“If an economy is at a general competitive equilibrium‚ we may conclude that social welfare is being maximized.” Access this statement and explain why you think it is right or wrong. This essay will commence by defining the criteria for social welfare maximization. It will then discuss the relationship between competitive market and Pareto efficient before explaining the implication from the first and the second welfare theorem. It will then talk about equity issue arise from the topic and social
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Easter Island is one of the most unusual places on the planet. In A Green History of the World Clive Ponting notes‚ “Easter Island is one of the most remote‚ inhabited places on earth. Only some 150 square miles in area‚ it lies in the Pacific Ocean‚ 2‚000 miles off the west coast of South America and 1‚250 miles from the nearest inhabitable land of Pitcairn Island‚” (Ponting‚ 1991). The extreme isolation of Easter Island or Rapa Nui is not the islands most distinguishing feature. The most interesting
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Nestles RECOMMENDATIONS Objective Nestles market share of the chocolate/confectionary is currently at 20.0% compared to that of Cadbury at 34.1%. Based on this it is clear that Cadbury is ahead of Nestle in the Chocolate/confectionary department. A big reason for this is chocolate blocks. Cadbury successfully re-launched there Cadbury dairy milk chocolate range in 1996 and it has since become a large seller. So big in fact that
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which taught top students the most rigorous and advanced courses. He ranked the top 20 out of 1650 during final examinations and kept 4.0 GPA. Now that he is determined to apply to American university‚ I will be more than willing to write the recommendation letter in support of him. As a top student that had much insight in learning new theories or problems‚ he could always put forward certain good questions when I was giving lectures. Though the answer to these questions are often exactly the
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Two Sample Letters of Recommendation Below is a sample letter of recommendation for admission into the Tippie School of Management Executive MBA Program. Elements for a successful letter should include how long the writer has known the candidate and in what capacity. Then‚ is simple statement share a few remarks about qualities you believe make this a successful candidate for enrolment into the Executive MBA program August 10‚ 2012 Admissions‚ Tippie School of Management Executive
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In Jared Diamond’s "Twilight at Easter‚" we travel across the mysterious Easter Island as he describes the most intriguing fact about this place: the island consists of monolithic stone statues that had once been found all over the island despite the apparent lack of means to create them or ways of transporting them to their different coastal locations. This central mystery of standing statues had been explored since the earliest recorded European contact by Jacob Rogeveen in 1722. While the mystery
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Three Sample Recommendation Letters: Outstanding‚ Proficient‚ and Unsuccessful Student Teachers 1. Sample Recommendation for an Outstanding Student Teacher Ms. ____________________________very successfully completed her practicum experience at the ______________________________ High School in Anytown‚ USA. She spent 16 weeks observing‚ assisting‚ and teaching in my English class. Our school is noted for a diverse student population and two of our classes are heterogeneously grouped‚ which offers
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January 8‚ 2013 Re: Recommendation Letter To whom it may concern: I am writing this letter at the request of Mr. Sayed Elyas Kawish and his desire to apply for British Chevening Scholarships for the Construction Management MSc Postgraduate Taught Program. Though many students ask me to make this request on their behalf‚ I only recommend students whom I feel are well-suited for the program of their choice. Mr. Kawish is one of those students and therefore‚ I highly recommend that he be given the
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ANALYSIS Not marble‚ nor the gilded monuments (1): This line is likely an allusion to the lavish tombs of English royalty; in particular‚ to the tomb of Henry VII in Westminster Abbey‚ which contains a large sarcophagus made of black marble with gilded effigies of King Henry and his queen‚ Elizabeth of York. unswept (4): note that the pronunciation here is /UN swept/. with sluttish time (4): i.e.‚ by filthy time. In Elizabethan England the word "sluttish" could describe either a sexually promiscuous
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Recommendation Letters To Whom It May Concern: This letter is my personal recommendation for Mrs Alemneh Agegn. Until just recently‚ I have been ’s immediate supervisor for years. I found him to be consistently pleasant‚ tackling all assignments with dedication and a smile. Besides being a joy to work with‚ he is a take-charge person who is able to present creative ideas and communicate the benefits. He has successfully developed several helpful plans in his department. During his work‚ we saw
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