State the factors affecting the price elasticity of demand? The type of product will affect the price elasticity of demand i.e. a necessity such as petrol will have a inelastic demand as it is a must have for consumers so a change in price will cause only a minor change in price whereas if a product is not a necessity for consumers it will have an elastic demand meaning a small change in price could lead to a greater change in quantity demanded The proportion of the consumers income spent on a product
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were postgraduate students. One hundred and thirty-nine (90%) respondents were local or foreign restaurants. Eleven respondents (7%) did not patronize any of the restaurants. Among factors influencing choice of restaurants are closeness to residence‚ price of food and quality of food were the most important factors 62 (38%). Twenty-seven (28%) eat in restaurants because of the similarity of the food to that of their home country. Of the most preferred food‚
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and Non-Governmental Organisations (NGOs) as legitimate partners in policy-making?” The Role of NGOs These are the main institutions and bodies that make up the European Union but in order for them to work they need the input of citizens. In order to have a better say and influence over EU policy and legislation hundreds of trade unions‚ business organisations and NGO groups have organised themselves at a European level. By cooperating at an EU level NGOs can supplement the work they do locally
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Comparative Study of Islamic Banking 45 CHAPTER 3 Literature Review and Theoretical Framework Service Quality Customer Satisfaction Bank Performance Service Quality and Customer Satisfaction in the Banking Sector Service Quality‚ Customer Satisfaction and Bank Performance in the Banking Sector Hypotheses‚ Conceptual Model and Theoretical Framework Comparative Study of Islamic Banking 46 Chapter 3 Literature Review and Theoretical Framework Banks are competing in a highly
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Physiological Factors P6: Describe the effects of physiological factors on sports training and performance In all‚ there are 4 physiological factors that may affect someone’s sports performance; Motivation‚ arousal‚ anxiety‚ personality and concentration. Motivation- Motivation is the foundation all athletic effort and accomplishment. Without your desire and determination to improve your sports performances‚ all of the other mental factors‚ confidence‚ intensity‚ focus‚ and emotions‚ are meaningless
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Question: ’The rise of Japanese militarism was caused by internal factor’ To what extent do you agree with the statement? For long‚ Japan was under the emperor system and it tried to shifted into democratic politics. But during 1930s‚ it was the beginning of militarism as the militarist took power of the state‚ there were several factors causing it. To a certain extent‚ I agree to the statement that’ the rise of militarism was caused by internal factor. Firstly‚ internally‚ in political aspect‚ the
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Demand side factors 1.Monetary policy The central bank tries to maintain price stability through controlling the level of money supply. Thus‚ monetary policy plays a stabilizing role in influencing economic growth through a number of channels. The contribution that monetary policy makes to sustainable growth is the maintenance of price stability. Since sustained increase in price levels is adjudged substantially to be a monetary phenomenon‚ monetary policy uses its tools to effectively check
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Anthony Young Partner: Nick Dale TA: Alekhya 6/15/15 The SN2 Reaction: Factors Affecting SN2 Reaction. Introduction In the substitution reactions‚ the leaving group from the substrate is replaced with the nucleophile. Because of the nucleophile it is called nucleophilic substitution. The lone pair of electrons‚ present on the nucleophile is used to create a new bond with the carbon atom‚ from which the leaving group was separated. There are two different mechanisms of nucleophilic substitution: SN1
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Internal and External Factors Internal and External Factors Internal and External factors affect the four functions of management in every organization. This paper will discuss how Internal and External factors affect the four functions of management: planning‚ organizing‚ leading and controlling in the Wal-mart organization. Wal-mart is one of the worlds largest retail stores. Wal-mart is a retail store for many different things; grocery‚ general merchandise‚ photo development‚ pet store
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The four external environmental factors are The factors that fall under economic factors are funding sources‚ non-cash revenues‚ clients or consumers‚ suppliers and‚ competitors. Nonprofit agencies relay on all of these factors to survive. Using sociological factors helps with understand the needs of your community and clients. You can use community mapping‚ census data to describe the community and the income‚ education‚ ethnicity‚ gender‚ and age to help with planning purposes
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