Using all the information available to you‚ complete the following tasks: Analyse the arguments for Amina’s proposed strategy Analyse the arguments against Amina’s proposed strategy Make a justified recommendation on whether Amina’s proposed stratergy should be adopted. (34 marks) One reason why I feel that yes Sound and Vision plc should adopt Amina’s strategy
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Can India sustain its present economic growth rate? India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain
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Micro Economic Essays These are some suggested micro economic essays. The essays are from different exam boards. In practise they ask similar questions so they will be helpful whatever your exam board. There are different ways to answer questions. But‚ all these answers contain enough material to get the top grade. Whenever the question requires evaluation‚ the essay contains the necessary critical distance. On the last page‚ there are some general tips for evaluation. Note: These essays are for
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This tells us that the capital is 12 times as productive and 10 times more costly. Question2 A competitive firm sells its product at a price of $0.10 per unit. Its total and marginal cost functions are: TC = 5 - 0.5*Q + 0.001*Q2 MC = -0.5 + 0.002*Q‚ where TC is total cost ($) and Q is output rate (units per time period). (a) Determine the output rate that maximizes profit or minimizes losses in the short-term. R=P*Q=0.10*Q MR=0.10 MC=-0.5+0.002Q=0.10=MR ; 0.002Q=0.6 ; Q=300 (b)
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Assignment 1: Using Global Variables 1. Five advantages of using global variables • It is accessible to all modules in a program • You only have to declare it once outside the modules • It is good to use it for constants you want to keep consistent • It simplifies maintenance‚ avoids duplication of local constants • It can make a program easier to read in reference to constants Five disadvantages of using global variables • It makes debugging difficult • Any statement in a program can change
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Economics 101 Project Topic: Profit Maximization of a firm. Profit maximization has always been considered the primary goal of firms.The firm’s owner is the manager of the firm‚ and thus‚ the firm’s owner-manager is assumed to maximize the firm’s short-term profits (current profits and profits in the near future).Today‚ even when the profit maximizing assumption is maintained‚ the notion of profits has been broadened to take into account uncertainty faced by the firm (in realizing profits)
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macroeconomics considers the economy’s overall performance 3) An economist who is studying the relationship between the money supply‚ interest rates‚ and the rate of inflation is engaged in B. macroeconomic research 4) After several years of slow economic growth‚ world demand for petroleum began to rise rapidly in the 1990s. Much of the increase in demand was met by additional supplies from sources outside the Organization of Petroleum Exporting Countries (OPEC). OPEC‚ during this time‚ was unable
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12-Sep-13 Objectives of firms 1. Profit Maximisation In neo-classical economics it is assumed that the interest of owners or shareholders are the most important. Just as consumers attempt to maximise utility‚ shareholders main motivation is to maximise their gain firm the company. Therefore‚ one of the main objectives of firms is to maximise profit. Profit is the reward for the risk-bearing function of the entrepreneur. The firm is in equilibrium‚ and is maximising profit‚ when it is producing
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-ve effects on the environment f ll the ? of all th resources y your fi consumes? firm What Wh t are th -ve effects on the environment the ff t th i t of all the products your firm produces? What is your firm doing to repair the damage done t th environment over th p t X y to the i t the past years? ? Wh t i your firm doing to avoid damaging fi d i g t id d gi g What is y the environment in the future? What is your firm doing to promote environmental awareness amongst employees and the p g p y public
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* Light Fixtures * Light fixtures are the devices that hold the light bulbs you use * In order to have a light in your house you have to have a light fixture to hold it. * Since there are many different types of light bulbs there must be different light fixtures * I.e.‚ fluorescent‚ LED‚ and your basic incandescent‚ etc. * Light Bulbs * Light bulbs are what give you that wonderful emission of light. * Light bulbs vary from different sizes to different
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