Professor C.L. Ballard Fall Semester 2012 Economics 201‚ Sections 1 and 2 Answer/Discussion of Problem Set 4 Elasticity 1. The price of Good X decreases from $1.10 per unit to $0.90 per unit. As a result‚ the quantity demanded increases from 800 units per week to 1200 units per week. What is the own-price elasticity of demand for Good X? a. Zero b. 0.5 c. 1.0 d. 2.0 e. 2.75 Answer: d. The own-price elasticity of demand is the proportional change in quantity demanded
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Case Analysis: Genzyme’s CSR Dilemma: How to Play its HAND. Background Considered a leader in the biotechnology industry‚ Genzyme has come a long way since its inception as a supplier of basic chemicals and reagents in 1981. As a leader in the development of orphan drugs‚ Genzyme realized revenues of almost $4B in 2007. Greater than 30% of its revenue in 2007 is attributed to the sales of drugs that target orphan diseases‚ such as Cerezyme‚ a novel Genzyme drug used to treat Gaucher disease
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invites applications from Pakistani Nationals for the following posts on two years contract basis which is likely to be extended for further period on mutual consents:Sr. # 1. 2. Name of Post Junior Assistant-I (Admin & Accounts) SPS-4 (11080-680-31480) Tech-I (Electrical/Electronics/Chemical/I & C) SPS-4 (11080-680-31480) Qualification & Relevant Experience B.Com / BBA / BCS (two years) or BA / B. Sc. in st relevant field (1 Div)‚ nil experience. Three (03) years Diploma of Associate Engineer st (1
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friendships are hard to come by. In this cynical world‚ trust and love are probably as rare as finding a needle in a haystack. However‚ when it does come to one’s life‚ winning the lottery suddenly becomes a distant second to an individuals’ list of memorable and worthwhile experiences. I vividly remember my first year here at the Ateneo. I was one of those fresh high school graduates from the province who was so eager to experience what it would be like to study here in Manila‚ away from the
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support and care that I have received as I grew up in this world has led me to become the person that I am today. I was born in a small town in Philippines‚ where life can be hard‚ a place that I considered my training ground for facing my obstacles. But in my surroundings I would see faces with attitude of success and I had a strong determination for life. I’m a person whose curiosity had led me to seek become a more educated and knowledgeable person. In 17 years of life‚ I come to realize why my parent
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I. POINT OF VIEW The point of view of the Top Management is assumed. The group believes that because the management is majorly concerned with the company’s performance‚ and likewise‚ are the most knowledgeable in the field. II. MARKET SITUATION 1. Opportunities – Threats Analysis Opportunities • Increasing population in the Philippines • Relatively young population Threats • Precarious economic conditions prevailing • Economic downturn that lead people to cut leisure expenses
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Allahabad_________ Ganges meets________Yamuna and the mythical Saraswati. This confluence of the rivers is called Prayag. (Insert an appropriate article in each blank). (c) A : I ________(notice) you __________(not eat) the guavas. Don’t you like them? B : No‚ not really. (Use the correct form of verb). (d) I could not complete my project. There was no electricity yesterday. (Combine using ’because’) (e) Someone had tampered with the machines. We found them that way. (Combine into
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3 reasons why I chose TARC University C ollege 2012 I finished my secondary study‚ and I get a good and satisfactory result in SPM. I didn’t went to any education fair ‚because I already decided my further study place ‚it is TAR University College. The reasons why I chose TAR University College is because there have many facilities‚ like gymnasium room ‚swimming pool ‚tennis court and etc‚ we are not just study at here ‚we also can do exercise during the class break. Student
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Overcoming Obstacles Ernest Hemingway’s The Old Man and the Sea has the recurring theme of overcoming of obstacles‚ not only physical‚ but mental as well. Being able to conquer different barriers proved an important trait in Santiago’s journey‚ and that attribute equally important in our lives today. Overcoming obstacles are an essential part of maturing as a person. By the end of the novel‚ Santiago has obviously become a much stronger person. Throughout his three-day battle with the marlin‚ Santiago
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and to be honest I do not want to draw any conclusions since there could be solid argumentations for both parts. This story could easily be an exaggerated version of a childhood memory‚ but could also be an actual event. Some elements could indicate‚ that we have an unreliable author as for instance the long gab between the year he wrote the story and his age in the story‚ which we know by looking at the many passages of the story which reveals it as: “When I was a kid” or “When I was about fifteen”
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