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Section A: Multiple Choice
Answer ALL questions. Each question is worth 1 mark.
Record your answers in the answer booklet.
1. In the sequential version of a game using the same players, the same strategies, and
the same possible outcomes as the original game, the equilibrium
may be different than in the original game.
must be different than in the original game.
will be the same as in the original game.
is the same as the cooperative version of the original game.
Consider the game shown in Scenario 1, below: Payoffs are in millions of dollars.
Lawrence LLP’ss payoff is listed before the comma
Buy Turbo Tech
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which in turn, creates jobs and adds value to society as a whole. Likewise, a decrease in taxes benefits the middle and upper class households by providing additional funds to spend, thus, placing money back into the economy. Contrary to this, a large decrease in taxes would create a lack of available funds needed to support crucial government agencies and pay back government debts and treasury bonds. Decreasing taxes would also negatively impact the funds available for programs such as Social Security, Medicare, and Healthcare Reform. (Tax, 2015)
Microeconomics gives us a fundamental understanding of the economical behavior of
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Firm: Organisation that brings together FOP (land, labour, capital, entrepreneurship) to product goods and services for sale
Industry: group of firms that produce a single g/s (or related)
Explicit costs: payment made to outside suppliers of inputs
e.g. salaries/wages, raw material, overhead costs
implicit costs: do not involve direct payment of money, sacrifice of some alternative
e.g. salary forgone/interest forgone (factors are already owned by firm)
accounting cost: explicit cost
economic costs → opportunity cost to society (explicit + implicit costs)
traditional objective = profit maximization
profit = revenues – cost.
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The concept I will illustrate through the lens of mesoeconomics for my two current events are competition. Mesoeconomics is the bridge between macro economics and microeconomics. The circular flow of the economy is influenced by mesoeconomics.
Competitions for online banking customers are intense among top U.S. banks; because of increased unemployment, credit crisis and the overall poor health of the U.S. economy. Marc Trudeau states “Americans have less cash, are spending less and have experienced a significant decline in the value of their assets. There are shifts in the way consumers manage their finances online.” Less frequent visits to banking websites, has significant
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Supply and Demand
Goodlife Management was the only firm in Atlantis that rented apartments. This gave Goodlife Management an advantage in the housing market. Detached rental homes owned by Oakridge Builders were the closest substitute to the apartment rentals. Without a substitute for rental housing in the Atlantis area, Goodlife Management maintained a monopoly in this market. Many factors cause changes to the supply and demand of a product or service. Companies need to make adjustments to pricing, supply, and demand to reach the equilibrium.
With a vacancy rate of 28% Goodlife Management made the decision to lower the rental rates decreasing the vacancy rate
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microeconomic and two macroeconomic principles present in the simulation and to explain why these principles are categorized as microeconomic or macroeconomic. The supply and demand was affected by decreasing the rent to lower the vacancy percentage and maximize revenue for the company. This moved is considered a temporary fix on a month-to-month basis and a good example of microeconomics. Another example of microeconomics is when the new company came into town and caused an increased in the population along an increased in the job market. The population and job increase suggest they increase rental rates in response to the increase in demand. An example of macroeconomics is the survey
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Economic Terms and Health Care History
November 28, 2011
There are many terms that are used in Healthcare History, some of which have been used since the beginning of time and some that have been adapted over the years with the never ending changes in healthcare. In the next few paragraphs we will learn when these terms began and where they take place. When one learns the history of healthcare and the fundamentals of the economic terms they are able to better understand just how the system works. The terms that we will learn about in the paper are as follows: economics, supply and demand, microeconomics, macroeconomics, elasticity, inelasticity
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factors that will affect if they are going to go for that third plate. First thing would be that they aren’t going to enjoy that second plate as much as the first, so it wouldn’t want to make them go for a third plate. The second factor would be by the time they finish that second plate most people get full. If they serve themselves that third plate, while being full they are not going to get anymore satisfaction from the meal. So yes, restaurants do gain profit from all you-can-eat buffets. Due to the fact that they attract more people thinking they are going to eat as much food as they want for one price.
McEachern, William A. ECON-Principles of Microeconomics. 4th. Stamford: Cengage Learning, 2014.
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some of the factors that contribute to its changes.
