Lesson 1 (5.0 points) 1. What is scarcity? (1.0 points) Scarcity is the condition of people having unlimited wants but living in a world with limited resources. 2. What is an economy? (1.0 points) An economy is a system of trade. Trade is the exchange of things of value. 3. What is a commodity? (1.0 points) A commodity is something of value that can be bought‚ sold‚ or traded‚ such as a book‚ a car‚ or tutoring lessons. 4. What is a producer? (0.5 points) A producer is
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per unit to manufacture of $9 each. Installation of the machine and the resulting increase in manufacturing capacity will require an increase in various net working capital accounts. It is estimated that the Sisyphean Corporation needs to hold 2% of its annual sales in cash‚ 4% of its annual sales in accounts receivable‚ 9% of its annual sales in inventory‚ and 5% of its annual sales in accounts payable. The firm is in the 35% tax bracket‚ and has a cost of capital of 10%. Calculate the
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a fluorescent protein gene to the embryo before the fish hatches. -trademarked transgenic zebrafish (Danio rerio) expressing a red fluorescent protein from a sea anemone under the transcriptional control of the promoter from the myosin light peptide 2 gene of zebrafish1. Produced
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This file POL 310 Week 2 Quiz has solutions on the following questions: 1. The Copenhagen Accord is a: (Points : 1) 2. Carbon equivalency is a useful tool when discussing climate change because greenhouse gases other than carbon: (Points : 1) 3. Carbon dioxide‚ methane‚ and nitrous oxide are examples of: (Points : 1) 4. When a polluting company that seeks to avoid rigorous emissions standards relocates to a country with less rigorous standards‚ it is an example of:
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EYMP 5.1.1. Explain the following terms: Speech: The verbal means of communicating with one another. The act of communicating ones feelings‚ sharing ideas‚ expressing how one is feeling‚ asking questions. A means to relate with one another in general. Language: Something which is used in communication. This can be either in the written form or spoken form. Though this is not just verbal; language can refer to any form of communicating messages to one another in order to be understood‚
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1. Give two(2) definitions of Health and critique them. (10 mark) 1)Health is a broad concept which can embody a huge range of meanings. The word “health” is derived from the old English word for heal (hael) which means “whole” showing that health concerns the whole person and his or her integrity‚ soundness. Health is holistic and include different dimensions‚ holistic health means taking account of the separate influences and interaction of these dimensions. THe different dimensions physical
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of demand and its calculation. The price elasticity of demand measures the responsiveness of quantity demanded to changes in price; it is calculated by dividing the percentage change in quantity demanded by the percentage change in price. 2. Explain what it means for demand to be price inelastic‚ unit price elastic‚ price elastic‚ perfectly price inelastic‚ and perfectly price elastic. Demand is price inelastic if the absolute value of the price elasticity of demand is less than
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the same time there was a steady tendency for synthetic (manufactured) inputs to replace agricultural based raw materials and industrial inputs. Hence international trade conformed to patterns of overall change in world consumption and production. 2. In the past-half century‚ the developing countries have experienced major compositional shifts from exports of primary products (including agricultural and raw materials) to exports of manufactures. How might you explain this in terms of broad historical
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or obstacles standing in the way of their goal. This is the destructive path that leads to neurosis. Adler believes that healthy people strive for perfection/completion and the only way towards that is cooperating with others so we all can benefit. 2. What is social interest and how is it related to psychologically healthy development? Adler defined social interest as “a striving for a form of community which must be thought of as everlasting‚ as it could be though of if mankind had reached the
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HSC BIOLOGY TOPIC 2: BLUEPRINT OF LIFE HSC BIOLOGY TOPIC 2: BLUEPRINT OF LIFE 1) Evidence of evolution suggests that the mechanisms of inheritance‚ accompanied by selection‚ allow change over many generations. 1.1.1 Outline the impact of evolution of plants and animals of: * Changes in physical conditions in the environment * Changes in chemical conditions in the environment * Competition for resources
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