HKCEE ECONOMICS | 3.2 Price floor | P.1 1. 1992/II/24 If the government imposes a price floor below the equilibrium price‚ there will be A. a decrease in the sales revenue B. a decrease in the quantity transacted C. an excess supply D. no excess demand 2. 1993/II/27 Filipino maids working as domestic helpers in Hong Kong receive a minimum wage. They usually have to wait for a long time before obtaining employment in Hong Kong. They would have a shorter waiting time and more employment opportunities
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gaisano-interpace.com) Gilmore corner Aurora Blvd‚ New Manila‚ Quezon City‚ Tel# 721-89-09/721-91-09 Mobile: (917) 716-76-16 ics_manila@cdo.ph Ground Floor‚ Gilmore IT Center‚ Aurora Boulevard corner 1st Street‚ Quezon City‚ Telefax # (63)(2) 416-77-58 If other vendors will offer a lower price‚ please inform us and we will drop our prices further! As of April 1‚ 2013 - (Prices subject to change without prior notice) INTEL CORE i5/i7 Processor! NEW (socket 2011) INTEL SANDY BRIDGE! Intel i7-3820 (3.6ghz‚ 10MB)
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and the cleanliness of the floor and only thing that make this possible is the product called Floor wax it is applied on floor surfaces to make it scuff-resistant‚ water-resistant‚ slip resistant and glossy. It provides a thin‚ protective and hard surface layer when applied to flooring. In this modern age‚ floor polishes is made from synthetic materials and with the advancement of synthetics so does floor wax‚ each passing day over half a million people are using floor wax even as we speak someone
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The effects of food price inflation in Hong Kong Over the past few years‚ the prices of food have been increasing in Hong Kong. The Hong Kong Census and Statistics Department (2010) reported that the increase in food price in 2009 was relatively large. Some of the food items that experienced surges in prices included live chicken (20% increase in average retail price) and fresh beef (7% increase in average retail price). Outcries by the public have suggested that this food price inflation has had
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The income and substitution effects of a change in the price of a good. Economics and Information systems Aboyowa Okoturo 3/2/2012 INTRODUCTION The relationship that occurs between one’s consumption‚ his or her personal preferences and the demand curve is one of the most complex associations in economics. Unconditionally‚ an economist would carry the mind set that whatever is purchased by an individual is consumed‚ and the only exception to this is if the purchase is for a productive
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Market Structure o Perfect (pure) competition Price–taking firms each with no influence over the ruling market price (see diagram below) Free entry and exist of businesses in the long run – drives down profits towards a normal profit equilibrium level Each supplier produces homogeneous products – each a perfect substitute – hence the perfectly elastic demand curve for the individual supplier Key factor - interdependent nature of pricing decisions between rival firms Each firm must consider
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EFFECT OF PRICE INSTABILITY ON ECONOMIC GROWTH IN PAKISTAN An Econometric Approach By HASSAN BIN TARIQ Student of MBA (III) Section: B Roll no. 1014142 In the guidance of M.A JALIL Senior lecturer (Research Synopsis) Federal Urdu University of Arts‚ Science & Technology‚ Karachi Campus: Abdul Haq TABLE OF CONTENTS: Page No. ABSTRACT ………………………………………………………. 3 SECTION – 1 >>> INTRODUCTION 4 to 5 1. Background
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A rise in global oil prices by $ 10 per barrel would reduce India’s economic growth by 0.2 percentage points and also affect the country’s current account deficit‚ Goldman Sach said. "A VAR (value-at-risk) analysis suggests that a $ 10 increase in oil would reduce GDP growth by 0.2 percentage point‚" Goldman Sachs said in its latest edition of ’Asia Economics Analyst’. India on Monday voiced serious concern over the rising crude oil prices‚ which have touched a two-year high‚ and said it could
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The correct method to use floor scrubber longevity is very much affected‚ routine maintenance for the professional floor scrubber is very necessary that such machines require the use of water every day to work or after the completion of a simple cleaning tasks maintenance operation. The following points are floor scrubbers necessary for routine maintenance procedures: 1‚ check the squeegee is clean. 2‚ the body with a dry cloth and machine disk (above‚ bottom) Wax clean. 3‚ cleaning squeegee
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FLOOR PLANS What is a floor plan? - It is a flat representation of only two measurements – the length and width (or depth) of an area or object as seen overhead. It is as though one were viewing the area from far up in the air‚ and all that could be seen is a flat‚ graphic representation of height‚ with everything flattened out. The display person‚ like an architect or engineer‚ is a professional and should not be given to whims or fancies that will not come to terms with reality
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