Economics is “a social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy unlimited wants.” Economics is broken down into microeconomics and macroeconomics. Microeconomics analyzes how firms and households make decisions about how they should spend their money respectively. Microeconomics focuses on a smaller scale, hence the prefix micro-. It looks at the basic economic theory of supply and demand which tells businesses how much of a certain product they should produce, and how much they should be charging for it. Macroeconomics on the other hand studies the whole
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Macroeconomics (from Greek prefix "macr(o)-" meaning "large" + "economics") is a branch of economics dealing with the performance, structure, behavior, and decision-making of the entire economy. This includes a national, regional, or global economy. With microeconomics, macroeconomics is one of the two most general fields in economics.
Macroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international
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Econ 101: Intro to Microeconomics
Spring 2012, Handout 8 Solutions
More on Monopolies
1. A monopoly faces a market demand curve given by P = 42 − Q. Its marginal cost curve is given by M C = Q. (a) Find an equation for the marginal revenue curve. Graph market demand, marginal revenue, and marginal cost for this monopoly. Double the slope of the demand curve to get the MR: M R = 42 − 2Q. The
graph should show a line twice as steep as the original demand curve, but with the same price intercept. Note: the “double the slope” rule only works when the equation is solved for P! (b) Find the proﬁt-maximizing level of production for this monopolist. M R = M C to get 42 − 2Q = Q ⇒ Q = 14
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contrast microeconomics and macroeconomics. How do the two approaches interrelate? Use a specific example to explain.
Microeconomics deals with Business, Consumers and families.
Macroeconomics is the overall standing of the country’s economy When these two work together a business can be successful; Macro looks over the rate of growth of the company. As Micro is more of looking over the supply and demand.
14. What is the difference between fiscal and monetary policy? What role does politics play in shaping these policies?
Through fiscal policy, regulators attempt to improve unemployment rates, control inflation, stabilize business cycles and influence interest rates in an effort
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UNIVERSITY OF TECHNOLOGY, JAMAICA
SCHOOL OF BUSINESS ADMINSTRATION
ECO 1001: INTRODUCTION TO MICROECONOMICS
1. Which of the following is the best definition of economics?
a) The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided.
b) The study of how consumers spend their income.
c) The study of how business firms decide what inputs to hire and what outputs to produce.
d) The study of how the Jamaican government allocates tax dollars.
2. Competitive behaviour
a) occurs as a reaction to scarcity.
b) occurs only in a market system.
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Supply and Demand of Personal Computers
Today almost all households have a personal computer. The majority of households have multiple personal computers. In all the developed nations across the world, this is the norm. It is common to have one desktop computer and several additional laptops within the household. Twenty years ago, this was definitely not the norm. From 1995 to 2015, the price of a personal computer had decreased significantly due to the advancement of technology. Two of the basic principles of microeconomics are supply and demand. As the supply of a product rises to be greater than the demand, the price of the particular product decreases (Applications of Demand and
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factors that can cause changes in supply and demand. There are many factors that can change supply. These are not the only factors but some of these factors include; price of inputs, technology, expectations, and taxes and subsidies. “Microeconomic analysis is the foundation of most of the more specialized branches of economics today. These branches include labor economics, which applies supply-and-demand theory to employers and employees, and international economics, which considers supply and demand as it relates to trade between nations” (Detroit: Gale, 2008). So microeconomics, like macroeconomics, is also a foundation for a bigger picture. It deals with many aspects of foreign trade and
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1993, in contrast with central government expenditure on agriculture of $33 million.
8. Marketing boards also face organizational challenges. Their susceptibility to bureaucracy and corruption increased both the inefficiency in their operations and the transactions costs for farmers and consumers.
1. CONTEMPORARY ISSUES DETERMINING THE FUTURE OF KENYAN AGRICULTURE:AN AGENDA FOR POLICY AND RESEARCH BY GEM ARGWINGS-KODHEK
2. Microeconomics. McGraw-Hill/Irwin, 3rd Edition: 1997
3. An Introduction to Modern Economics, Philip Hardwick
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. Fast foods and restaurant meals tend to contain high levels of saturated fats, cholesterol and additives that exceed the recommended averages for a healthy life (St-Onge et al., 2003). In addition, the children prefer sodas and other beverages that contain lot of sugar and ultimately increase the level of energy intake per day. Inadequate exercise and buildup of fatty deposits in the body lead to the obesity and in later on in life, such people become prone to diabetics.
The study of changing consumption patterns falls under the ambit of a branch of economics called microeconomics. Economics is the social science that deals with the allocation of scarce resources by examining how the
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Chapter 1: The Core Issues
Principles of Microeconomics
What Is the Economy?
