A. If the price of natural gas‚ a resource used by manufacturers throughout the United States‚ were to double‚ the cost of production of notebooks would most likely increase as well. This would then lead to a decrease in supply (a shift to the left). Changes in Equilibrium of Notebooks Price: Increase Quantity: Decrease Determinant: (ROTTEN) Resource: cost and availability B. If the government were to provide a subsidy for notebook manufacturers‚ the cost of production would
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Travis Kellenberger AGEC 700 Problem Set #3 2) The demand curve for a product is given by Qdx = 1‚200-3Px- .01Pz‚ where Pz = $300. a) What is the own price elasticity of demand when Px = $140? Is demand elastic or inelastic at this price? What would happen to the firm’s revenue if it decided to charge a price below $140? At the given prices‚ quantity demanded is 750 units: Qdx = 1‚200- (3 *140) -.1 (300) = 750. -140/750=-.56; demand is inelastic at this price point and you would be decreasing total
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It depends on how you define highest mountain‚ they are other mountains that are as tall and high as mount everest. A definition of highest mountain can come as the mountain with highest altitude‚ tallest mountain or highest mountain above earth’s center. Mount Everest Mount Everest has the highest altitude( altitude is measured in feet above sea level). It is 8850m or 29‚035 ft high above sea level. Other mountains maybe taller (being taller means " the total vertical distance between the base
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Econ 214 Problem Set 5 1. What impact will an unanticipated increase in the money supply have on the real interest rate‚ real output‚ and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. The money supply in an economy is the benchmark by which interest rates are determined. The supply of money is directly tied into the amount of money that can be loaned and borrowed in various capacities. The more money there is to loan
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Theme of Bride Price The Bride Price‚ a story written by Buchi Emecheta‚ reflects a misery life of a Nigerian girl‚ Aku-nna. The absent of her father in the family had dramatically changed her life. Her bride price that she would get before getting married caused many troubles within her family. After reading this story‚ we can see the practice of customs‚ the system of value and the belief of local Nigerians are the main themes discussed in the story. First of all‚ it ’s about practice of customs
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“The Price of Incivility” Christine Porath & Christine Pearson‚ Harvard Business Review Jan-Feb 2013 1. Do you agree or disagree with the article and why? Did you find it useful and why? I couldn’t agree more with the article‚ it goes without saying that productivity of employees is highly dependent with their work experience and in particular how they are treated. In the actual productivity is affecting more the productivity in service than manufacturing companies. But still bad behaviors poison
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Development Assignment Jared Price 12-002259 Bachelor of arts corporate communication BACC1 13/03/2012 HOD Jackie …………………………………………………………………………………………………………………………………………
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Experiment 18 Chemistry 101 Redox Titration: Determination of the Percentage of Iron in a Sample INTRODUCTION The concentrations of redox-active species can be determined by redox titrations. In a redox titration‚ a measured sample of the unknown is titrated against a standard solution of a substance that will oxidize or reduce the unknown. In the present experiment you will take a sample containing iron‚ add acid to dissolve it [thereby converting all the iron to iron(II)]‚ then
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Summary of The highest tide By Jim Lynch Written by Mike morrison Introduction paragraph The highest tide is about a 13 year old miles O’Malley who’s growing up and learning to deal with daily and social change. The main idea or theme to this book would be change it happens and we cant help it but we have to learn to deal with it. Miles life starts out normal parents together but as the story progresses his social life and the physical world around him changes some things spiral out
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Constant multiple‚ iv- Sum (Difference). Notes:- Dr. Abdulkareem Sh. Mahdi September 6‚ 2014 School of Engineering Year 1 / Semester 1 Engineering Mathematics 1 (MTH60103) August 2014 Intake Differentiation – part i 5 What is the function? 1)Function: a value of one variable quantity‚ which we may call y‚ depends on the value of another variable quantity‚ which we may call x. We say that “y is a function of x” Notes:- Dr. Abdulkareem Sh. Mahdi September
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