What would life be if civil rights movement had never happened? African Americans would still be discriminated against and segregation might have expanded to other areas. Without the civil rights movement from the 1950s and 1960s‚ education would not be the same‚ segregation would still exist in neighborhoods and cities‚ employment would be difficult for African Americans. In terms of education‚ school would probably still be segregated under the “separate but equal” law‚ which clearly when it was
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Economics Luis D. Maymí Romero University of Phoenix ECO/212 Prof. Mayra Malpica Rivera April 27‚ 2015 Economics There are four principals of decision making: People face trade-off The cost of something is what you give up to get it Rational people think at the margin People respond to incentives The first principle can be summarized with the following phrase “There’s never a free lunch” every time that you need something you have to give something in return. One example is an employee that needs
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Explainthe relationship between the average cost and marginal cost curve? Answer: We usually assume that the Average Cost curve is U shaped The MC curve will intercept the AC curves at its minimum point. When AC is decreasing‚ MC lies below AC - because when MC is below AC‚ producing an extra unit of output will pull down average cots When AC is increasing‚ MC lies above AC - because when MC is above AC‚ producing an extra unit of output will raise average costs Therefore MC will intercept the
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What is Productivity? “A measure of the efficiency of a person‚ machine‚ factory‚ system‚ etc.‚ in converting inputs into useful outputs.” How to increase business productivity? Management can take following steps to increase business productivity. Reduce cost of production: By reducing cost of production we can increase productivity of our business. We can sell our goods at low price that will increase our sales that leads to high profitability. Increase production: Increase production will
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step‚ the organization‚ environment‚ and individuals involved in the project were assessed in order to either adopt or reject the innovation. This overall assessment‚ concluded that the project was adopted by the organization and the key stakeholders. Additionally‚ the project setting is also supportive in the adoption of the project. The third component in the process is decision. The provider and nurses are the ones that will ultimately decide to adopt the screening tools. It is during this stage
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2/3 of China’s exports are produced by foreign-invested companies. China is extremely dependent on the FDI‚ because there are very few large private firms and overseas investments. Firms consist of 14 to 25 employees on average. If a crisis occurs‚ “China’s economic weight would become a liability. The IMF estimates that the impact of Chinese demand on the world’s largest economies has more than doubled over the past decade”1. But the Chinese model has its limits‚ and that has far- reaching consequences
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Marginal Analysis A. Marginal Revenue: The increase in revenue generated from the sale of one additional unit of output 1. If there is a positive value associated with the marginal revenue there is an increase in the total revenue. Once the marginal revenue reaches or arrives at 0 then the total revenue is maximized. A decrease or negative in marginal revenue will cause the total revenue to go down. B. Marginal Cost: The additional‚ extra cost involved
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How to Strengthen Technological Innovation Culture in Developing Countries By Aya Hosney Seminar Thesis Submitted to the Dr. Sherwate Elwan at the Faculty of Management & Technology German University in Cairo Student(s) registration number(s): 10-6516 Date: 7 of December 2011 Supervisor: Dr. Sherwat Elwan Table of Contents 1 Introduction 2 2 Aim or Goal 3 3 Theortical Background 4 3.1 Innovation Culture in Organization 4 3
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Marginal Revenue and Marginal Cost An understanding of marginal revenue and marginal cost is economically crucial to owning and operating a successful business. Marginal revenue is the amount of change in total revenue by selling one additional product. So if a company sells four extra unit of product and brings extra total revenue of 500 dollars than the marginal revenue for this month would be 125 dollars. This is found by taking the change in total revenue‚ 500 dollars‚ and dividing it by the
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increased proportionally because payment is still required for attendance. In 2007 the government issued a statement declaring that from 2008‚ secondary education would be heavily subsidised‚ with the government footing all tuition fees. This is the most important aspect for Kenya‚ because only through research Kenya can provide technological
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