The basic economics of markets 1.7 Introduction Economic analysis is useful because of the importance of economic issues in the business environment. Anyone who has lived through the 2008-9 world recession can scarcely doubt how much we are all affected by these issues. Economic theories often use simplifying assumptions. Two of the most common assumptions are (a) that producers and consumers make rational decisions and (b) that we can change on factor whilst leaving everything else constant
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| Question Explanation Basics of compounding. Question 2 (5 points) Ranjit began setting aside $6‚000 per year in a mutual fund at the age of 25. He has turned 34‚ and has just made a deposit. The mutual fund has returned 6.5% annually. How much does Rajit have in his account today? Your Answer | | Score | Explanation | 80967 | ✔ | 5.00 | Correct. You know how to calculate the FV of an annuity. | Total | | 5.00 / 5.00 | | Question Explanation Basic FV calculation. He should have
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The Basic Economics Problem The highlighted sentence are copying from the textbooks Scarcity – the resources that are limited in supply so that people have to make choice to buy them. Free Goods - the resources that are unlimited in supply‚ like air and water on the earth. Economics Goods - the resources that are limited in supply and they are scarce. People have infinite needs and wants but there are limited resources on the earth‚ so that people have to make choice and have the trade-off
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Basic Economic Questions The basis of all economic decisions is scarcity. The wants and needs of people are unlimited and the resources available to a society are limited. The basic questions that each society must make revolve around the allocation of scarce resources. * What goods and services to produce? * How to produce them? * For whom to product them? These essential questions must be answered in every economy to determine the fundamental goals of the society. How each society handles
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Basic Economic Problem Lord Robbins defines economics as a social science which studies between ends and scare means which have alternative uses. Ends- want Scare means- Limited resources Alternative uses- different Scarcity Humans being are greedy by nature. As such‚ there wants are unlimited or infinite. However the resources available in form of land‚ labour‚ capital and enterprise that are being use to produce goods and services are scare or unlimited. This give rise to the basic economic problem
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Operating System Basics Functions of Operating Systems • An operating system is the software on a computer that manages the way different programs use its hardware‚ and regulates the ways that a user controls the computer. • Provide a user interface • Run programs • Organized file storage Types of Operating Systems • Real-time operating system – Very fast small OS – Built into a device – Respond quickly to user input – MP3 players
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Basic Guide to PBL General 1. Pre-reading Read up on the week’s topic before going to PBL 2. Participate -Participate in PBL‚ dare to ask questions 4. Do not pre-read all the trigger -Triggers should be treated like exam questions. Pre-reading limits the scope of discussion -Eg. Do not distribute/read trigger 2 before finishing trigger 1 3.Volunteer system -Students choose which learning issue to do based on capability (DO NOT DIVIDE LI AROUND THE TABLE) -Those who are better
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Leadership courses are such an important part to the enlisted side of the army. Without going to Warrior Leader Course (WLC)‚ now known as Basic Leaders Course (BLS)‚ I probably would not have learned some of the important leader fundamentals that I learned during that course. All I have ever done was compare leaders‚ including me‚ to my Drill Sergeants from Basic Training. The only thing with that is‚ they do not teach you all of the tools necessary to become a complete‚ well-rounded leader. I am
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1. Memory Improvement Basics Basic tips such as improving focus‚ avoiding cram sessions and structuring your study time are a good place to start improving your memory and be a more effective learner. -Focus your attention on the materials you are studying. Attention is one of the major components of memory. In order for information to move from short-term memory into long-term memory‚ you need to actively attend to this information. Try to study in a place free of distractions such as television
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Pritour 2 | Maam Glenna Albios TOUR GUIDING BASICS #Tour Guiding - act of giving information about a destination and the road leading to it. #Tour Guide – person who guides visitors in the language of their choice and interprets the cultural and natural heritage of an area which person normally possesses an area-specific qualification usually issued and/ or recognized by the appropriate authority. NATURE OF TOUR GUIDING 1. Tourist guide should create a good first impression on their tourists
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