In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
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G Professor Mow English 101 11/21/2012 Real Verses Reality: An Analysis of Stereotypes in Reality Television “Manipulation: to control (others or oneself) or influence skillfully‚ usually to one ’s advantage” (thefreedictionary.com). This is what reality television manages to do to the world we live in today. Reality television in fact‚ is not always real. Many shows on television create a false sense of reality for their viewers. This influences people to think‚ act‚ and feel certain ways
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Bob Mackie Bob Mackie is one of the greatest designers of all time; his impressing masterpieces have stunned many people all around the world. His particular way of combining colors and mixing fabrics have made his fame unbelievable. He’s the only designer ever that has his picture hanged on the hall of fame‚ besides having the opportunity to work for worldwide legends. He was born in March 24‚ 1940 in Monterey Park‚ California. He moved to Hollywood and assisted to a design
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Apa sih opportunity cost? Untuk yang pernah belajar ekonomi pasti kenal baik dengan istilah ini‚ tapi buat yang lain‚ opportunity cost is : "...the cost of something in terms of an opportunity foregone (and the benefits that could be received from that opportunity)‚ or the most valuable foregone alternative." (Dictionary.LaborLawTalk.com) Kalau diterjemahkan adalah suatu biaya dari hilangnya suatu kesempatan dalam menggunakan sumber daya tertentu. Kalau kita melihat waktu sebagai sumber daya
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satisfaction with their individual representatives. * If the Federal bureaucracy makes a mistake‚ the senator’s or representative’s office tries to resolve the issue. What most Americans see of Congress‚ therefore‚ is the work of their own representatives in their home states. * Why Was Congress Created? * Congress was created to work not just for local constituents but also for the nation as a whole. * The Founders of the American republic believed that the bulk of the power that
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ENG 102 March 8‚ 2014 TV Addiction Quite a few people jokingly say that they have a friend or family relative who is addicted to television. What they may not realize is it may in fact be true. In Marie Winn’s “The Plug-In Drug”‚ she implies that television addiction is much like a drug or drinking problem‚ and is difficult to stop. Winn writes her essay in a very simplistic manner‚ and focuses on the destructiveness of an addiction; she illustrates and compares the destructiveness of addiction
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There were four major factors that contributed to the Great War. Militarism‚ which is the glorification of war‚ is one of the major factors. Countries were ignoring diplomacy and getting advice from military leaders. This created an arms race‚ which was a competition to create the best weapons. Another contributing factor was the alliances. Countries signed them for military and economic protection. The Triple Entente consisted of Great Britain‚ France‚ and Russia while Germany‚ Austria-Hungary‚
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creating short stories before moving on to novels. Her first three works of fiction were novels‚ and she did not turn to the short story form until readers of Eva Luna asked to see the stories the title character refers to. ¡®¡®And of Clay Are We Created¡¯¡¯ was written specifically for the 1989 collection The Stories of Eva Luna. The story is about a young girl who is trapped in a mudslide‚ and a reporter‚ Rolf Carl¨¦‚ who is sent in his television helicopter to cover her rescue. Unable to maintain
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What are the key success factors of sony? Answer: I believe as Akio Morita has said "Creativity to make inventions "is one important factor that makes difference between Sony and other companies. Sony always works to make new inventions and products like Play Station or other combo electronic products however it could be dangerous too. The other factor is "Creativity in product planning and production ". Right products in right time could lead any company to be successful. For not losing
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