How do the economies of scale affect break-even analysis? In the video on leverage‚ leverage is compared to a fulcrum in that you need just the right balance of leverage. That would seem to indicate that there is a point where the leverage is just right and that too little leverage may be just as harmful as too much leverage. Do you think this is true? The book discusses the difference between efficiency and effectiveness. Which one do you think is the most important in business and why? Answers:
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consumption on petroleum‚ the government use tax strategy to control the oil price. Further more‚ government strategic oil reserves have to be considered as a factor which causes oil supply shortage. Next‚ let¡¦s discuss in detail how the demand and supply relation affect the price of oil. 2. Microeconomic Analysis 2.1 Analysis of Market Form There are not so many oil producers in the world; the countries that produce most of the world¡¦s oil have formed a cartel‚ which called Organization of
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graduate from college. How are the students affected and how may it affect schools‚ why is tuition increasing‚ and what are the colleges doing with the revenues they receive. Students are affected by this increase because they are forced to take out larger loans‚ work full time or may even have to take fewer classes. They face opportunity costs because they are willing to sacrifice working for school hoping that school will help them more in the end. This increase not only affects the student‚ but the
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The Prohibition Era is known as the time alcohol consumption and production was banned in the United States‚ it lasted from 1920 to 1933 but it still affects society today. The prohibition mostly put Chicago and its citizens in a worse situation‚ although there was great support. Instead of limiting abuse in homes and increasing the productivity at workplaces‚ prohibition was the start of the bootlegging business‚ the illegal production and selling of alcohol. Crime and corruption exploded in the
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How do Global Corporations Affect National Economies – Key Economic Indicators The growing size of the Multinational Companies around the world; their global operations and financial practices pose some serious questions about the implementation of best practices that do justice to everyone‚ including the countries with less developed economies‚ where many of these corporations operate. Global Corporations may create problems regarding the national balance of accounts. Every company operates globally
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Due to having only one regulator who oversees the system‚ these virtual currency systems are decentralised and display information irregularity in the system. For ‘Bitcoin’‚ due to the complexity of the system not all users completely understand how it works which leads to risks some users take without realising the consequences of those risks. Creation of Monetary Value The creation of monetary values using virtual currency such as ‘Bitcoin’ and ‘Linden Dollars’ can lead to risks and implication
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They’re many effects on shoplifting‚ one of them is that it affects the economy. There are also ways that it affects family. One way it affects family is influencing your siblings‚ and also the time you’re parents have to put in by picking you up and taking you to community service. America looses about 16 million a year just from shoplifting. It also affects teens long term‚ making it harder to get a job and so on. It even affects the payroll which effects the people that work there. And it may
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The Great Depression‚ which had an effect on economies on a global scale‚ was on of the catalysts to the start of World War II. With many countries struggling‚ Hitler managed to rise to power partially from his claims of the ability to change Germany into a great military and economic power. Across the ocean though‚ America was still mired down in the economic slump. President Roosevelt had enacted his New Deal economics and America seemed to be fighting back out of the depression‚ but it couldn’t
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Running Head: DEMENTIA: HOW AND WHOM DOES IT AFFECT? 1 Dementia: How and Whom Does it Affect? Liberty University COUNS 502 B-23LUO Instructor: Dr. Richard Pace Shelly M. Becker March 5‚ 2013 DEMENTIA: HOW AND WHOM DOES IT AFFECT? 2 Abstract Although dementia is often viewed as an “old person’s disorder‚ its effects ripple down in many directions such as family‚ caregivers‚ finances‚ and the healthcare system
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the government towards e-commerce affects Amazon because of the taxation policies in place. Different states charge a different amount of taxes on e-commerce companies based on the laws that they have in place. Depending on the new site that Amazon will choose for their second headquarters‚ this will mean they would potentially have to pay a larger sum of money in taxes. The economic condition of the new location will also affect Amazon because the better the economy‚ the higher the overall profits
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