Short answer questions I 6 4 24 36 minutes Short answer questions II 10 3 30 50 minutes Very short answer questions 10 1 10 15 minutes 2. Weightage by content Unit No Unit Sub-Units Marks 1 Introduction 4 2 Consumer Equilibrium and Demand 18 3 Producer Behaviour and Supply 18 4 Forms of Market and Price determination 10 6 National income and related aggregates 15 7 Money and Banking 8 8 Determination of Income and employment 12 9 Government Budget and the economy 8 10
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uncertainties such as where suppliers’s replenishment and lead times are not known with certainty-in such cases an investment in safety stocks is necessary if customer service is to be maintained at acceptable levels * Meet unexpected demands or demands for customization of products as with agile production * Smooth seasonal or cyclical demand * Take advantage of lots or purchase quantities in excess of what is required for immediate consumption to take advantage of price and quantity discounts
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Contents 1. Introduction Demand and supply is one of the most essential fundamental concepts of economics and it controls the behavior of market economy. Purpose of assignment is to study the reasons for increase in price of egg over the period. Egg price at markets may be affected by many factors related to demand and supply. Article says that the main cause for the price increase attributed to increases in price of inputs‚ especially in feed prices. In order to elaborate the topic
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complex conditions of modern business and increase in almost all aspects of services operation have compelled the management of every service industry to place emphasis on the efficient and effective method of presenting its service. The need for marketing in service industry cannot be overemphasized‚ the degree of marketing activities in a company depends on the size of the market. Traditionally‚ executives in service industries have not been market driven. They have lagged behind sellers of products
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Assignment 1 Case Study: Contract and Sale of Goods Law Vinyl film is used to make commercial signage such as billboards‚ signage on vehicles‚ and traffic signs. There are two types of vinyl film: cast vinyl film and calendared vinyl film. Cast vinyl film is considered by the industry to be a premium product with excellent durability and conformability (ie ability to stretch over surfaces with corrugations or curves). It is used when the customer wants a paint-like finish that will last a long
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MGMT E-2000 Fall‚ 2012 Problem Set 1 (Due Tuesday‚ Sept. 25) (100 pts.) 1. (10 pts.) Explain the distinction between direct and indirect finance. 2. (10 pts.) Discuss the reasons for the decline we have witnessed over the past 30 years in the number of U.S. banks. 3. (30 pts.) Suppose the total amount of reserves in the economy is $5 billion‚ and the public does not directly hold any cash. Also‚ suppose all banks hold excess reserves equal to 4% of deposits
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Experiment No 2: Title: Characteristic electrical output of a PV module Objective: 1. To investigate the characteristic IV and power curves of a PV module 2. To determine maximum power transfer and the optimized load to obtain maximum power transfer from the solar cell to the load Components: 1. PV module 2. 2 units of Multimeters (mA Ammeter‚ Voltmeter) 3. Variable resistors (50 (‚ 100 (‚ 1 k(‚ 5 k() 4. Retort stand 5. Xenon Lamp (Solar simulator) 6. DC power
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of the basis as to why many tourists are attracted to visit the Maldives. The government of Maldives has increase the tax that has been taken by the tourist named as tourism goods and service tax‚ to 6% to 8%‚ by saying Maldivian tourism didn’t get expected state revenue. Minister Ahmed Adheeb said that the tourism industry will not earn the expected revenue for the year which
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CHAPTER 20 Supply and Demand: Elasticities and Government-set Prices A. Short-Answer‚ Essays‚ and Problems New 1. The president of a toy company asks you for advice about whether the company should cut the price of its best-selling doll this year based on the following information: last year the company cut the price of its best-selling doll by 10% and the total revenues from doll sales increased by 10%. New 2. The owner of a health club asks you for advice about whether the company
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Week concerns with whether there is a risk of deflation or inflation. It emphasizes the danger of an overestimated output gap that could lead to stubborn inflation due to loose monetary policy following the 2008 recession. This report has the following objectives: Firstly‚ it explains the concept of the output gap and its coherency to inflation. Secondly‚ it shows the measurement of output gap and finally‚ it highlights inflation and means of monetary policies to avoid inflationary pressure. All theoretical
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