Explain how the concepts of scarcity‚ choice‚ and opportunity cost relate to your dilemma. For scarcity it would be that instead of me doing other things of my liking I would study‚ resulting in higher grades. Opportunity cost would be for example working which comes with making money and letting that go but then in the long run being able to graduate high school and have more opportunities. 2 What are the possible short-term costs and benefits? What are the possible long-term costs and
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Figure (2-3): Schematic Diagram of a Micro-Turbine Advantages: •Micro turbine unit costs around $1500 to $2500 per installed kW. That could lead to niche applications in areas with high-energy costs for power quality‚ peak shaving or replacement energy. They can run on a variety of fuels‚ including natural gas‚ propane‚ and fuel oil. • The other advantages over other types of DG technologies are a small number of moving parts‚ compact size‚ lightweight‚ good efficiencies in co-generation‚ low
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Sector……………………………………………..03 Micro finance in SMEs in Pakistan……………..………………………….11 Role of Microfinance in Poverty Alleviation…...................................05 Major challenges faced by MF sector………………..…………….10 Future Prospects…………………………………………………… Conclusion….......................................................................................20 Bibliography………………………………………………………………………22 ACKNOWLEDGEMENT It has been an honor for me to prepare a Term paper on “Micro finance Sector of
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Micro-Counselling Skills Micro-Counselling Skills are specific aptitudes that a counsellor can utilize to enhance their therapeutic alliance and establish a foundation for communication with their client (AIPC‚ 2009). These skills can each be learnt individually and when mastered‚ empowers a counsellor to effectively construct a working relationship and engage clients in discussions that is both helpful and meaningful. Rapport Building Rapport Building is the first step in initiating a therapeutic
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of Managerial Economics Economics has two major branches namely Microeconomics and Macroeconomics and both are applied to business analysis and decision-making directly or indirectly. Managerial economics comprises all those economic concepts‚ theories‚ and tools of analysis which can be used to analyze the business environment and to find solutions to practical business problems. In other words‚ managerial economics is applied economics The areas of business issues to which economic theories can
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International Journal of Economics and Financial Issues Vol. 3‚ No. 3‚ 2013‚ pp.743-751 ISSN: 2146-4138 www.econjournals.com Foreign Aid and Economic Growth in Egypt: A Cointegration Analysis Hoda Abd El Hamid Ali Department of Economics and Foreign Trade‚ Faculty of Commerce and Business Administration‚ Helwan University‚ Cairo‚ Egypt. Tel: 00201003452575. Email: hoda_hawary@yahoo.com ABSTRACT: There is a current and growing debate on the effectiveness of foreign aid‚ especially in
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ECONOMICS CHAPTER 1 ECONOMIC WAY OF THINKING SCARE RESOURCES WEALTH OF THE NATIONS ECONOMICS: ADAM SMITH STAR CITY Scarcity Scarcity is the basic and central economic problem confronting every society. It is the heart of the study of economics and the reason behind its establishment. Authors have defined scarcity in various way some if which are complexly stated. One author defines scarcity as a commodity or service being in short supply‚ relatives to its demand (Kapur
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Macro Unit 2 Lesson 1: What is the difference between macro and micro? Federal Debt graph: http://research.stlouisfed.org/fred2/series/GFDEBTN In the circular flow the seller receives exactly the same amount that the buyer buys (exclude tax) In the circular flow diagram‚ how do we account for profits? What happens if there is a disruption in the circular flow diagram? Individuals are concerned with income distribution. (wages) 1 Households C as spenders must consider the following:
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Name: Margo De Ridder Student number: R0141223 Module: Marketing Fundamentals The tablet market: External analysis of the micro-environment The global tablet PC market continues to grow with shipments reaching 53.8 million units in the third quarter of 2014. The rise in shipment from 48.3 million units in the third quarter of 2013 to 53.8 million units in the third quarter of 2014 can be attributed to the growing demand from costumers as the tablet industry offers the costumer a smaller sized
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Economic development is the sustained‚ concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social inclusion‚ health‚ safety‚ literacy‚ and other initiatives. Economic
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