Absolute advantage is the simplest measure of economic performance. It is the ability to produce a good at a lower cost‚ in terms of real resources than another country. Absolute Advantage is neither necessary nor sufficient for a country to export a good. In other words‚ a country has an absolute advantage economically over another‚ in a particular good‚ when it can produce that good more cheaply or it can produce more of the good than another country can‚ with the same amount of resources. In fact
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D3 | Purpose / Aims (learning outcomes) | LO 2 | Be able to complete and use business documents for internal and external communication in an organisation | | P 2 | Produce three documents of different types to support straightforward business tasks for internal communication in an organisation | | P 3 | Produce three documents of different types external communication in an organisation | | M2 | Compare your choice of internal and external documents | | D 2 | Justify your choice
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economic problems faced by all societies worldwide. What to produce ? Each and every economy must determine what products and services‚ and what volume of each‚ to produce. In some way‚ these kinds of decisions should be coordinated in every society. In a few‚ the govt decides. In others‚ consumers and producers decisions act together to find out what the society’s scarce resources will be utilized for. In a market economy‚ this ‘what to produce?’ choice is made mainly by buyers‚ acting in their own
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make energy (or ATP) from sugar (glucose). This process is very efficient and produces 38 ATPs for each molecule of glucose. Carbon dioxide and water are the results of this reaction. When muscles undergo rigorous exercise they require more oxygen to make ATP than the blood can supply. At this point the muscle is forced to produce ATP without oxygen. This is known as anaerobic respiration. Anaerobic respiration produces only 2 ATPs for each molecule of glucose. The result of this reaction is lactic
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November 10‚ 2011 Mitosis /Meiosis Mitosis occurs all the time in all body cells. This occurs to produce new cells and replace old and dead cells. We produce new blood cells‚ bone cells‚ skin cells...the list can go on and on. Mitosis in a nutshell is the process of splitting the nucleus and it occurs hand in hand with the rest of the cell cycle and cytokenesis. Meiosis
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By selling directly to consumers‚ produce often needs: less transport less handling less refrigeration less time in storage By selling in an outdoor market‚ the cost of land‚ buildings‚ lighting and air-conditioning is also reduced or eliminated. Farmers may also retain profit on produce not sold to consumers‚ by selling the excess to canneries and other food-processing firms. At the market‚ farmers can retain the full premium for part of their produce‚ instead of only a processor’s wholesale
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substances that produce ink. Since in the modern times chemically made ink is used in writing‚ which can be harmful to nature. The group found out that this process is first discovered by the Spaniards when they were in the Philippines. They found out that avocado seeds contain tannin which produces ink when cut‚ and exposed to air. The avocado seed secretes a milky fluid which acts as the ink when exposed to air. We also found out that a simple cut in the seed will not produce the ink‚ but we
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labor within the capitalistic mode of production produces. Other philosophers such as Rousseau and Adam Smith have established a concept of
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the citizens that own property and the working class citizens who do not. Marx states that this 2-class environment proves to be hostile because the working class citizens suffer from impoverishment and separation from not only the products they produce‚ but also from themselves and the rest of the
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going to resolve the problem. That is where invariably the poet produces the metrical substitution. The most prevailing line of verse in English prosody is the iambic pentameter. In a sonnet the sound pattern will be the same‚ which could make it terribly monotonous. So‚ the poet produces what is known as Metrical Substitution‚ also called metrical variation‚ for a number of reasons. One of them is to vary the rhythmical pattern to produce excitement and action in the reader’s ear. So in a sonnet with
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