1. The Economy is us.
2. It is the grand sum of all our production
and consumption activities.
3. For the United States, it is the collective
behavior of the 320 million individuals who
participate in it.
The Core Issues
The purpose of an economy is to produce
goods and services that satisfy peoples’
wants using the limited resources
What do you want in your life?
Scarcity: The Core Problem
Scarcity: lack of enough resources to satisfy
all desired uses of those resources.
Three Core Issues
What to produce
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b. The average total cost of production
c. The efficiency of the market outcome
d. The typical firm’s profit in the long run
|Microeconomics: Unit 8 Assignment: Game Theory and Perfect Competition and monopolistic competition in the Long run |
|Content (15 points) |Points Possible |Points Earned |
|Game TheoryCorrectly calculated the non-cooperative Nash equilibrium for one-shot game. |3 | |
|Two-shot game with two strategies: “always charge the low price” or
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a preferred product for another that will yield the same result. Sugar for example, has substitutes such as Stevia or Splenda, which are artificial sweeteners. Complement products are products that are combined and add value to each other. Shaving cream for example, is a complement to razors because they both work in conjunction to meet the consumers demand. Without shaving cream it would be difficult to shave. Demand for products and services have a direct effect on price, and changes in price affect demand. Elasticity is best defined by curves that depict change in price and quantity. When a curve is more elastic small changes in price create large changes in quantity. When a curve is less elastic, large changes in price affect quantity.
Colander, D. C. (2013). Microeconomics (9th ed.). New York, NY: McGraw-Hill/Irwin.
Moffatt, M. (2015). Cross-Price Elasticity of Demand. Retrieved from http://economics.about.com/cs/micfrohelp/a/cross_price_d.htm
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to a non-functioning automobile.
In conclusion a car has many compliments as well as substitutions. This paper provided a very detailed definition of what elasticity is, in addition to a few reasons as to why cars often are substituted and by means of form of commuting back in forth. This paper also listed a few items that were complimentary to a car and why.
Colander, D. C., (2013). Microeconomics (9th ed.). New York, NY: McGraw-Hill.
Elasticity. (2014). In Investopedia. Retrieved from http://www.investopedia.com/terms/e/elasticity.asp
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As the definition of the term indicates, in order to be considered an oligopoly, there are to be only a small number of producers. More specifically, the structure calls for “a few large producers”.2 The textbook, Microeconomics by McConnell, Brue, Flynn and Barbiero goes on to indicate that any industry which uses the term Big Three, Big Four, etc. would be considered an oligopoly. The Canadian banking industry is well known by the “Big 5” banks: RBC (Royal Bank of Canada), TD (Toronto-Dominion Bank), Scotiabank (Bank of Nova Scotia), BMO (Bank of Montreal) and CIBC (Canadian Imperial Bank of Commerce). To further confirm the fact that the “Big 5” are indeed an oligopoly, combined
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ECO 365 Final Exam
1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in
A. microeconomic research
B. macroeconomic research
C. theoretical research, because there is no data on these variables
D. empirical research, because there is no economic theory related to these variables
The answer is B
2) A basic difference between microeconomics and macroeconomics is that microeconomics
A. focuses on the choices of individual consumers, while macroeconomics considers the behavior of large businesses
B. focuses on financial reporting by individuals, while macroeconomics focuses on financial reporting
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pricing to monopolize industries.
• Coordinate the output and pricing decisions of a group of firms.
Complete Answers here ECO 365 Complete Assignment
29). Microeconomics and macroeconomics are:
• Interrelated because what happens in the economy as a whole is based on individual decisions.
• Interrelated because both are often taught by the same instructors.
• Not related because they are taught separately.
• Virtually identical, though one is much more difficult than the other.
30). Microeconomics is the study of:
• a firm's pricing policies
• business cycles
This article covers the topic for the University Of Phoenix
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Writing assignment 4
I Hope I Am Not Dreaming
On one sunny spring morning, I stepped out of my bed and thought to myself, when does all this end. I knew that I had to pick extra shifts at work because my mother needed some money. My mother had exactly one month to come up with 80 thousand shillings, and if not she would lose her house, that she had used as a collateral for a school loan in order for my younger brother to go to school. Mother had always taught me to be patient with time and that “Gods time wasn’t our time.” At this very minute however, it was almost impossible to still believe, “I have issues of my own, you know” I need a larger
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A budget is generally a list of all planned expenses and revenues. It is a plan for saving and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organisational plan stated in financial terms. The purpose of budgeting is to provide a forecast of revenues and expenditures i.e. construct a model of how our business might perform financially speaking if certain strategies, events and plans are carried out. Also it enables the actual financial operation of the business to be measured against the forecast.
