Explain how production possibility curves can be used to demonstrate the problem of unemployment‚ effects of technological change and the benefits of economic growth. Human wants are unlimited and resources are scarce. In order to satisfy these wants‚ all societies face the problem of allocating these scarce resources to producing the wanted products. These decisions greatly affect the economy and will contribute to the movements of growth. A graph that visually represents the results of the decisions
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Supply & Demand Eco/365 December 17‚ 2012 Various factors‚ including fluctuations such as increases or decreases in prices‚ can cause a change in supply and demand as well. This paper will attempt to discuss different economic principles and factors and how they are affected by change. In the current situation‚ GoodLife Management manages seven rental properties in the city of Atlantis‚ and over the course of 7 years has to be flexible with its pricing due to
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INEALSTIC DEMAND Student Name Institution Inelastic Demand Inelastic demand is a situation whereby a one per cent change in price of a commodity leads to less than one per cent change in quantity demanded by the consumers. Products that exhibit inelastic demand have an almost constant demand no matter the change in prices. Figure 1: Diagram illustrating inelastic demand As shown from diagram above‚ the price changes from P1 to P2 and quantity fall from Q1 to Q2. The
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2 CRITICAL ANALYSIS OF WINDOW 7 OPERATING SYSTEM Windows 7 is an operating system that was developed by Microsoft Corporation for computers (laptops‚ notebooks‚ home and business desktops PCs); it was released to the public 3 years after the release of Windows Vista operating system. Unlike Vista‚ Windows 7 is stable‚ faster and has more support for hardware. 2.1 MAIN FEATURES OF WINDOWS 7 OPERATING SYSTEM Action Center – This is a central place where we can view alerts and take
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OPERATING M86-02 8086 BASED MICROPROCESSOR --------------------------------------After power on the system we have the following text displayed on LCD. If the text is not displayed‚ press reset button. (Note reset always brings LCD to this initial position). Press enter to see the main menu as shown The following we describe the function of each command A= ASSEMBLE This command is used to convert input assembly language into the machine language. To activate simply press ‘A’ on main menu
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DESIGN OF QUESTION PAPER ECONOMICS Class – XII Marks – 100 1. Duration – 3 hrs. Weightage by type of questions Type Number of questions Long answer questions Short answer questions I Short answer questions II Very short answer questions 2. 6 4 3 1 Total Estimated time a candidate is expected to take to answer 36 60 minutes 24 36 minutes 30 50 minutes 10 15 minutes Weightage by content Unit No 1 2 3 4 6 7 8 9 10 3. 6 6 10 10 Mark
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1.5 Modern OS are interrupt driven. Events are almost signaled by the occurrence of an interrupt or a trap‚ which caused either by an error or by a specific request from a user program that an OS service be performed .Dual-mode Operation allows OS to protect itself and other system components whereas Multimode Operation increasingly CPUs support multi-mode operations. System call provides the means for a user program to ask OS to perform OS tasks on the user program’s behalf. When a system callis
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Guide to UNIX Using Linux Fourth Edition Chapter 5 Solutions Answers to the Chapter 5 Review Questions 1. You have just finished a 25-page paper that you have written using Emacs. The file containing the paper is called /assignments/data_sources. After your instructor has briefly looked at the paper‚ she recommends that you change all instances of the reference “data is” to “data are” before you submit it. Which of the following commands can you use to locate these references in the
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According to the results‚ there was no significant difference between the filtered 100% water composition‚ and the filtered 90% water 10% soap composition. However‚ based on fFigure 2‚ the Average of Absorbance graph‚ showed that growth of the algae for the 100% water composition was observed to be slightly higher than the 90% water 10% soap composition. Meaning the soap may have slightly affected the growth of the algae‚ in some way. One possible‚ reason for a slightly higher growth for the filtered
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Demand Varies by Market Segment Random fluctuations usually are caused by factors beyond management control. However analysis will sometimes reveal that a predictable demand cycle for one segment is concealed within a broader‚ seemingly random pattern. This fact illustrates the importance of breaking down demands on a “segment-by-segment” basis. For instance‚ a repair and maintenance shop that services industrial electrical equipment may already know a certain proportion of its work consists of
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