Chapter 01 Limits‚ Alternatives‚ and Choices Multiple Choice Questions 1. Economics is the study of: A. increasing the level of productive resources so there is maximum output in society. B. increasing the level of productive resources so there is a minimum level of income. C. how people‚ institutions‚ and society make choices under conditions of scarcity. D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses. 2. The primary
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Weight Watchers is one of the longest running weight loss programs in the country. The plan has even reinvented itself to give plan users variety and therefore another reason to stick with it. The Weight Watchers program is based on the POINTS? system and group support. Your weight category when you start with Weight Watchers will be assigned a specific range of points these are the points you can eat in any given day on the plan. Now as long as you stay within that point range you will lose weight
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Boosting the minimum wage would make exiguous people want to earn a degree‚ when they could be making the affiliated amount at a minimum wage job. If the minimum wage increases‚ it will affect our country in a mass of ways that will not make many too happy. This will put a great deal of people in a much harder situation‚ and make it harder for them to live. It’s been proven by various people that our economy would become more abominable than it is by getting minimum wage raised. Society believes
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process which supports‚ assures and develops the knowledge‚ skills and values of an individual‚ group or team. The purpose is to improve the quality of their work to achieve agreed objectives and outcomes. In social care and children’s services this should optimise the capacity of people who use services to lead independent and fulfilling lives”. (National Occupational Standard on Supervision developed by Skills for Care and Development and CWD Supervision has its origins in social work and casework
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Professional athletes get paid way too much - by Debate.org Thank you to whoever accepts my debate Let me start off... Professional athletes get paid way too much. Here are some statistics on the salaries of pro athletes. Profession Average salary (per year) Minimum starting salary : Basketball player $2.2 million $220‚000 Baseball player $1.37 million $109‚000 Hockey player $892‚000 $125‚000 Football player $795‚000 $131‚000 In contrast • The average pay for classroom teachers in
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PROFESSIONAL DEVELOPMENT FOR STRATEGIC MANAGERS Introduction According to Guskey (2001)‚ Professional Development refers to the intentionally designed endeavours to bring about improvement and change in the professionals towards a planned goal and vision of achievement. These goals determine what to include in professional development‚ which processes and procedures to develop and follow and what criteria to use to assess and evaluate the process. Guskey (2001) further outlines the following steps
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This paper develops an approach to investigate the impacts of minimum wages on youth unemployment. Youth employment seems to be an important issue within economies around the world‚ but this papers focus will be within the United States. On August 18th‚ 2015 the U.S Bureau of Labor Statistics reported that from April to July 2015‚ the number of employed youth 16 to 24 years old increased by 2.1 million to 20.3 million . But the question isn’t why or even how‚ it’s what is to come next. Each time
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disadvantaged minorities in inner-city communities. The mandatory minimums created a round-up effect that many believed to do with the decline in criminal rates since the early 1990s. However‚ this decline mirrors that of Canada‚ whose prison population was actually declining in comparison to the rise of incarceration in the United States (Smith‚ Goggin and Gendreau 2002). This means then that a direct statement on the mandatory minimum sentencing cannot adequately explain the decline in criminal activity;
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“No family gets rich from earning the minimum wage. In fact‚ the current minimum wage does not even lift a family out of poverty” (Jon corzine). The first minimum wage; a fundamental labor standard designed to protect workers‚ just as child labor laws and overtime pay rules do‚ in the U.S. was only $.25‚ a huge difference from today’s $10.00. Minimum wage was imposed by the Standards Act of 1938‚ which president Franklin D. Roosevelt had signed. A business owner in the U.S. who is not willing to
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> 0 = - 180 –( -200) > 0 = 20 > 0 Since 20 is greater than 0 the economic effect of merger is positive thus it should be allowed. d). When P0 = $ 52 ½ (ΔP)( ΔQ) = ½ (70 – 52) (30 – 48)= -$162 Cost saving(A2) Δ(AC)Q1 =(44-52)*30 = -$240 [ Δ(AC)Q1 - ½ (ΔP)( ΔQ)] > 0 = - 240 –( -162) > 0 = -78‚ which is not greater than 0 thus ‚ the economic effect of merger is negative hence‚ it should not be allowed. Exercise 2 a). Constant marginal cost of Speed Car Production(MCS)= $100 Marginal cost of Better
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