1)What is meant by absolute advantage? Describe how it works using numerical example. The ability of a country‚ individual‚ company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service. For example‚ Vietnam can produce 1000 million tons of rice while South Korea can produce 800 million tons of rice => Vietnam has absolute advantage (since it can produce more than Korea) 2) What is meant by the term comparative advantage
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ACCT3302 FINANCIAL STATEMENT ANALYSIS Accounting and Finance Tutorial Solutions - Week 2 Q1. John‚ who has just completed his first finance course‚ is unsure whether he should take a course in Busine ss Analysis and Valuation Using Financial Statements‚ since he believes that financial analysis adds little value‚ given the efficiency of capital markets. Explain to John when financial analysis can add value‚ even if capital markets are efficient. The e fficient market hypothesis states
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MB1-04 Proceedings of the 2005 IEEE/ASME International Conference on Advanced Intelligent Mechatronics Monterey‚ California‚ USA‚ 24-28 July‚ 2005 Modeling and Analysis of the Toyota Hybrid System Jinming Liu‚ Huei Peng and Zoran Filipi Abstract—Toyota Hybrid System is the innovative powertrain used in the current best-selling hybrid vehicle on the market—the Prius. It uses a split-type hybrid configuration which contains both a parallel and a serial power path to achieve the benefits
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The importance of custom as a source of law for Roman Law Name: Kristina Azzopardi I.D. card: 492895 M Roman law is the legal system of Ancient Rome and it is a rather primitive law as it dates back to hundreds of years B.C. mainly because Rome was founded in B.C. 753. During this period‚ law was customary rather than enacted however it was developed because the Emperor Justinian felt that an organised society was essential and that laws should not remain scattered‚ and in fact‚ what today
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Getting Started #ORG $StartScript Lock Faceplayer #ORG : beginning of a script Lock : Locks down the character you activate in the game so that they won’t move around while the script is running. Faceplayer : makes them turn to face the player. GotCookie : What is highlighted in blue is a Variable name. You can use any word you want for a variable name but there can’t be any puntuation in it. Displaying a message #ORG $ShowText Lock Faceplayer message $NoCookie $NoCookie 1 =
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PAST PAPER QUESTIONS – CARIBBEAN HISTORY Emancipation 1. How significant was the rebellion in Jamaica (Christmas Rebellion) in 1831-2 as a cause of the passing of the Emancipation Act in 1833? 2. How significant a part did slaves play in ending slavery? 3. How important a factor was the resistance of the enslaved in bringing about emancipation in the Caribbean? 4. “The Emancipation Act (1833) favoured the planters more than the slaves.” Identify and discuss the parts of the
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LEDs… Release only ONE color of light Produce very little heat What is an LED? They are semiconductor devices that can convert electrical energy directly into light due to the nature of the bonding that occurs in the semiconductor solid. Type of bonding is directly related to conductivity of solid. Bonding in Elemental Solids Electronegativity – the ability of an atom to attract electrons to itself. Atoms with low e.n. (metals) don’t hold valence electrons tightly valence
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1. As an option writer‚ what is the best option to take when you forecast the market to be bullish? Sketch the profit/loss diagram and determine the in the money‚ out of the money and at the money. 2. The call option of Diamond Bhd stock has a striking price of RM30 and a cost of option RM2 per share with one month expiration date. The current market price of share is RM26. If you buy 3 lots (1 lots = 100 shares) of shares‚ calculate the profits or losses at the expiration date for each of the
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Marketing Research tut questions (answers) Chapter 1 RQ3 Explain the specific differences that exist between data‚ data structures and information. Discuss how marketing research practices are used to transform data into meaningful bits of information. Data represents the actual first-hand responses that are obtained about an object or a subject of investigation by asking questions or observing actions (e.g. words numbers). Data structures represent the results of combining individual responses
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BUSN1002 Financial Accounting Processes Semester 2‚ 2013 LECTURE OUTLINES 1 – 6 Topic Coordinator: Philip Palmer Room 3.70 Law and Commerce Building Email: philip.palmer@flinders.edu.au Ph: 8201 2013 FLINDERS UNIVERSITY FLINDERS BUSINESS SCHOOL BUSN1002 Financial Accounting Processes Philip Palmer Lecture Outline 1 Introduction to Financial Accounting Reading: Hoggett et al.‚ Chapters 1 and 2 1 Introduction to Accounting Accounting is an information system designed to
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