whether each of the following statements applies to microeconomics or macroeconomics‚ and why: 12 Marks Total a. The unemployment rate in Canada was 7.0 percent in January 2010 Answer: This is the macroeconomic statement because it describes the unemployment rate of the whole country. b. A Canadian software firm discharged 15 workers last month and transferred the work to India. Answer: This is the microeconomic statement because it focuses in an individual Canadian
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EC 3101: Microeconomic Analysis II A/P Indranil A/P Indranil Chakraborty All relevant details on EC3101 are in the syllabus The morning office hours on Tuesday will start from the third week of lectures t tf th thi d k fl t Important Highlights Important Highlights • Text book: Intermediate Microeconomics: A modern h approach by Hal R. Varian (8th edition) One midterm and one final exam Please do not email material‚ lecture or exam related questions. Post your questions precisely on IVLE Forum or ask
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Chapter 14 1. 4 main types of market structure based on number of firms in the industry and product differentiation: perfect competition‚ monopoly‚ oligopoly‚ and monopolistic competition. 2. A monopolist is a producer who is the sole supplier of a good without close substitutes. An industry controlled by a monopolist is a monopoly. 3. The key difference between a monopoly and a perfectly competitive industry is that an individual‚ perfectly competitive firm faces a horizontal demand curve but
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from 200 to 400 pounds? 5. Can you explain why the answers to parts 3. and 4. above are not the same? What does this imply about the slope of the production possibility frontier? --------------------- References: Grading Rubric Microeconomics: Unit 2 Assignment: PPF and Opportunity Costs | Content | Points Possible | Points Earned | Draw production possibility frontier (PPF) | 3 | | Analyze feasible/infeasible production | 2 | | Compute opportunity cost of increasing annual
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While playing the game‚ press ~ to display the console window. Then‚ type one of the following codes and press [Enter] to activate the corresponding cheat function: Result Cheat Code List all commands help God mode tgm Increase level advancepclevel Increase level of indicated skill by one player.incpcs [skill name] All spells psb Add indicated Dragon’s Souls player.modav dragonsouls [number] Add indicated perk player.addperk [id number] Add indicated spell player.addspell
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Canon EOS Rebel T1i/500D For Dummies Cheat Sheet - For Dummies Cheat Sheet Canon EOS Rebel T1i/500D For Dummies From Canon EOS Rebel T1i/500D For Dummies by Julie Adair King Get to know the external controls and all the functions of the exposure modes on your Canon Rebel T1i/500D digital camera and you’re on your way to taking great digital photos! The Canon Rebel T1i/500D Digital Camera Layout Here’s a guide to the buttons‚ dials‚ and other external controls on your Digital Rebel T1i/500D
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IB/AP Economics Unit 1 Introduction to Economics Introduction to Economics AP and IB Economics Unit 1 Definitions of social science and economics Definitions of microeconomics and macroeconomics Definitions of growth‚ development and sustainable development Positive and normative concepts Ceteris paribus Scarcity • factors of production: land‚ labor‚ capital and management/entrepreneurship • payments to factors of production: rent‚ wages‚ interest‚ profit Choice Utility: basic definition Opportunity
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retail bank overcomes the limitations of thirty-year-old "legacy" microeconomics systems to launch a high-tech operation that offers its customers a complete range of banking services over the telephone. Another bank is able to roll out‚ within three months of an acquisition‚ information systems that deliver the same level of service to all customers at all branches‚ new and old. (Richard 2002‚ 177) For these companies‚ Microeconomics has genuinely become an enabler of change that boosts competitive
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Oil rises above $103 ahead of Iran nuclear talks Published: Thursday‚ 12 Apr 2012 | 5:43 AM ET SINGAPORE - Oil prices rose above $103 a barrel Thursday in Asia as traders looked to negotiations this weekend over Iran’s nuclear program. Benchmark oil for May delivery was up 42 cents to $103.12 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.68 to settle at $102.70 in New York on Wednesday. Brent crude for May delivery
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Competitive Priorities The critical dimensions that a process or supply chain must possess to satisfy its internal or external customers‚ both now and in the future. Competitive capabilities The cost‚ quality‚ time‚ and flexibility dimensions that a process or supply chain actually possesses and is able to deliver. Order Winners The criterion customers use to differentiate the services or products of one firm from those of another. Productivity The value of outputs (services and products)
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