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Last update: June 21, 2018
  • Economics - Using Diagrams Explain the Profit Maximizing Point Is Where Mr = Mc

    Economics - Using Diagrams Explain the Profit Maximizing Point Is Where Mr = Mc

    Question 1: Using diagrams explain the profit maximizing point is where MR = MC. When a firm starts operating, their ultimate goal is to gain profit. The rule of profit maximization is marginal revenue equals marginal cost. Therefore the firms need to make a decision on the best output plan. A profit will then find out is total revenue deduct total cost while the total revenue of the firms is price times quantity. Marginal revenue

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    Essay Length: 579 Words / 3 Pages
    Submitted: April 8, 2016
  • Macro Economics 1

    Macro Economics 1

    Macroeconomics - Group Assessment 1 Question 1: (1 point for the diagram, 2 points for the explanation) Using this outline (see Graph 1), insert arrows and complete the circular-flow diagram representing the interactions between households and firms in a simple economy. Explain briefly the various parts of the diagram. Answer: Screen Shot 2015-07-22 at 11.58.23 AM.png Explanation: This model depicts the interaction of households and firms in the product and the factors of production market.

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    Essay Length: 1,866 Words / 8 Pages
    Submitted: April 11, 2016
  • One-Child Policy Vs. Western Civilization

    One-Child Policy Vs. Western Civilization

    ONE-CHILD Zahir Mohammed 12-2-2015 SOCU 420 Professor Brown One-Child Policy VS. Western Familism ________________ The Earth currently has a population of 7,385,034,415 and counting. And China contributes about a seventh of that total population. (Worldometers) What is truly remarkable about that figure is that nearly every Chinese family has one to two children in it; that is a lot of families. The reason that families are like this is because of two policies that were

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    Essay Length: 3,756 Words / 16 Pages
    Submitted: April 23, 2016
  • Macroeconomics - Malawi Economic Challenges

    Macroeconomics - Malawi Economic Challenges

    Table of Content Introduction………………………………………………………………………………………………………………… 2 Malawi………………………………………………………………………………………………………………………….3 Economic Policy…………………………………………………………………………………………………………….3 Main body………………………………………………………………………………………………………………………3 Economic challenge of Inflation……………………………………………………………………………………..3 Government solution……………………………………………………………………………………………………..4 Economics challenge of GDP growth………………………………………………………………………………4 Government Solution…………………………………………………………………………………………………….4 Economic challenge of the labour market (unemployment)…………………………………………..5 Government solution…………………………………………………………………………………………………….6 Economic challenge of low tax revenue………………………………………………………………………..6 Government solution…………………………………………………………………………………………………….7 Economic challenge of food shortage…………………………………………………………………………….8 Government solution…………………………………………………………………………………………………….9 Recommendation for the Government………………………………………………………………………….10 Conclusion………………………………………………………………………………………………………………………11 The reference…………………………………………………………………………………………………………………12 Macroeconomics Introduction In this assignment, we seek to examine to the very core of economic challenges that Malawi faces and analyze

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    Essay Length: 2,645 Words / 11 Pages
    Submitted: April 24, 2016
  • Economics

    Economics

    Part 1 (a) - Using diagrams explain the profit maximizing point is where MR=MC. In the world of economics the general assumption is that firms seek to maximize profits. The profit maximizing rule states that profit = total revenue – total cost. Basically, this implies that profit is maximized where marginal revenue equals marginal cost. The extra revenue gained by selling one or more unit is called marginal revenue. Marginal cost is the cost of

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    Essay Length: 1,174 Words / 5 Pages
    Submitted: April 24, 2016
  • Neoclassical Economics

    Neoclassical Economics

    During the 20th century, governments acquired almost unlimited power over money. This coincided with a move from a gold backed currency to a fiat currency with no underlying intrinsic value. Theoretically, under sound guidance, the fiat currency system provides all the benefits of the gold standard and the flexibility that the gold standard does not. However, historically fiat money has failed consistently since the Romans first began the practice, always ending in devaluation and eventual

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    Essay Length: 651 Words / 3 Pages
    Submitted: April 27, 2016
  • Coffee: Reading on Public Policies

