of the question 10 marks (paper 2) 20 minutes on it Explain the law of diminishing returns using average and marginal product curves Definition Law of diminishing returns refer to how the marginal production of a factor of production starts to progressively decrease as the factor is increased‚ in contrast to the increase that would otherwise be normally expected. Triple A Law of diminishing returns – as more and more of a variable factor is added to a fixed factor‚ output will rise initially
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Interest Rate Risk (IRR) Management What is Interest Rate Risk : Interest rate risk is the risk where changes in market interest rates might adversely affect a bank’s financial condition. The management of Interest Rate Risk should be one of the critical components of market risk management in banks. The regulatory restrictions in the past had greatly reduced many of the risks in the banking system. Deregulation of interest rates has‚ however‚ exposed them to the adverse impacts of interest rate risk
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Airbus vs. Boeing the case study Jimmy Jones University of Phoenix The case “Boeing vs. Airbus: Two Decades of Trade disputes” deals with the dispute that has existed between the US aircraft giant and the European Aircraft manufacturing giant. Boeing has 57‚000 workers in Seattle and an additional 100‚000 employees
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CHAPTER 22 estimating risk and return on assets 1. WHAT IS RISK? Risk is the variability of an asset’s future returns. When only one return is possible‚ there is no risk. When more than one return is possible‚ the asset is risky. The greater the variability‚ the greater the risk. 2. RISK – RETURN RELATIONSHIP Investment risk is related to the probability of actually earning less than the expected return – the greater the chance of low or negative returns‚ the riskier the investment. Investors
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should be allowed in our society‚ but also by a basic disagreement over what is included in the definition of pornography. Emotions run high and scientific rigour falls aside where it comes to studies of the effect of pornography‚ the use of these studies in mass media and in academic debates. Sifting through mountains of rhetoric can be confusing‚ when few entering the debate can even agree on what pornography is‚ much less what are its corrosive effects. The first task of this paper‚ therefore‚ shall
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This motivates us to further investigate the issue in Vietnamese stock market. Applying Generalized Method of Moments approach on a sample size of 33 firms listed on the Ho Chi Minh City Securities Trading Center over the five-year period from 2001 to 2005‚ this study finds that Vietnamese stock market appears to have overreacted to both bad and good news arrival on the day of large or extreme price changes. These extreme price changes are followed by short-term price reversals. The
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Topic: What are the megatrends which will shape our world Megatrends Introduction With population growth and economic improvement‚ human beings are naturally increasing their demand towards happiness. The current trend to pursue happiness (demand to consume resources) generates the global demand in the world. Sustainability is crucial behind this trend. Our the only planet with limited resources may not be affordable to feed all people living on earth If our population continues to grow and personal
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transition (DT) refers to the transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system. This is typically demonstrated through a demographic transition model(DTM). The theory is based on an interpretation of demographic history developed in 1929 by the American demographer Warren Thompson (1887–1973).[1] Thompson observed changes‚ or transitions‚ in birth and death rates in industrialized societies over the
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the student can test. Tests are suppose to make students take a minute and really think‚ as in critical thinking. However‚ most standard tests in America are multiple choice. These multiple choice tests do not actually let the test taker think or evaluate the question or problem. Standardized testing also defines students. By receiving a low test score it put the student in a “I am dumb” stance. Students are being define by how high of a score they receive on a test. Students with high test scores
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consequences. Because both the questions of legality and morality define whether or not abortion should be legal‚ the result is a highly disputed issue. The problem of abortion among teenagers adds another dimension to the already controversial topic. Which is whether parental notification is necessary or not. Thirty-two states have parental consent laws that require a minor to obtain at least one parent consent for they’re to have an abortion. Only two states and the District of Columbia have laws affirming
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