This paperwork of GLG 220 Week 1 Discussion Questions shows the Solutions to the following problems: DQ 1: Answer in 200-300 word count. Choose one question below and title your answer with Reply. 1. What is the basis and criteria for developing the geologic time scale? Based on your reading and experience‚ what is the most interesting period within the geologic time scale? Why? 2. What is the nature of scientific inquiry? What is the difference between a scientific hypothesis and a scientific
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What is incremental analysis? Provide an example of how incremental analysis might be used to make business decisions. Incremental analysis‚ sometimes called marginal or differential analysis‚ is used to analyze the financial information needed for decision-making. It identifies the relevant revenues and/or costs of each alternative and the expected impact of the alternative on future income. A decision-making technique used in business to determine the true cost difference between alternatives
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This file of IT 242 Week 3 DQ 2 shows the solutions to the following problems: Post your response to the following: You are a consultant who has been hired to design a WAN for a startup business. How would you explain sub-netting in a way your non-technical client would understand? Business - General Business NTC 242 Entire Course Though most people realize the potential value in acquiring a college education‚ not everyone knows how to begin the process of pursuing one
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Week 3‚ DQ 1 Emma Employee works as a salesperson. Her company‚ International Widgets‚ implements a sales incentive program: If any salesperson sells 100 units in July‚ they will receive a $12‚000.00 bonus. International states that the program is discretionary and that International may change it at any time. Emma is the only salesperson to sell 100 units in July. After she completes her sales‚ Emma is told by International that‚ due to the fact that overall company sales were down‚ they will
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Week One Article Analysis ECO/365 January 16‚ 2012 Week One Article Analysis David Colander defines economics as "the study of how human beings coordinate their wants and desires‚ given the decision-making mechanisms‚ social customs‚ and political realities of the society” (Colander‚ 2010‚ p. 4). Coordination in this definition refers to production content‚ method‚ recipients‚ and even quantity. To think like an economist one must analyze every situation by comparing the costs and benefits
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Supply and Demand Simulation I have worked on a simulation that was conducted to understand supply and demand when renting out apartment homes. In this paper I will briefly explain two microeconomics and two macroeconomics principles‚ it will also include one shift of the supply curve and demand curve in the simulation. Also I will talk about for each of the shifts the affect of the equilibrium price‚ quantity‚ and decision
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Supply & Demand Simulation Erica Bradford ECO/365 June 19‚ 2013 Jeremy Alessandro Supply & Demand Simulation Goodlife Management is the sole provider of apartments available for rent in the city of Atlantis in which the supply and demand simulation provided by UPOX takes place. The simulation provides excellent‚ real-life examples of how the supply and demand curves may shift based upon various factors that occur within the market in Atlantis. The following details such examples as
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This work of ECO 204 Week 1 Discussion Question 2 Marginal Utility comprises: Suppose that you observe that total utility rises as more of an item is consumed. What can you say for certain about marginal utility? Can you say for sure that it is rising or falling or that it is positive or negative? When does the law of diminishing marginal utility set in and what does this illustrate about where you should stop consuming if you were eating at an all you can eat buffet? Respond to at least
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Supply and Demand Supply and Demand Microeconomics vs. Macroeconomics The supply and demand simulation shows different aspects of economic structures. Although mostly focused on microeconomics‚ the simulation does show a small role of macroeconomics. The principles of microeconomics would apply to drop in rent prices to increase the supply being demanded. Another microeconomic principle shown in the simulation is the rise in demand when the cost of rent is lowered. Macroeconomics principles
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Trends in Consumption Patterns: The Meat Industry ECO/365 July 1‚ 2013 Trends come and go. It is a fact that people’s wants and desires change on almost a daily basis. In the realm of consumer patterns it may be a little more difficult to follow the changing trends simply because the economy changes just a rapidly as a person’s mind does. Just how much society buys and how frequent will depend on multiple factors that not only have an impact on each one by itself‚ but the factors also
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