Chapter 3: Government and the Economy In your own words‚ explain what an externality is. Externality is very easy to explain. An externality is the measurement of the difference in what something costs for you and what it costs for society in economics. Besides addressing externalities‚ what other important and beneficial roles does government play in our economy? Governments play
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Adapted physical activity is a cross-disciplinary field of study that is still relatively new promotes an active‚ healthy lifestyle by remediating psychomotor problem that interfere with goal achievement and self-actualization (Sherrill (1998)‚ Haegele‚ J.‚ Jihyun Lee‚ J.‚ & Porretta‚ D.‚ (2015)). Adapted physical education is a key factor of physical activity for many children. “Physical Education is potentially the main source of physical activity and development of physical skills for many children
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MANAGERIAL ECONOMICS ASSIGNMENT Question 1 a. Explain the production possibilities frontier (PPF). [2 marks] b. Analyse what it means for the PPF to be bowed out from the origin (curved)‚ and what it means for the PPF to be a straight line. [3 marks] c. State the Law of Increasing Opportunity Cost and explain why it holds. [3 marks] [TOTAL: 8 MARKS] Question 2 a. “As
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ECON EXAM 3 QUESTIONS Competitive Supply A perfectly competitive firm maximizes profit by producing the quantity at which: MR = MC. Consider a perfectly competitive firm in the short run. Assume the firm produces the profit-maximizing output and that it earns economic profits. At the profit-maximizing output‚ all of the following are correct except: price is equal to average total cost. People in the eastern part of Beirut are prevented by border guards from traveling to the western part of
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Applied Heat past Examination Questions 1. An Ammonia refrigerator is to produce 2 tonne of ice per day at -4°C from water at 20°C. if the temperature range in the compressor is between 25°C and -6°C‚ Calculate horse power required to derive the compressor. Latent Heat of ice = 80 kcal/kg‚ and specific heat of ice= 0.5 2. A compressor draws 42.5 m3 of air per minute in the cylinder‚ at a pressure of 1.05 kg/cm abs. It is compressed Polytropically pV1.3=C to a pressure 4.2
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Elective History Final-Year Examination Revision Stalin’s Russia (SEQ Revision) A) How did Stalin Rise in Power? When we examine the reasons behind the rise of Stalin‚ there are TWO MAIN FACTORS RESPONSIBLE: • Stalin’s Cunning Personality o Stalin Outwitted His Rivals o Stalin Pretended to have been Close to Lenin o Made Alliances o Used His Position as Secretary-General of the Party • Favourable Circumstances o Trotsky’s Weaknesses 1) Stalin Outwitted
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Question 1 0 out of 0 points A balance sheet ________. Selected Answer: Answers: [None Given] is a list of all the cash collected and cash paid during a period describes the financial situation of a company at a specific point in time is a summary of all of the revenues minus all of the expenses for an accounting period shows the changes that took place in the amount of shareholders’ equity during a period Question 2 0 out of 0 points A deferral transaction is one in which ________. Selected
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these days. The need to prepare for tests and examinations is a restriction on teachers and also exerts unnecessary pressure on young learners. To what extent do you agree or disagree. Students nowadays are getting more stressed. We have to sit for lots of examination since we are small. Some of us even have their first examination at the age of four‚ when they are supposed to enjoy the beauty of the world without having the fear of failing an examination. It sounds crazy and ridiculous but the principals
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Andrea D. Lopez SMC 1311 May 8‚ 2013 Final Exam 1) What is justice according to Plato? How does Plato’s theory of the soul reflect his understanding of justice? Plato was a famous philosopher and a mathematician who lived from 429 to 374 B.C. Plato was the founder of The Academy of Athens and with the knowledge he gained from his professor‚ Socrates‚ he continued to spread his teachings to the youth. In the book‚ Republic‚ Plato defines justice as harmony with one self. If a person is content
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---------------------------------------------------------Answer Question 1 (compulsory) from Part I and five questions from Part II. The intended marks for questions or parts of questions are given in brackets [ ]. ---------------------------------------------------------------------------------------------------------------- PART I (20 Marks) Answer all questions. Question 1 Answer briefly each of the following questions (i) to (x): [10 × 2] (i) Define private cost and social
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