Tutorial Set 1 PREFERENCES 1. A basic assumption about consumers in microeconomics is that they have preferences over different baskets of goods. Explain the concepts: “preference”‚ ‘preference order”‚ and “basket of goods”. 2. a) If there are only two goods‚ it is possible to illustrate a consumer’s preferences over them with an indifference map. Draw an indifference map with three indifference curves. b)There are a few standard assumptions about what an indifference map can and cannot look like
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of the following statements is not correct? A) Under variable costing‚ net operating income for Year 1 and Year 2 would be the same. B) Because of the changes in production levels‚ under variable costing the per unit inventory value will change each year. C) The total net operating income for all four years combined would be the same under variable and absorption costing. D) Under absorption costing‚ net operating income in Year 4 would be
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I Hate to CookThe smell of raw fish and the sight of uncooked poultry can make me nauseated. The thought of putting my hands on cold bloody slabs of defrosted beef makes me want to run in terror. The heat coming off a burning hot stove and me being the one behind it‚ is worse than death its’ self. What could be worse than death you say? I say cooking is worse than death. This is why I hate to cook. Why do I hate to cook so much‚ first it’s so time consuming. Figuring out what to make for dinner
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The Things I Carry Poem I carry a heart An entity that makes impulsive emotional decisions An entity that lets me carry hatred‚ love‚ jealousy‚ Charity and a willingness to help. At times it can be fragile‚ And at times it’s needy for protection. Protection from this world of corrupt men Which has brought me to such a sad state‚ From the noble values that I once had. I carry a mind An inquisitive mind that desire to understand That is very powerful. What I think on is what my future
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good father. Everywhere I go I see kids spending time with their fathers‚ but not me. My father is my worst enemy. For example‚ he picks his wife over me‚ he makes me feel like a small kid next to bigfoot‚ and he made me into a person I don’t want to be. My father is my worst enemy because he picks my stepmother over me. He lets his wife dominate him like a toy. For example‚ one day I was supposed to go to their house to sleep over. I was ready to go when I get a call from my father
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The Ten Commandments The Ten Commandments as handed down by God to Moses on Mt. Sinai were the beginning of the nation of Israel‚ when they were leaving Egypt as slaves‚ for freedom in the promised land. They were considered to be the Law of God for his chosen people. There are‚ however‚ some major differences in interpretation. There is a difference in what the Catholic Church uses as the Ten Commandments and what the protestant churches use. In the Catholic Church they are as follows: 1
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Why I hate religion but love Jesus: Persuasive technique analyse. In the video‚ the man giving the speech used generalisation by talking about everyone in general. He wasn’t saying his speech specific to a particular person‚ but in fact he was saying it to everyone. Emotive Language is strong words used by the Speaker to move the feelings of the listener. We see a strong form of emotive language in the video when the Speaker says “If grace is water‚ then the church to be an ocean. It’s not
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Gossip Girl You Know You Love Me All I Want is Everything “Scandal is gossip made tedious by morality.” —Oscar Wilde Disclaimer: All the real names of places‚ people‚ and events have been altered or abbreviated to protect the innocent. Namely‚ me. hey people! Ever wondered what the lives of the chosen ones are really like? Well‚ I’m going to tell you‚ because I’m one of them. I’m not talking about beautiful models or actors or musical prodigies or mathematical geniuses. I’m talking about the people
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D.A.R.E Essay I learned in D.A.R.E that smoking and doing drugs can affect how you breath and it will turn your lungs a black moldy color. D.A.R.E helps you make good decisions on what to do if somebody asks if you want a cigarette or if they want you to drink with them. One of the things that I learned in D.A.R.E is peer pressure and peer pressure can be bad or good. One of the things that you feel when you have peer pressure is stress and what do I do. One example for peer pressure is if
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very things that most deserve our gratitude." -Cynthia Ozick In the hustle and bustle of everyday life we sometimes take things for granted. We’re so busy getting ready for work‚ getting the kids ready for school‚ making dinner‚ making plans‚ paying the bills‚ looking for money to pay the bills‚ working all day and doing this and that and everything else that’s on our "To Do" list just to get through the days‚ weeks and months. Unless you excel in time management and you’re so organized you could
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