A. Discuss elasticity of demand as it pertains to elastic‚ unit‚ and inelastic demand. Elasticity of demand is gauged by the percentage of change in demand when the price of an item varies. If the change in the quantity demanded is greater than 1 the demand is elastic. Elasticity of demand is calculated by ED=quantity demanded/decrease in price. If you reduce the price of milk by 6%‚ and that causes an increase of quantity demanded by 9% the demand for milk is elastic (ED= .09/.06 = 1.5).
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Hi Jackie‚ I believe you want to work in the care profession. I have worked in Care for a couple of years now‚ l thought I’d get in touch to try and help you out. There are different terms used in care‚ which would be handy for you to know. For example Duty of Care means you have a legal obligation to always act in the best interest of individuals and others. Not to act or fail to act in away that results in harm don’t take on anything you do not believe you can safely do If you don’t follow these
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A. Listening to follow multistep oral directions is a listening strategy that could easily be incorporated into any lesson plan. Being able to listen and then follow multistep oral instructions is an important strategy for students to learn because it is a skill they will utilize their whole lives. They will use it do complete homework assignments‚ their bosses when they’re older and have jobs will give them multistep oral directions to follow‚ an IT person for their cable company will give them
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Aii: Explain the correct actions to take if you suspect an individual is being abused. A: If i suspected an individual being abused i would go straight to my manager and talk to her. Aiii: Explain the correct actions to take if an individual tells you they are being abused. A: If a individual told me they are being abused i would go to my manager and tell her exactly what i have been told. Av: Identify how to ensure evidence of abuse is kept safe. A: Any evidence is kept locked away in the mangers
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The relationship between marginal revenue (revenue generated by increasing product sales by 1) and marginal cost (the cost in producing that 1 extra product) is important to a business in terms of profit maximization. A business reaches maximum profit when there is equilibrium between these two numbers. An imbalance on either side will result in a decrease in profit. Profit maximization in terms of total revenue to total cost shows that the maximum profit is achieved when the distance between the
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The author mentions that this study was approved by the “National Health Service South-West 3 Research Ethics Committee (10/H0106/13)” (Betts et al‚ 2014). This study meets the conduct and procedures that were set by the Consolidated Standard of Reporting Trials (CONSORT) guideline. Diagrams‚ flow charts‚ and descripted details and rational for that aligns with the CONSORT guidelines can be obtained online. I do believe that Betts and his team did a good job setting their inclusion criteria and
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FXT2 Enterprise Continuity Plan The purpose of this presentation is to educate you on disaster recovery plans and/or enterprise continuity plan. The following slide will include basic structures‚ roles in the plan‚ and employee awareness. FXT2 Enterprise Continuity Plan The presentation will cover the following topics • Employee responsibilities of a ECP/DRP • Operational disturbance optimization • High level employee education plan • ECP/DRP content with input from IT vendors • Employee awareness
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This Change Request would fund the labor‚ travel‚ and KISS user days for a factory technician from Rubb Building Systems to assist with the on-site construction of the Summit Mobile Garage as a quality assurance measure to facilitate timely and proper assembly of the structure. Specifically‚ upon arrival at Summit Station the Rubb technician will assess the status of the erection‚ which will already be in-progress‚ and work with the CPS Foreman in addressing questions or clarifications‚ identifying
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Part A SOLE PROPRIETORSHIP: LIABILITY – Sole Proprietorship caries a large amount of liability because your personal credit can be affected if business fails. INCOME TAXES – As a sole proprietorship you only file one income tax for yourself and your business combined. LONGEVITY/CONTINUITY – A Sole proprietorship can grow as fast or as slow as the owner chooses. CONTROL – Sole proprietor has complete control over every aspect of the business. The sole proprietorship can grow at fast or
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Advertising encourages consumers to buy in quantity rather than promoting quality. To what extent do you agree or disagree? Words: 281/ Time: 45’ Whether or not customers are encouraged by advertisers to purchase products in quantity without promoting quality is a controversial question. Some people would say “yes” with that idea. However‚ as far as I am concerned‚ I strongly oppose that perception. First and foremost‚ although nowadays consumers are bombarded with information of products and
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