Question 1 Figure 1.1- A tax on Producers a) i) Equilibrium Price and Quantity before tax: 100-10Q = 20 +10Q ∴ 20Q = 80 ∴ Q = 4 When Q = 4‚ P = 60 ∴ Equilibrium price equals $60 and equilibrium quantity is 4 million ii) Consumer Surplus = ½ x 4 x 40 = 80 Producer Surplus = ½ x 4 x 40 = 80 iii) An efficient market occurs when total
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their own game”. (27). The profit of the casino business has also help The native Americans to support any political view‚ unlike the past that they were cheated by the laws and essentially force to be slaves. It is time to support this community and why not with the casino business? In addition‚ another positive outcome is it helps to establish daycares‚ educational institutes‚ and parks. Moreover‚ the Indian casinos have opposed obstacles from the government and society “…federal prosecutors began
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Birds The earliest birds of which we have any record were descended from reptiles and lived about a hundred and thirty million years ago. These first birds had tails like lizards and teeth in their jaws. Over a period of many millions of years‚ the wings developed at the expense of the tail and the teeth disappeared. Thus birds as we know the today have evolved. They now differ very much from reptiles and it is only because of the research of zoologists one hundred years ago‚ that they were
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CHAPTER 5: Integrative Case- Northwest Industries N Date: December 3‚ 2011 Information Management Immediate Issues or Problems * Is there an existing fraud in the payroll system of Northwest Industries? * What courses of action should be done by Northwest Industries to prevent and detect fraud? Basic Issues or Associated Issues * All of the 1‚500 company employees of Northwest Industries had a discrepancy between their reported withholding and the actual amount
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to form a New Jerusalem by implementing the Beveridge Report and its plans for creating a welfare state. After World War Two the country was in tatters. After enduring 6 years of total war the British people wanted pay back and change. The public did not want to return to the era of World War One when they were promised a ’land fit for heroes’; which never materialised. People voted for Attlee‚ in spite of admiring Churchill as a hero. The majority believed that a Labour government would be more
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The Caged Bird Children endeavor clashes when finding their personal place in society. When a child is grinded down by their family‚ or the dominant culture‚ the road to achieving self-identity is accompanied with enormous obstacles to overcome. Maya Angelou’s amazing and enthralling experiences in “I Know Why the Caged Bird Sings” show her hard life growing up as a black girl from the South during the 1930s. Among the hardships are things known as "cages". "Cages" are things that keep people from
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As illustrated by Anne Lamott‚ author of Bird by Bird‚ first drafts are not meant to be perfect‚ but merely to begin the writing process and generate ideas that can later be perfected. Lamott attempts to eliminate the common perceptions of the writing process‚ emphasizing the need for accepting flaws of an initial draft. Written by almost all good writers‚ sloppy first drafts are a way to begin the long writing process‚ while still allowing mistakes along the way. In order to make a piece of writing
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The 20 Most Brilliantly Colored Birds in the World Birds are the only animals with feathers. All have feathers and most birds can fly. It is the possession f feathers‚ not the ability to fly‚ that distinguishes birds from other animals. There are about 10‚000 species of birds from all over the world. Here are 20 of the world’s most colorful birds. 1. Golden Pheasant (Chrysolophus pictus) The golden pheasant of Asia is a brilliantly colored game bird. It is native to forests in mountainous
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Birds (class Aves) are feathered‚ winged‚ bipedal‚ endothermic (warm-blooded)‚ egg-laying‚ vertebrate animals. With around 10‚000 living species‚ they are the most speciose class of tetrapod vertebrates. All present species belong to the subclass Neornithes‚ and inhabit ecosystems across the globe‚ from the Arctic to the Antarctic. Extant birds range in size from the 5 cm (2 in) Bee Hummingbird to the 2.75 m (9 ft) Ostrich. The fossil record indicates that birds emerged within theropod dinosaurs
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Record producer in the old days was someone who took care about the budget and organization of making an album without really interrogation in the creative process. In around mid-1960’s the new wave of producers were in many cases owners of private record labels or studios and they would now mostly do all the production tasks themselves‚ like attending or even engineering recording and mixing sessions; or even writing the material. It also became popular to include the producer in writing on the
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