    Coffee: Reading on Public Policies

    Environment and agri food systems Giorgia Bernasconi et Lisa Mazzocchi SP 2016 Travail de groupe 2 Le café : Reading on public policies 1. Introduction Alors que dans le premier travail de groupe nous nous sommes concentrées sur les systèmes de culture du café et sur leur conséquences au niveau environnemental, nous allons cette fois aborder la thématique du café sous une différente perspective: les politiques publiques. La policy sur laquelle nous allons baser notre

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    Essay Length: 4,125 Words / 17 Pages
    Submitted: April 28, 2016
  • Four Functions of an Economic System by Evangeline Endacott

    Four Functions of an Economic System by Evangeline Endacott

    Title, Subtitle, and Abstract The four functions of the Economic System An economy is the way in which a population is formed to solve the economic problem. All types of economics, from market to planned, incorporate the co-ordination of economic functions in order to solve the economic problem, including; resource allocation, production and distribution. These economic functions also provide a law and order framework for the exchange of goods and services in terms of economic

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    Essay Length: 539 Words / 3 Pages
    Submitted: May 4, 2016
  • Fuentes De Crecimiento De La Economía Colombiana Desde 2009 a 2014, Desde El Punto De Vista De La Demanda

    Fuentes De Crecimiento De La Economía Colombiana Desde 2009 a 2014, Desde El Punto De Vista De La Demanda

    FUENTES DE CRECIMIENTO DE LA ECONOMÍA COLOMBIANA DESDE 2009 A 2014, DESDE EL PUNTO DE VISTA DE LA DEMANDA Durante 2009 y 2014 la Economía Colombiana experimentó los efectos de la Crisis Económica mundial que afectó en mayor medida a las economías de primer mundo, esto como consecuencia de la Crisis en los Estados Unidos originada en el sector inmobiliario, en Europa, específicamente en la zona Euro se desató la crisis de las deudas nacionales

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    Essay Length: 976 Words / 4 Pages
    Submitted: May 7, 2016
  • Economic Root Cause Analysis on Boko Haram

    Economic Root Cause Analysis on Boko Haram

    Economic root cause analysis on Boko Haram Analysis on the relationship of the economic development of Nigeria on terrorism. http://estropadaakademikoa.files.wordpress.com/2013/10/logo-univ-navarra.gif ________________ Table of Content I. Introduction II. Bringing into Context History Defining Terrorism and Poverty III. Previous Literature IV. Hypothesis V. Nigeria’s Economy VI. Boko Haram – Foundation and Ideology VII. Data and Empirical Framework VIII. Multi-variable cross-sectional regression analysis IX. Conclusion References Appendix I. Introduction Nigeria, the most populous country in Africa, is the

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    Essay Length: 11,093 Words / 45 Pages
    Submitted: May 7, 2016
  • Fundamentals of Business Economics - East Electric

    Fundamentals of Business Economics - East Electric

    Fundamentals of Business Economics East Electric Summary 1.Introduction 1.1The main activity 1.2 Provided services 1.3.Turnover and net profit 1.4. Address 2.Short history 2.1 Company history 2.2 Biggest accomplishment 3.Departments 4.Key indicators 4.1 What kind of business is it? 4.2 Schedule 4.3 Number of employees 5.Challenge (recommandations and solutions) 5.1 Marketing strategy References: www.eastelectric.ro ; www.risco.ro 1. Introduction 1.1. The main activity of the East Electric company is research and development on other natural sciences and

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    Essay Length: 1,267 Words / 6 Pages
    Submitted: May 8, 2016
  • Developments in Selection Methods Have Led to a More Scientific Approach to the Design of Selection Events. Critically Evaluate the Contribution and Validity of a Range of Methods of Employee Selection.

    Developments in Selection Methods Have Led to a More Scientific Approach to the Design of Selection Events. Critically Evaluate the Contribution and Validity of a Range of Methods of Employee Selection.

