QUESTIONS RELATED TO MONOPOLY: 1- What is the characteristic of the monopoly? 1 - The existence of a single product of the commodity 2 - characterized by prices‚ rising prices prevailing 3 - the relative stability of prices 4 - There are barriers to enter the industry monopolist 5 - not necessary to advertise Another Monopoly properties. Price control. In a monopoly‚ and at the expense of supply in the market one entity to control and demand‚ and the degree of the price offered
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essentially self governing. Chapter 2: Incentives Matter Explain how each of the following relates to efficient outcomes in a market economy: Adverse selection‚ “perverse incentives”‚ principal agent problem‚ and the prisoners dilemma. Adverse selection affects the outcomes in market economies by giving workers reason to change jobs. Perverse incentives can be important in market economies because they happen essentially on the fly. Principal agent problems can drastically affect the economy when
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Continuing Cookie Chronicle – Problem 2 After researching the different forms of business organization‚ Natalie Koebel decides to operate Cookie Creations as a proprietorship. She then starts the process of getting the business running. During the months of November and December 2013‚ the following activities take place: Nov. 12 Natalie cashes her Canada Savings Bonds and receives $980‚ which she deposits in her personal bank account. 12 She opens a bank account under the name “Cookie Creations”
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E. W APES-6th Period Food Web Questions Oct 2013 Salt Water Marshes- Q&A 1. Identify a potential symbiotic relationship (p.153-155) in your food web and describe it. Within our food web of Salt Water Marshes‚ located specifically in Virginia‚ there is a symbiotic relationship between the American Alligator and other organisms whose survival is dependent on the water they live in. During dry seasons‚ gator holes fill up with water‚ and could be one of the only locations with water. All the organisms
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The Chrysalids: Study Questions Chapter 2 1. How old is David’s house? (17) David’s house is 50 years old 2. Who built this house? (17) David’s grandfather; Elias Strorm built the house 3. Describe the materials from which this house is built. (17-18) It’s built from bricks and stones‚ solid and roughly-dressed timbers. 4. Explain the words: "My grandfather appeared to have been a man of somewhat tediously unrelieved virtue. It was only later that I pieced together a portrait that was more
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Why does Ismene object to Antigone’s plan to bury Polyneices? Possible Answer: Ismene believes the men who rule Thebes must not be disobeyed because men are stronger and their will must be respected. How does Antigone demonstrate pre-feminist ethics? Possible Answer: Antigone believes that a woman’s duty is not to the men who rule a domain‚ but rather to her own instincts and her own sense of right and wrong. She believes that the gods do not dictate through a ruler‚ but rather through individual
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documents produced through financial accounting are used by people within the company to make internal decisions. The use of financial statements is vital to both types of accounting. The difference lies in the groups of people that use the information. 2 Historical Data Cost accountants and financial accountants both are interested in historical information about a company. This information is provided through financial statements. A primary reason that this information is important is to make future
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ANSWERS TO QUESTIONS: 1. What are the significant regions in the titration curve? Relate the characteristics of each region to the pH results obtained. - There are four significant regions in each titration curve‚ namely the initial‚ pre-equivalence‚ equivalence‚ and post-equivalence points. These points are named according to its position relative to the equivalence point. The equivalence point signifies the volume of titrant at which the solution becomes neutral. This is represented in the
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Group 1 Questions "The Birthmark" 1. Using inferences from the story‚ establish its likely geographical setting and historical time. Afterwards‚ review the story for at least a couple of convincing clues and hints that suggest the story will end tragically‚ i.e. that Aylmer will fail and/or Georgiana will die. The narrator tells us that it takes place “in the latter part of the last century”‚ meaning around the late 1700s. We know this because the story was written in the 1840s so prior to that
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Activity 1: Case Analysis – Case Incident: Jack Nelson’s Problem‚ page 25 Questions 1. So you think setting up an HR unit in the main office would help? Why or why not? 2. What specific functions would an HR unit carry out? What HR functions would be carried out by front line managers? Some of the problems that are caused at the local bank are employment issues as well as training issues. Ruth Johnson has only been working at the local bank for two months and yet she has no idea the name
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