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BRIC Countries
BRIC Countries
Introduction
There has been a force move from the secured Triad of the United States, European Union, and Japan; to the developing economies (BRIC) of China, India and some more modest countries. It is tricky to say if this power movement is great or awful. Some development for the ...
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Microeconomics Assignment
Microeconomics Assignment
Answer 1
The marginal cost (MC) of each good or service is the opportunity cost of producing one more unit of it, as illustrate as we move along the PPF, the opportunity cost and the marginal cost of security increases. In the second chart, upward-sloping MC curve shows the ...
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Microeconomics Assignment
Microeconomics Assignment
Answer 1
As it can be noted from the article Malaria has been one of the main disease and accounted for 30 percent of the years of life lost in Morogoro where as it only received 5% of the health budget in 1996. The diagram above shows that the ...
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Organizing Production
Organizing Production
Answer 1
Opportunity cost was being referred by the spokesman. Due to the delay in the production of A380's has caused the SIA to fly less efficient than it would have If the delay wasn't there, this points out the problem of opportunity cost o SIA, as in ...
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Micro economics assignment four
Microeconomics assignment four
Question 1 A)
Average total cost (175,000 cattle = 100)
Year
50,000cattle
175,000cattle
425,000cattle
850,000cattle
1,350,000cattle
1992
1.104
100.0
94.3
90.6
88.5
1977
1.082
100.0
95.8
93.1
91.7
1963
1.045
100.0
98.0
98.0
96.7
An economy of scale is evident in the given table mainly because there is a decline in the average cost of with increase in the operations of the company. From the table economy of scale evident ...
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Microeconomics assignment 5
Microeconomics assignment 5
Question 1A)
If the market is unregulated it means that government has fail to develop strategies and manage the overall situation of the market and on the other hand extensive competition means that percentage of suppliers have increased that under these circumstances the total equilibrium quantity of ...
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CASE STUDIES
CASE STUDIES
Case 7.4
Oligopoly or Monopolistic Competition
Yes the oligopolistic bakers and the small bakers cater for the same market. Both the oligopolistic and small bakers serve the same market and are attempting to supply at their best where giant bakers are endeavoring more towards producing specialized products to give ...
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Research Methodology
Research Methodology
Sampling
The population is classified into groups (strata). This is to ensure that all levels of interest are properly collected and therefore represented in the partition. From a probabilistic point of view, it is considered that there are much defined subpopulations within the population where the distribution of the ...
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ECONOMIC SYSTEMS
Economic Systems
Economic Systems
Introduction
Economics system
An economic system is the system of transforming and dispersing of merchandise and administrations and apportioning assets in a social compound. It incorporates the mixture of the different establishments, organizations, substances and purchasers that involve the economic structure of a given group. An identified notion is ...
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JUST IN TIME IN KALAMAZOO . THE RESEARCH QUESTION IS, “WHAT STILL NEEDS TO BE Just in Time in Kalamazoo. The research question is, “What still needs to be
Just in Time in Kalamazoo. The research question is, “What still needs to be
Introduction
Logistics management refers to the system of ...