Application of Opportunity Costs Donald G. Fox Sr. ECON220-1103A-24 Unit 1 IP AIU Online Michelle and James both‚ produce potatoes and chickens. Michelle can produce 200 potatoes and 50 chickens per year‚ and James can produce 80 potatoes and 40 chickens per year. What is Michelle ’s opportunity cost of producing potatoes? If opportunity costs‚ is opportunity lost‚ then Michelle devoting 100% of her time to produce 200 potatoes her cost would be 100% loss of 50 chickens. What is Michelle
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The setting for The Diary of Anne Frank is in a “Secret Annexe” in Amsterdam‚ Holland. Anne and her family are not the only people that are hiding in the “Secret Annexe‚” the Van Daans live with them also. Anne draws a map in the book to show you a layout of the “Secret Annexe.” It’s pretty large‚ although with eight people living there‚ it’s quite crowded. The plot for the story was for Anne and her family to hide from the Germans until the war was over. Hiding was hard for the Franks
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You Have a Friend in Me Everyone has friends but every friend is different. You have your friends with families‚ the “let’s go out every night” friends‚ and last but not least‚ your long distant friends. Yes they are all friends but each one lives a different life style and has their own unique personality. They have a special place in your heart through thick and thin. Friends are loving‚ caring‚ loyal‚ and honest. Friend’s seal your deepest darkest secret with a “pinky swear” and a hug. Which
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What Makes You Happy? One of the most popular psychological studies is the study of happiness. Thousands of renowned intellectuals have been thoroughly studying this subject for decades. Also known as Hedonists‚ these people that study the pursuit of happiness have thought of some very valid points. Happiness ranges from comparing the potential happiness between two completely different organisms and specifically finding the solution to happiness for one certain person. The topic that will
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Macroeconomic Impact on Military Spending during war While spending on the war has stimulated the economy through government purchases and consumer patriotism it has had a negative macroeconomic effects through increases in the national deficient and debts used to finance the war. While the initial effect on the GDP (gross domestic product) has been positive it has started to decline. Since 9/11 the increased military spending was largely financed through borrowing which has caused a higher debt
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What outrages you? What are you doing about it? 1000 characters “I don’t know”‚ one of the most common phrases which is a limit we place on ourselves. We accept our lack of knowledge and prevent further thought. A limit is defined as “something that bounds or confines”. Nothing drives me crazier than watching this. Accepting a limit creates a comfort zone that does not allow for improvement. Through coaching and tutoring I am able to help others challenge themselves. Coaching‚ I was introduced
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these childhood dreams. The journey between childhood and adulthood is frustrating and confusing‚ and in most adolescents‚ is filled with apprehension and anxiety. For the protagonist Connie‚ this distress is expressed in her dreamlike encounter with Arnold Friend. In the short story “Where Are You Going‚ Where Have You Been?‚” Joyce Carol Oates used the interaction between her two main character‚ to reveal the internal fear and conflict of a fifteen year old girl maturing into a young woman
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Ruminant Digestive System Complex structure with four compartments Source: Animal Feeding and Nutrition (Jurgens) Ruminant Characteristics Primarily herbivores Cattle‚ sheep‚ goats‚ deer‚ elk Camelids are “pseodu” ruminants 60-75% of ingesta fermented by microbes before exposed to gastric juices Mouth Tongue Used more by cattle and goats (also use lips) Teeth No upper incisors Used more by sheep (use lips to “sort” feed) Saliva Continual production Cattle: 12 gal/d vs Sheep: 2 gal/d No enzymes;
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business environment‚ your low cost carrier (LCC) is in financial difficulty. As the CEO of this LCC‚ you however believe that if the airline manages to control the cost‚ your airline can survive. You therefore decide to reduce the operating expanse including the labour cost but you would avoid lay-offs. What cost reduction measures would you implement and why? In airline industry‚ the cost can break to two parts: fixed cost and variable cost. And there is very hard to cutting
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Lauren McFall Mr. Gossett English 10H-4 March 17‚ 2008 You are What You Eat Throughout the past twenty years‚ obesity in the United States has drastically increased. Currently‚ one-hundred and seventeen billion people in the United States are obese. Out of those people‚ three-hundred thousand people die each year because of complications due to being over-weight. One out of every four children in the average school in the United States is over-weight. In an effort to combat this growing
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