    Introduction With technological advances, selection methods are becoming more and more scientific in order for employers to hire candidates who are better suited for specific job roles. This report will assess how developments that have occurred within selection methods have led to a more scientific approach to the design of selection events, whilst providing a critical evaluation of the validity and contribution of the chosen selection methods. According to Leopold et al (2002), selection

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    Essay Length: 2,637 Words / 11 Pages
    Submitted: May 12, 2016
  • Economics Ireland Vs Japan

    Economics Ireland Vs Japan

    Ireland Japan GDP $203bn $4612bn GDP per capita (GDP/POP.) $203bn/4.6m =$44130 $4612bn/127m =$36315 Japan has the third largest GDP all over the world, which is 23 times bigger than Ireland approximately. However as for the productivity (GDP/pop.) an Irish person produces more than a Japanese person. GNP $178bn $4782bn GNP per capita (GNP/pop.) $178bn/4.6m =$38696 $4782bn/127m =$37654 There is a huge difference in GDP between Ireland and Japan but a similarity can be seen by

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    Essay Length: 302 Words / 2 Pages
    Submitted: May 13, 2016
  • Freelancing and Its Emerging Impact on Economic Growth in Bangladesh

    Freelancing and Its Emerging Impact on Economic Growth in Bangladesh

    “Freelancing and its emerging impact on economic growth in Bangladesh” Milestone Group. Department of Accounting & Information systems. University of Dhaka. ________________ Submitted To Honourable Course Teacher Md. Ahasan Uddin Lecturer Dept. of Accounting & Information Systems University of Dhaka Submitted By: D:\outsourcing\12143185_198506500480431_1352412613096720545_n.jpg GROUP NAME:MILESTONE Batch: 20th, Section :C SL. NO. NAME ID CELL NO. EMAIL ADDRESS 01 Sazid Hasan Ruko 20-143 01724644307 mdsazidin143@gmail.com 02 Shohag Hossain ( group leader) 20-165 01943948156 shohaghossain165@gmail.com 03 Nurhat

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    Essay Length: 5,164 Words / 21 Pages
    Submitted: May 14, 2016
  • Micro and Macro Economics

    Micro and Macro Economics

    HND Business Yu Tian 04/05/2016 Primarily, the following texts compares AVG, AFC, MC and ATC in the short run and long run. Then, it portrays the distinction of competition market and monopoly market. Next, it illustrates why profit maximization is crucial for the firm and how applied in life. 1. The cost curves in the short run or in the long run are closely relevant with factors of production. The important factors of production are

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    Essay Length: 1,361 Words / 6 Pages
    Submitted: June 9, 2016
  • Economics - the Federal Reserve

    Economics - the Federal Reserve

    The Federal Reserve has 5 tools of monetary policy which can increase or decrease the quantity of money currently in circulation and can affect interest rates. The first tool the Federal Reserve uses is what is known as “Quantitative Easing.” This is when the Fed purchases ten year Treasury securities and credits the account of the seller which are new reserves that are owned by the seller. This allows the selling bank to lend newly-created

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    Essay Length: 1,099 Words / 5 Pages
    Submitted: June 27, 2016
  • What Is the Contribution of a Small Business in the Economy?

    What Is the Contribution of a Small Business in the Economy?

    What is the contribution of a small business in the economy? Read pages 16 and 17 of the Business Management Book to help you answer the following questions. Some of the questions require internet research. 1 Describe what an economy is. A system set up to determine what to produce, how to produce and whom production will be distributed. 2 What are the 3 basic questions that we must ask about an economy system? What

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    Essay Length: 480 Words / 2 Pages
    Submitted: July 10, 2016
  • Fiscal Policy Report

    Fiscal Policy Report

    A Report On Fiscal Policy (A comparison between India & Brazil) Submitted in the partial fulfilment of the requirements of the Course: Economic Environment & Policy By (Sec B – Group 2) Aditi Wahi 15P063 Rohan Deshpande 15P076 Gaurav Kothari 15P081 Naman Ratan 15P094 Rohit Jain 15P103 Vikrant Wakhlu 15P117 TABLE OF CONTENTS 1. Capital Expenditure 1 1. Revenue Expenditure 3 1. Public Debt & Interest Payments 6 1. Transfer Payments 9 1. Tax Revenue

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    Essay Length: 4,089 Words / 17 Pages
    Submitted: July 12, 2016
  • A Report on Fiscal Policy

