Question 2 Show the PPF curve under decreasing and increasing returns to labour. The Production possibility frontier analyses the most efficient use of company resources to achieve different levels of production of output. Labour is one of the variables factors of production. One unique feature of the PPF is that one alternative is usually foregone in order to maximize the production of another product‚ for example‚ in a refinery a manager may decide to deploy more human resources to produce
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What is the future of English as a global language? The world is changing so rapidly‚ from national politics to people’s livelihood. Definitely‚ language is one of the most important characteristic among there. English‚ which is considered as the world language at present‚ facing with sophisticated problems. Actually‚ the situation could persist on till the future. In my view‚ the future of English as a global language may be as the concave and convex sides of a nutshell‚ it is hard to foresee that
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10 reasons to use technology in education Teachers are finding that using different classroom technologies like tablet computers‚ digital video‚ iPods‚ and video games are great tools for helping students learn. While there are some nay-sayers who bring up some negative effects of technology on education in the classrooms‚ mainly budgetary reasons‚ using new technologies is the future of the education system. The following reasons should silence the nay-sayer and help them heed the wisdom from
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One of the first forms of technology presented its self on February 15‚ 1946 when the computer was introduced. In the early stages‚ the computer’s use was to browse through the information. As the years pass on‚ technology greatly expanded towards making life easier. Google‚ Yahoo and Bing are all forms of internet search programs that make finding information even more simple and fast. Along with providing a source for searching‚ technology introduces worldwide communication. Through different forms
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Robots: Future Technologies and How They Will Effect Us Robots: Future Technologies and How They Will Effect Us. What will life be like in fifty years? Will our home life be more comfortable? Will our jobs become easier? Will our health become better due to new technology? It is most likely to turn out this way. According to scientist‚ robots will be doing our yard work‚ taking over some of our jobs‚ and monitoring our health on a daily basis. Does this sound unbelievable? This might
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ASSESSMENT OF THE USE OF EDUCATIONAL TECHNOLOGY BY... 1 of 8 file:///C:/Users/VICTOR UKPONG/Desktop/ASSESSMENT OF THE U... ASSESSMENT OF THE USE OF EDUCATIONAL TECHNOLOGY BY SOCIAL STUDIES TEACHERS IN SECONDARY SCHOOLS IN WESTERN NIGERIA Dr. Ede O.S. Iyamu and Dr. S.E. Aduwa Ogiegbaen University of Benin eosiyamu@uniben.edu eosiyamu@yahoo.com Abstract Researches are needed in the developing countries to assess their integration of digital technologies into the curriculum implementation
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Chapter 2: Production Possibilities Curve‚ Scarcity‚ and Development I. A Market System and Basic Economic Questions 1. In a decentralized (Capitalist) society‚ “markets” are required. This market system is a means of buyer–seller exchange‚ and does not need a physical location. The idea that self–interested market participants will make everyone better off was called ”an invisible hand” by Adam Smith‚ and creates the invisible hand argument that is used in the same way today. 2. The
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Inventing a better future A strategy for building worldwidecapacities in science and technology January 2004 InterAcademy Council InterAcademy Council IAC projects are funded individually by multiple sponsors‚ including interested foundations and international organizations. Administrative overhead is covered by special grants from the Netherlands government and the Royal Netherlands Academy of Arts and Sciences. Participating academies not only contribute time and ideas‚ but also funding for
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Conduct a detailed investigation of the organisation’s present and future information technology requirements insofar as they will impact on document production processes. Write a report in which you set out details of your findings. Include details of any information which you were not able to access but which would have assisted you to evaluate the organisation’s present and future information technology capability. Overview The organization that I’m currently based at comprises of two separate
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POINT/COUNTER-POINT: Should Speculators Use Currency Futures or Options? POINT: Speculators should use currency futures because they can avoid a substantial premium. To the extent that they are willing to speculate‚ they must have confidence in their expectations. If they have sufficient confidence in their expectations‚ they should bet on their expectations without having to pay a large premium to cover themselves if they are wrong. If they do not have confidence in their expectations‚ they
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