illegally came here and snuck into our beautiful country‚ a man or woman who did not care about us or what we would think of it but only about themselves and their own future. In 2015‚ around 48% of immigrants were naturalized U.S Citizens. Immigration over the years has began to get worse than it has ever been in the past. As of 2014 the amount of illegal immigrants is sitting at approximately 11.3 million
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Imagine having nowhere to go when it starts to get dark or starts raining outside. Imagine sleeping with no roof over your head. This is the reality for over 22‚000 Aussies living in Victoria right now. I strongly believe that the Victorian government should be doing more about the growing homeless population in our state right now. The rate of homelessness has risen 20.7% since 2006 and if we don’t start doing something now that number is just going to keep growing. Firstly‚ let’s define homeless
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