    A Report on Fiscal Policy

    A Report On Fiscal Policy (A comparison between India & Brazil) Submitted in the partial fulfilment of the requirements of the Course: Economic Environment & Policy By (Sec B – Group 2) Aditi Wahi 15P063 Rohan Deshpande 15P076 Gaurav Kothari 15P081 Naman Ratan 15P094 Rohit Jain 15P103 Vikrant Wakhlu 15P117 TABLE OF CONTENTS 1. Capital Expenditure 1 1. Revenue Expenditure 3 1. Public Debt & Interest Payments 6 1. Transfer Payments 9 1. Tax Revenue

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    Essay Length: 4,089 Words / 17 Pages
    Submitted: July 12, 2016
  • Macro Economics

    Macro Economics

    A Device smaller than the size of a palm could now perform tasks more than a dozen of employees could have done in the 80’s . The world has changed since then and the face of this change is not yet finally mature. Some relevant aspects of this change are : The globalization and new de-globalization , Fiction technologies realized real, Social network , war on terror , Jihad concept , The euro birth ,

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    Essay Length: 1,137 Words / 5 Pages
    Submitted: July 23, 2016
  • Economics Essay Monopoly Power

    Economics Essay Monopoly Power

    Explain how welfare loss may result from monopoly power. (10 marks) Welfare loss equals to loss of a portion of social surplus that arises when marginal social benefits are not equal to marginal social costs, due to market failure. Market failure refers to when the market fails to allocate resources efficiently, or to provide the quantity and combination of goods and services wanted by society. Market failure results in allocative inefficiency where too much or

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    Essay Length: 936 Words / 4 Pages
    Submitted: August 17, 2016
  • Corporate Social Responsibilty Policy

    Corporate Social Responsibilty Policy

    CORPORATE SOCIAL RESPONSIBILTY POLICY Submitted By Rangoli Agarwal C003 Vaibhav Bangar C008 Prateek Gupta C023 Kumar Aditya Jha C027 Dhruvi Shah C051 Prasad Temgire C061 Pranav Misal C066 Table of Contents INTRODUCTION PRODUCTS REGISTRATION DETAILS CSR DRIVING PRINCIPLES CSR MISSION CSR VISION SOCIAL DEVELOPMENT IN THE PAST RATIONALE FOR CSR POLICY FOCUS AREA OF CSR INTERVENTION GEOGRAPHIC SCOPE OF INTERVENTION METHODOLOGY OF INTERVENTION BUDGET CSR EXPENDITURE MONITORING AND EVALUATION DISSEMINATION OF INFORMATION AMENDMENTS REVIEW ________________

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    Essay Length: 1,423 Words / 6 Pages
    Submitted: August 22, 2016
  • Implementation of a Workplace Fun Policy

    Implementation of a Workplace Fun Policy

    1.0 Introduction This report aims to explore how implementing a workplace fun policy can be a successful way of improving productivity and cohesion within Aspect Architects. The beginning of the today’s workplace fun movement can be attributed to the work of Peters and Waterman (1982) and Deal and Kennedy (1982), who promoted the idea managers should develop organisational cultures that endorse play, humour and fun. As explored in the literature discussed, humour can be used

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    Essay Length: 2,122 Words / 9 Pages
    Submitted: August 24, 2016
  • The Strategy, Tactics, and Economics of Pricing

    The Strategy, Tactics, and Economics of Pricing

    The Strategy, Tactics, and Economics of Pricing Final Exam, Aug 2016 (Time Limit: 1 hour) PART II Name: Haveen ID:1511396 This is an individual exam. Please type your name below the following statement to indicate that you honored the individual nature of this exam. On my honor, I declare that all the answers below are a result of my individual work. I have neither given nor received help during this exam. 1. Estimate a linear

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    Essay Length: 586 Words / 3 Pages
    Submitted: August 25, 2016
  • The Role of Hr in a Company's Security Policy

    The Role of Hr in a Company's Security Policy

    What roll does HR play in security policy? Be specific, and think a bit outside of the box here. The Human Resources (HR) department in any company is at the tip of the spear for the establishment and forward progress of said company. Those who work in the HR department sort through the plethora of applicants to find the best and most qualified people for the positions in which they are looking to fill. Part

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    Essay Length: 450 Words / 2 Pages
    Submitted: August 27, 2016

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