Economics 247 Assignment 1 Version A This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this course. You should complete it after completing your course work for Units 1 through 5. Answer each question clearly and concisely. 1. a. 3/3Define opportunity cost‚ and explain its importance in economics. (3 marks) -The opportunity cost of something is what you must give up of one thing‚ in order to get it. Opportunity cost is a key concept of
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Definitions; Basic economic problem – Capital capital goods‚ or real capital are those already-produced durable goods that are used in production of goods or services. Command economy – economy where supply and price are regulated by the government rather than market forces Division of labour - Division of labour is the specialization of cooperative labour in specific‚ circumscribed tasks and like roles Enterprise- simply another name for a business. Free market economy - is an economy in
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Residuals Date: _____________________ Introduction The fit of a linear function to a set of data can be assessed by analyzing__________________. A residual is the vertical distance between an observed data value and an estimated data value on a line of best fit. Representing residuals on a___________________________ provides a visual representation of the residuals for a set of data. A residual plot contains the points: (x‚ residual for x). A random residual plot‚ with both
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communication style need to meet the needs of the historical moment” (Arnett & Arneson‚ 1999‚ p. 34). “Appropriate use of communication‚ as well as business investments‚ need to be historically grounded in what is ‘appropriate’ for a given era” (Arnett & Arneson‚ 1999‚ pp. 34-35). Also‚ “much of our communication is guided by our personal needs” ((Arnett & Arneson‚ 1999‚ p. 35). When meeting the historical moment‚ it is crucial to actually meet the historical moment by discussing issues that are relevant
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What is a data structure? Data structure is a mechanism for storing data and organizing it in some way. The data structures you use in Alice are list and arrays. 2. Which automatically grows in size as you add items to it‚ lists or arrays? The list automatically expands as items are added to it. 3. When you drag a list tile and drop it on top of a placeholder in an instruction‚ a menu will appear. What will be on the menu? A menu appears showing a list of the methods that you can call
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am going to explain data protection‚ talk about the data protection acts‚ rights and principles. I’m going to talk about a data controller and a data processor and what their responsibilities are. What personal and sensitive data are. What a data receiver is and what his rights are‚ what is involved in direct marketing and I will mention an example of abuse or corruption that occurred in Ireland. Data protection acts Data protection is legal control over and access to use of data stored in computers
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different areas of sociology- definition of the field of study‚ analysis of the economic structure and its relations with other parts of the social structure‚ theory of social classes‚ study of religion‚ theory of ideology‚ analysis of the capitalist system etc. In this essay‚ we will deal with his contribution to the study of social development or the materialist conception of history. Marx put forward his conception of historical materialism for the first time in German Ideology in 1845-6. He believed
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Data Structures and Algorithms DSA Annotated Reference with Examples Granville Barne Luca Del Tongo Data Structures and Algorithms: Annotated Reference with Examples First Edition Copyright c Granville Barnett‚ and Luca Del Tongo 2008. This book is made exclusively available from DotNetSlackers (http://dotnetslackers.com/) the place for .NET articles‚ and news from some of the leading minds in the software industry. Contents 1 Introduction 1.1 What this book is‚ and what
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2 Areas of data processing 1. Business Data processing (BDP) . Business data processing is characterized by the need to establish‚ retain‚ and process files of data for producing useful information. Generally‚ it involves a large volume of input data‚ limited arithmetical operations‚ and a relatively large volume of output. For example‚ a large retail store must maintain a record for each customer who purchases on account‚ update the balance owned on each account‚ and a periodically present a
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All schools implement ‘Rules’ which are non-negotiable and relate to health and safety‚ bullying‚ drugs‚ and aggressive behaviour. These rules are illustrated around the school to act as a reminder and demonstrate the type of behaviour expected from them. My school has a 5 step disciplinary policy to discourage bad behaviour. The neccessity for rules and sanctions needs to be communicated to students in order to keep them safe from harm as well encouraging positive behaviour. T.A’s should also
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