The management of costs is a very important
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, representing a compound annual growth rate of 14.5% between 2007 and 2011. The market is expected to grow further in terms of value with moderate but rather steady growth rates throughout the years up to 2016.
Porter’s 5 Forces Model is used to analyze the current business environment of Luotang Power Company.
According to the contract, Pindingshan Coal Company was required to supply low sulfur bituminous coal that met certain quality specification based on coal extracted from its mines in the neighboring Henan province. Despite the relative stable price of coal, the quality was actually declining. Lower heat content combined with higher water content coals
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may be prescribed.
7. Reference Books: Sr. No. Author R1 R2 R3 D. Salvatore H.L Ahuja Ravindra H. Dholakia and Ajay N. Oza Pindyck & Rubinfeld C. Rangaragan and B. H. Dholakia Name of the Book Managerial Economics in a Global Economy Managerial economics Microeconomics for Management Students Microeconomics Principles of Macroeconomics Publisher Cengage S Chand Oxford University Press Pearson The McGrawHill companies Year of Publication Latest Edition Latest Edition Latest Edition
Latest Edition Latest Edition
G. S. Gupta, 3/e
R7 R8 R9 R10
Samuelson and Nordhaus Atmanand I C Dhingra (SCS) D Salvatore
Macroeconomics – Theory and Applications Economics
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Jain, T. R., & Khanna, O. P. (2008). Business economics. New Delhi: V K Publications.
Landsburg, S. E. (2011). Price theory and applications. Australia: South-Western/Cengage Learning.
Martin, J. S., & Chaney, L. H. (2012). Global business etiquette: A guide to international communication and customs. Santa Barbara, Calif: Praeger.
McEachern, W. A. (2012). Microeconomics: A contemporary introduction. Mason, OH: South-Western
Nijsen, A. (2009). Business regulation and public policy: The costs and benefits of compliance. New York: Springer.
Taylor, J. B. (2008). Economics. Boston, Mass: Houghton Mifflin.
Taylor, J. B., & Weerapana, A. (2012). Principles of microeconomics. Mason, OH: South-Western Cengage Learning.
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Name: ________________________ Class: ___________________ Date: __________
Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. Figure 6-3
1. Refer to Figure 6-3. In panel (b), with the price floor in effect, there will be a. a shortage of wheat. b. equilibrium in the market. c. a surplus of wheat. d. an excess demand for wheat. 2. The positive relationship between price and quantity supplied is called a. profit. b. a change in supply. c. a shift of the supply curve. d. the law of supply. 3. When quantity demanded decreases at every possible price, we know
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ECONOMICS FOUNDATION - MBA 502
Chu Nguyen Quynh Huong
Assignment 1 – Microeconomics
1. The Basics of Supply and Demand (Pindyck – Chapter 2): Excercises 9, 10 (page 63).
a) The original demand is
And supply is
The 20-percent increase in demand means that the new demand is 120 percent of the original demand, so the new demand is
Q ́D =1.2QD
Q ́D =1.2(18–3P)=21.6–3.6P.
The new equilibrium is where Q ́D equals the original supply: 21.6 – 3.6P = - 6 + 9P
The new equilibrium price is P* = $2.19 per pound. An increase in demand of 20 percent, therefore, increases price by 19 cents per pound, or 9.5 percent.
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that discourage discrimination. Any employee who engages in discriminative practices may have to face the firm’s disciplinary committee. A company may also set up recruitment procedures that are aimed at increasing the number of women in every period that the company is employing new blood into its system (Leiter & Leiter, 2002, p. 32).
Bardes, B., Shelley, M. & Schmidt, S. (2008). American Government and Politics Today: The Essentials. Stamford, CT: Cengage Learning
Ferrell, O., Fraedrich, J. & Ferrell, L. (2009). Business Ethics: Ethical Decision Making and Cases. Stamford, CT: Cengage Learning
Leiter, L. & Leiter, W. (2002). Affirmative action in antidiscrimination law and policy: an overview and synthesis. New York, NY: SUNY Press
Mankiw, N. (2008). Principles of Microeconomics. Stamford, CT: Cengage Learning
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factors affected the forecasts of future fuel rate in disadvantage for the company. This company has hedged fuel at the £61 while in 2014 the oil price dropped to £33 per barrel which gives competitors a chance to purchase cheaper fuel and reduce their fares against RyanAir.
