best measure of the opportunity cost of any choice is: A) the monetary cost of that choice. B) whatever you have given up to make that choice‚ even if no monetary costs are involved. C) the cost associated with not taking full advantage of the opportunity offered by that choice. D) your hourly wage. 3. A busy professor can’t decide whether to stay in his office to grade papers for another hour or to go home and go to bed. This is an example of: A) equity versus efficiency. B) how one person’s
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Do you think people’s personality are the same ? Personality is the most difficult terminology to understand and describe. In short‚ Personality is the sum total of ways in which an individual reacts to and interacts with others. For example‚ you could have some friends who are more talkative than others. You may have some friends who love to be taken risks and others who are risk-averse. This consistency is an essential requirement for personality theory because it attributes a person’s behavior
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governance and formulate laws which formally states the people’s rights‚ duties and obligations. However‚ for the country to continuously sustain the needs of its citizens it has to generate revenues from the different sources available. How will the national government implement the maximization of revenues from local communities in each region that has the potential in generating revenues? Indeed‚ the government cannot work alone to achieve its objectives. That is why
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On this paper we will explain about Webvan‚ when it was established‚ how the people welcoming the idea of having such service through the network and will discuss if Webvan achieved the goals or did it made any profit from its business‚ why they didn’t success and the reason for failed these companies. Webvan was the name of a company and they were doing online grocery delivery business. In 1996 webvan started grocery delivering services it offered customers the convenience of shopping from home
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Question # 1 What do you mean by ‘new product’? List the steps in new product development process and the major consideration managing the process? New Products: New Products are goods or services that differ from its characteristics and new products produced by the firm. Types of Product: • New to world products: These are new inventions and discoveries like laser printers etc. • New category products: These are new for the company but not for the World. • Additions to product lines: These are
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APA Referencing An introduction to academic study skills Table of Contents Student objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Book Book‚ no author or editor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Book‚ one author. . . . . . . . . . . . . . . . . . . . .
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time. Recidivism is basically to relapse. How Toni Fabelo Proposes to Measure Recidivism In order to measure recidivism‚ Fabelo stresses to have a full understanding of recidivism‚ understand how it is measured‚ and determine the implications of adopting recidivism rates as measures of performance (Maxfield‚ 2015‚ pp. 83-84). There are indicators such as rearrests‚ reconvictions‚ or incarcerations
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Sports is a waste of time. Do you agree? What can give us health benefits besides exercise? A sport is commonly defined as an organized‚ competitive‚ and skillful physical activity requiring commitment and fair play. Playing a sport is an art. An art where you hone both physical and mental skills. No art can ever be a waste of time. Thus‚ I do not agree that sports is a waste of time. Sports gives us health benefits. Research by Harvard School of Public Health shows that physical exercise‚ supplemented
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MY DEFINITION OF SUCCESS The definition of success varies from person to person‚ but it can be summed up with this: if you set a goal‚ and‚ through effort on your part‚ you accomplish what you set out to do‚ you are successful. One cannot determine success by how much money one has‚ nor by how many people one surrounds him/herself with‚ but by one’s happiness with where they stand in life. I am mainly interested in two types of goals: short term goals and long term goals. Short term
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countries. I will also define the term ‘underdevelopment‚’ then explain why most African nations are affected by it. I will take the Zambian case as an example to try and explain why African countries are underdeveloped and conclude with recommendations on how this issue could be resolved. The concept ‘development’ is neither new nor old. Development is a continuously changing and dynamic concept. Since the beginning of civilization it has been taking shapes and dimensions. The nature of development as
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