What Would You Do If You Won the Lottery If I won the lottery‚ the first thing I would do is go to my bank and put the money in my savings and invest it. Then I could add to it and be even‚ more rich. One thing I wouldn’t do is tell somebody‚ because they would tell somebody‚ then everyone would want my money. After I would have put it in the bank‚ I would spend some of it on a white‚ GTI Volk’s Wagon. German engineering‚ you can’t beat it. I think and dream about this car. I would
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ITIONPerfect Competition Perfect competition is a market structure with large number of buyers and sellers. There are no barriers to entry into the industry. Firms sell identical products that are perfect substitutes each other. In addition‚ they are well informed about prices and no have government intervention. Transport cost is negligible hence do not affect pricing. Price determined by the market must be accepted by the buyers and sellers. They are said to be price takers. Therefore
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Meat Industry can be deemed as “Perfect Competition (PC)” as it fulfills the following mentioned assumptions: 1. There are many producers in the economy as mentioned in the question. 2. Each individual firm in the market is a Price Taker- the firms cannot control the price of chicken being sold in the market instead they have to simply accept the designated going market rate as the price of their product. This happens due to two major characteristics of Perfect Competition: a. As there
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Perfect competition: For a market to be perfectly competitive‚ one of the main criteria is that all firms (and consumers) are price takers. The following conditions are also necessary: 1. There must be many buyers and sellers in the market for an identical product. 2. Firms’ products are identical. 3. Buyers and sellers must be fully informed about prices‚ products‚ and technology. 4. There are no barriers to entry (or exit). 5. Selling firms are profit-maximizing entrepreneurial
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Textbook Case Study Off-the-Job Behavior 1. Do you believe Oiler’s employee rights were violated? Explain your position. Peter Oiler’s termination from his job by the Winn-Dixie Corporation was an obvious violation of his employee rights. Though balancing employee rights with proper discipline is a constant challenge for HR professionals. But in this case of Oiler‚ the work place behavior of the employer had not changed and there is no problem‚ with the co-employers also. Also in the own time
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When my mother became disabled‚ by grandmother‚ a disabled teacher‚ came to live with my nuclear family. The daily childrearing activities were completed by this grandmother. When my brothers got off the school bus‚ a snack‚ a drink and “homework” were waiting on the kitchen table. Every school day was the same. When it came to our education‚ structure and having a constant routine was foremost in our home. The boys completed schoolwork or worked on study books and I worked on learning basics
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Fatima Mammadova Afagi M5A Chemistry Mr. Brotherton One World Essay What limits the way that batteries can change the way we live? Battery is a device‚ which consists of one or more electrochemical cells‚ which converts stored chemical energy into electrical energy. Batteries are used everywhere in our daily life. We use them in technology‚ like mobile phones‚ computers‚ music players and etc. We use them for medical reasons‚ like wheelchairs‚ defibrillator‚ pace makers‚ hearing aids and many
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repairing or recalling‚ and whether they were fresh or past their best. We need to empower computers with their own means of gathering information‚ so they can see‚ hear and smell the world for themselves‚ in all its random glory. WHAT IS IOT? Today the Internet has got everyone connected to many things like media‚ photos‚ information‚ etc. With multitude objects becoming embedded with sensors and gaining the ability to communicate‚ will it be possible to connect us to physical
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What If You Were Boss The judicial courts is one of the most difficult undertaking out of all the judicial system. Even though law enforcement officers apprehend offenders‚ it is still up to the prosecutors to retrieve and analyze all evidence from the scene of the crime that the officers collected‚ so that they can compile a case against the defendant. Then there is the defense also gathering information to make a case to prove the defendant is innocent. Now if I was the boss for the day I would
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be“Be Careful What You Wish For” By: Nur Kamilia binti Shafiq Aroki And on that sad‚ gloomy day‚ I learned an important lesson that I’ll probably never forget my whole life. It all started on the 3rd of January 2012 which was two days before school was reopening again. 2012 was an important year for me as I was sitting for a major exam which meant studying more and procrastinating less‚ and if you knew me personally‚ you would know that I procrastinate way more than a human organism
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