The final story describes how major UK Supermarkets Tesco and Sainsbury are affected by changes in microeconomics caused by rise of popularity of competition- grocery shops (Aldi, Lidl). Even though the competition is beneficial for customers as supermarkets are offering price match, the businesses must make drastic changes, such as closing down shops and cutting jobs in order to survive on market.
2. European Telecoms
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Microeconomics Project Paper
Course Project 1
Summer 2014 Session B
Prof. William Mapp
September 13, 2014
Last night about 7pm, I went to fill up on gas at the closest gas station by my home in Merrillville, Indiana. The Speedway gas station had gas for $3.49 a gallon for regular unleaded gas. Midgrade gas was $3.69 a gallon, Premium was $3.89 a gallon, and Diesel was $3.89 a gallon. I always try to fill up before the work week, as I do not want to get stuck in Chicago, Illinois where I work, and have to fill up on gas. Gas prices are dramatically different in my 40 mile radius. Today, gas prices in Chicago off my exit for work are
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unemployment is considered to be the most controllable through demand-side macroeconomic policy?
• Cyclical unemployment
• Natural unemployment
• Structural unemployment
• Frictional unemployment
14. Microeconomics and macroeconomics are:
• Interrelated because both are often taught by the same instructors
• Interrelated because what happens in the economy as a whole is based on individual decisions
• Virtually identical, though one is much more difficult than the other
• Not related because they are taught separately
15. Federal law and business leaders alike favor ____________ as a means of governing private business ethics.
• Self-regulation by companies
• Establishment of
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Examination Paper of Managerial Economics IIBM Institute of Business Management Subject Code-B-106 Examination Paper Managerial Economics Section A: Objective Type (30 marks) This section consists of multiple choices & Short notes type questions. Answer all the questions. Part one carries 1 mark each & Part two carries 5 marks each. MM.100
Part one: Multiple choices: 1. It is a study of economy as a whole. a. Macroeconomics b. Microeconomics c. Recession d. Inflation 2. A comprehensive formulation which specifies the factors that influence the demand for the product. a. Market demand b. Demand schedule c. Demand function d. Income effect 3. It is computed when the data is discrete
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The consumer surplus that could be absorbed is represented by the area under demand and above the price line at 15. Area = (1/2)b*h.
b = 21,084 - 0 = 21,084
h = 50 - 15 = 35
Consumer surplus = (.5)(21,084)(35) = $368,970
16. May enjoys spending her free time with her friends at the mall and solving problems from her microeconomics text. She has 16 hours per week of free time. Diagram May's time constraint. If and where F is her time spent with friends at the mall and P is her time spent working problems, how much time should May spend at each activity?
The time constraint is 16 = F + P.
Since the price of each activity is equivalent
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The first ethical issue presented in the ethics game simulation was whether to warn consumers about the contaminated product and what information to provide consumers about the contaminant. The second ethical issue was whether to sell a product that does not meet U.S. safety requirements in a foreign market that has lower safety restrictions.
G-BioSport was not required to meet prior approval from the Federal Drug Administration before they released their product on the market. After G-BioSport ran test, it was determined that there were traces of a contaminant in the sample received. The quality control manager must identify a developmental solution to maintain the company’s reputation
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Modern American History by Alan Renga 2nd Mid Term!
You will be given 3 Short Essay questions and 20 Multiple Choice questions deriving from this list! 80 points total!
Warren Harding then Calvin Coolidge
Tea Pot Dome
1st Red Scare
Immigration Restriction, Sacco and Vanzetti
Langston Hughes, Marcus Garvey, KKK
Prohibition, Al Capone
Flappers, Clara Bow, Rudolph Valentino
Babe Ruth, Jack Dempsey, Knute Rockne, Helen Willis
Scopes Trail, F Scott Fitzgerald
Stocks on Margin & Land Speculation
Hoover Blankets, Hoover Flags, Hoover Ville
Strikes: John L Lewis, United Mine Workers
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ECONOMY 26 Luring a big ﬁrm to town is not the secret to job growth
DEFEND YOUR RESEARCH 30 Are morning people wired for success?
