Managerial Economics Q.1.0) For each of the following events‚ assume that either the supply curve or the demand curve (not both shifted). Explain which curve shifted and indicate the direction of the shift. a.From 1950 to 1979 the wages paid to fruit pickers increased while the number of fruit pickers employed decreased. b.During the same period the price of radio sets declined‚ while the number of radio sets purchased increased. c.Housing prices are rising but more houses are sold. d.Australian
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1) Go to the Bureau of Economic Analysis’s Webb site (www.bea.gov) and locate the gross domestic product data. Compare the annual figure for the last four years. What do the figures indicate for the next couple of years? In 2007 it was 4.9%‚ in 2008 it was 1.9%‚ in 2009 it was -2.5%‚ in 2010 it was 4.2%. 2011 is not yet out. These numbers indicated a rapid decrease and a rapid bounce back. I think for the next couple of years‚ the figures will rise again before a decrease comes again. 2) At
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19/08/2013 ECONOMIC ENVIRONMENT OF BUSINESS ASSIGNMENT WILL BIDDEFORD’S TRAM MAKE A RETURN? Question 1 The central focus of this case is how Biddiford Tram Company‚ under the management of Mary Jo and Marty‚ can increase revenue and become profitable given the business constraints it must operate under‚ namely; (a) Loss of $0.15 subsidy per passenger from the State of Maine (b) Not increase the price of tram fare above $2.00 for two years and subsequently not above the rate of inflation
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Grade 10 Biology Revision Guide Characteristics of Living Organisms Nutrition: Respiration: Excretion: Sensitivity: Movement: Homeostasis: Reproduction: Growth: Taking in food for growth and releasing energy. Burning glucose to release energy. Removing waste material like urea formed during chemical reactions. Responding to changes in the environment. Transport inside cells and moving the body. Control their internal conditions. Increasing the number of organisms. Increasing the number of cells
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BATTERIES What is a battery? A battery is a container consisting of one or more cells carrying an electric charge and used as a source of power. SECONDARY BATTERIES * rechargeable * high cost (short-term) low cost (long-term) * used in objects with high energy requirements: e.g. mobile phones‚ power tools * require special handling‚ containment & disposal * limited interchangeability * long life time * produce smaller amount of waste (flat discharge curve)
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IGCSE History Revision Charts 1. Were the peace treaties fair of 1919-21? -The Big Three (USA‚ France‚ Britain) gathered in Paris for the treaty of Versailles -USA believed in self determination at a strong way. -Britain and France wanted to make Germany pay a lot of reparations as well to gain other colonies‚ as a punishment for WWI. France wanted at an alarming rate to punish Germany. -The treaties could be justified because they had to control Germany and make sure it wouldn’t go to
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IGCSE Biology Notes Refined by KmQ Unit 1 : Characteristics of living things Biology is the study of living organisms. For something to be alive it needs to perform all seven functions of living things.MRS GREN Movement‚ Respiration‚ Sensitivity‚ Growth‚ Reproduction‚ Excretion‚ Nutrition. 1. Movement Most organisms are able to move their whole body even plants can shift their stem towards the sunlight and their roots move towards healthy soil. 2. Respiration IT is the breakdown of food
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IGCSE Complete Chemistry Notes Unit 1: States of matter Everything is made of particles. Particles in solid are not free to move around. Liquids and gases can. As particles move they collide with each other and bounce off in all directions. This is called random motion. In 2 substances‚ when mixed‚ particles bounce off in all directions when they collide. This mixing process is called diffusion. It’s also the movement of particles without a force. The smallest particle
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BUSINESS STUDIES Paper 2 0450/02 May/June 2003 1 hour 45 minutes Candidates answer on the Question Paper. No Additional Materials are required. READ THESE INSTRUCTIONS FIRST Write your Centre number‚ candidate number and name on all the work you hand in. Write in dark blue or black pen in the spaces provided on the Question Paper. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Answer all questions. At the end of the examination‚ fasten all your work securely together
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Chapter 8 29. The travel-to-work time for residents of the 15 largest cities in the United States is reported in the 2003 Information Please Almanac. Suppose that a preliminary simple random sample of residents of San Francisco is used to develop a planning value of 6.25 minutes for the population standard deviation. If we want to estimate the population mean travel-to-work time for San Francisco residents with a margin of error of 2 minutes‚ what sample size should be used? Assume 95% confidence
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