do CD’s have elastic‚ inelastic or unit elastic demand? Explain your answer. 3. Explain the significance of the co-efficient of the PED calculated in question 1. What exactly does it tell you? 4. If a 7% decrease in the price of peanut butter causes total revenue to increase‚ what do you know about the demand for peanut butter? 5. Which of the following two goods would you expect to have more ELASTIC demand: A Philips television
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Assessment Question Ali had an antique motorbike which he decided to sell. He parked the motorbike on his front lawn with a sign " For sale- RM20‚000". Ah Chong‚ who saw the sign‚ said to Ali that he would be prepared to buy the motorbike for RM15‚000. Ali replied that the price is too low and suggested RM18‚000. Ah Chong responded by asking if Ali would be prepared to accept payment of the RM18‚000 in three monthly instalments of RM6‚000 each. Ali replied that he would not. Ali then added‚" Anyway
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\ QUESTIONS ON MEANING 1. Lutz’s thesis might be stated briefly as follows: The four kinds of doublespeak all include language “that avoids or shifts responsibility‚ language that is at variance with its real or purported meaning” (the quotation is from par. 2). The thesis accumulates over paragraphs 2–3‚ with the addition of the intention to classify in paragraph 5. 2. Paragraph 4 offers the following questions: “Who is saying what to whom‚ under what conditions and circumstances‚ with what
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Question 4 Professionalism cannot be taught by regurgitating the IEM Regulations on Professional Conduct nor by memorizing a set of rules. Do you agree with the statement and why? Suggested Answer: Yes‚ I do. Let’s begin by the definition of “Professional”. Professional person is one who engages in an activity that requires a specialised & comprehensive education‚ and is motivated by a strong desire to serve humanity. Professional thinks & acts in a manner that brings favour upon the individual
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May/June 2012 2 hours 30 minutes Candidates answer on the Question Paper. No Additional Materials are required. READ THESE INSTRUCTIONS FIRST Write your Centre number‚ candidate number and name on all the work you hand in. Write in dark blue or black pen. You may use a soft pencil for any diagrams‚ graphs or rough working. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. DO NOT WRITE IN ANY BARCODES. Answer all questions. No marks will be awarded for using brand names of software
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Cemex? Justify your response. 3. If Lafarge could operate with the same efficiency as Cemex in inventory and receivables management‚ what would be the financial benefits? How does IT contribute toward better inventory and receivables management at Cemex? Use 2006 or 2007 financial data from www.morningstar.com to answer the first part of this question. Also use 40% for inventory holding cost rate and 10% as the cost of debt. 4. Much has happened by way of innovation since the Cemex
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Review Questions for Mid-Term 1) What constitutional clause allows laws enacted by the federal government to take priority over conflicting state laws? 2) Would it be a violation of equal protection for a state to impose a higher tax on outof-state companies doing business in the state than it imposes on in-state companies if the only reason for the tax is to protect the local firms from out-ofstate competition? Explain. 3) Jen operates Jen’s Fruits & Vegetables‚ a small market stocked entirely
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CHILD AND ADOLESCENT DEVELOPMENT (PYC2602) QUESTIONS FROM THE STUDY GUIDE Question 2 Which statement is correct with regard to critical periods? (1) Critical periods occur mainly during prenatal development in the physical domain when environmental influences have the greatest impact. (2) A critical period is the specific time when the physical and language development of children and adolescents show the greatest changes. (3) Critical periods are the specific times when the development of certain
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jobs. By contributing to the bottom line‚ successful marketing also allows firms to more fully engage in socially responsible activities WHAT IS MARKETING MANAGEMENT? Marketing management is the art and science of choosing target markets and getting‚ keeping‚ and growing customers through creating‚ delivering‚ and communicating superior customer value. WHAT IS THE SCOPE OF MARKETING? 13. The scope of marketing is choosing target
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Unwind discussion questions 1. If I was aware of the fact that I was going to be unwound I would be very Upset and depressed. I would most likely try to run away. 2. In a life or death situation I don’t think I would take a part from an unwind to save my life. Id rather die because unwinding is horrible and I don’t believe in it. If a family member was in the same place as me it would be there choice‚ to me it doesn’t matter. 3. 4. I think this book takes place at least 30 years in the future
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