Which of the following is the best example of a normative economic statement? Select one: a. The unemployment rate for women has been two times lower the overall rate. b. Increase in competition in the car manufacturing industry will result in price reduction for cars. c. Monopoly makes a decision based on market prices. d. A stronger regulation should be applied to polluting companies. Feedback The correct answer is: A stronger regulation should be applied to polluting companies.. Question 2
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My perfect day would begin with me waking up next to my beautiful wife at nine in the morning in the center of Venice‚ Italy. Before getting out of bed we do what any other couple would do if they woke up next to each other on a beautiful day in a wonderful hotel in Venice. After a nice long hot shower the two of us enjoy a large continental breakfast together and then walk around the city. The two of us then take a train into Milan where my wife goes off to shop‚ and I meet up with my five of
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Nothing Is Perfect Have you ever wished things would be just perfect? I‚ for certain‚ know I have. Yet‚ if you really stop to think about it‚ perfection isn ’t attainable because we always want something bigger and better as human nature. In the novel‚Brave New World ‚ by Aldous Huxley‚ there is strongly influential Utopia existing. Even in a controlled society such as the one represented in this book‚ the people still revolt against the government. There are people in this book who change
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Procreation Perfect First off‚ I think that is no such thing as the perfect family. There might be a perfect family for you personally or family that seems for the majority of a population. There might be the perfect American family but that family wouldn’t work in china‚ but I don’t even think there is a perfect American family. I think that everyone has an idea of the family that is right for them. But none of them are perfect‚ I don’t think anyone would even like the perfect family if there
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Meat Industry can be deemed as “Perfect Competition (PC)” as it fulfills the following mentioned assumptions: 1. There are many producers in the economy as mentioned in the question. 2. Each individual firm in the market is a Price Taker- the firms cannot control the price of chicken being sold in the market instead they have to simply accept the designated going market rate as the price of their product. This happens due to two major characteristics of Perfect Competition: a. As there
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November 18 2013 LADIES….THE PERFECT PLACE TO PERFECT YOUR GAME!!!!!! Come join us at Country Springs Golf Course. We will be offering free personal training with the purchase of a membership. This will include a free outfit that is perfect for the occasion. Registration is open all year round and we offer a variety of packages as low as $100.00. I chose this ad because I know that there are a lot of women who are interested in learning how to play golf. Women are often intimidated to
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Lutheran Hospital in Des Moines is a non-union facility. Both facilities strive to give its patients excellent care but the working conditions vary somewhat due to the difference between a union and non-union facility. From Mary Greeley’s I interviewed Mrs. Lorna Hamilton‚ the Emergency/Security Management Coordinator and from the Iowa Lutheran Hospital I interviewed Mr. Jeffrey L. Bebensee‚ the Security Manager. Both managers were familiar with the labor unions effect on their workplaces. Lorna
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ITIONPerfect Competition Perfect competition is a market structure with large number of buyers and sellers. There are no barriers to entry into the industry. Firms sell identical products that are perfect substitutes each other. In addition‚ they are well informed about prices and no have government intervention. Transport cost is negligible hence do not affect pricing. Price determined by the market must be accepted by the buyers and sellers. They are said to be price takers. Therefore
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their doorstep as a Halloween decoration. Carving a pumpkin is often challenging and can leave the carver frustrated and hating how their creation ended up. However‚ there’s an easy way to get a good‚ desirable pumpkin. Starting off‚ finding the perfect pumpkin can make or break certain designs. Pumpkins can be bought almost anywhere: Wal-Mart‚ a pickin’ patch‚ and many other places. Depending on the carver‚ a pumpkin should be nice and round and able to stand up right. If the pumpkin is caving in
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Runninghead: Perfect Competition Gasoline Market: Price and Quality Nathalar Washington Argosy University October 2‚ 2011 Paul Tovbin The choices of gas stations that I have to choose from in my local area are QT‚ Shell‚ and Chevron. I personally liked Chevron for the techron that cleans your engine. But my husband started using QT gas when we moved into this neighbor because there are no Chevron’s close around
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