VISION STATEMENT 32 The social web’s east-west divide
COLUMN 38 Warren Bennis looks back on his surprising path to fame
New Thinking, Research in Progress hbr.org New Thinking, Research in Progress hbr.org
The VC Shakeout
Venture capital hasn’t worked for a decade and must be radically restructured if it’s going to inﬂuence innovation—and make solid returns to investors. by Joseph Ghalbouni and Dominique Rouziès
VC QUARTERLY RETURN RATES, 1981–2009
SOURCE CAMBRIDGE ASSOCIATES LLC U.S. VENTURE CAPITAL INDEX
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I hope to provide in this paper a comprehensive understanding for what the term “hospital” has become. Hospitals are an extremely complex system that man has created and shaped and reshaped throughout history. My goal in writing and researching this paper will be to provide those who read it a clear understanding on how the hospital system got to where it is today, and to shed some light on the many organizations that affiliate with and contribute to all the wonderful things that hospitals do for people.
The evolution of hospitals is one of the most interesting things (in my opinion) that history has to offer. Long before America was even in existence there were places of care located
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Semester: Fall, Year: 2012
College Mission Statement
Richard J. Daley College provides high-quality education which leads to academic success, career development, and personal enrichment that fulfill diverse community needs.
Mathematics Department Mission Statement
Our mission is to deliver excellent service and to provide learning opportunities by offering a wide range of mathematics courses, which will help our diverse student population to reach their goals in their path of preference such as baccalaureate transfer, workforce development, adult or continuing education. Our dedicated faculty will guide our students in constructing the necessary elements that
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Boeing Management Planning
October 22, 2012
Boeing is known as “the world’s leading aerospace company and the largest manufacturer of commercial jetliner and military aircraft combined ("The Boeing Company: About Us", 2012). Every company uses different types of management techniques including how the planning function of management is used. Planning allows organizations to develop how the customers’ needs can be met, what is expected out of the company, and the environment. The structure of management helps accommodate the need for experience and expertise on important factors. Some of these factors are legal issues, ethics, and corporate
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Should physician-assisted suicide be legal?
While I believe if one chooses to end his or own life through physician assistance for reasons that they chose, the choice should be up to the individual. Physician-assisted suicide should be at one's discretion. “Assisted Suicide, also called Voluntary Euthanasia, is currently a contentious issue in many countries. Because Euthanasia is legal in a few modern democracies: the Netherlands, Belgium, and Switzerland. In the Netherlands, voluntary euthanasia has been legal since 1983, with some 3,000 people requesting it each year. In Australia, assisted suicide was legalized in the Northern Territory with the backing of a substantial majority of
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Tanglewood’s staffing strategy requires the organization to make key decisions about the acquisition, deployment, and retention of the organization’s workforce. In order to accomplish this, Tanglewood’s must make thirteen decisions regarding its staffing levels and its staffing quality. One of the first decisions that Tanglewood needs to choose is to acquire or develop talent. Tanglewood should try to develop their current talent because one of their focal points of having a successful business is having exceeding customer service, and there is no need to go out and acquire new talent when Tanglewood already has the staff capable of developing their KSAOs. However, Tanglewood will need
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Есе по въпроса: Кои от всички „действащи” лица могат да се разглеждат като морално отговорни и в какво именно? по казуса Форд „Пинто”
Корпоративните злодеяния са нанесли повече вреди на обществото от всички улични престъпления взети заедно. Според данни на ФБР сумата от уличните престъпления възлиза на $3.8 млрд. годишно, а загубите от корпоративните измами между $100 млрд. и $400 млрд. годишно. Корпоративните измами са най-ужасяващите престъпления. Всяка година заради пари смъртта си намират около 16 000 човека или 1/3 от общия брой на годишно загиналите, които са 56 000. За съжаление, все още няма закони за тези престъпления и големите фирми
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The short story ”The Penis” is written by Hanif Kureishi. The short story is about a penis, which has been separated from its owner Doug, who we hear from later on.
At first though we hear about a guy called Alfie who was “a cutter – a hairdresser – and had to get to work”. He is having breakfast with his wife, when she asks him what he did last night, and if he had a good time last night? Alfie can not remember what he did last night, he then looks in his wallet to examine how much money he had spent or if he has any cocaine left or anything else, which could give him a clue of what he has been doing. He finds something strange inside his pocket. In his pocket he finds a penis, with
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Managed Care and Case Management Care
27 August 2012
Managed Care are techniques employed to help reduce the cost for providing health benefits and a system for improving organizations quality of care. The United States National Library of Medicine describes managed care as, “programs that are intended to reduce unnecessary health care costs through a variety of mechanisms, including: economic incentives for physicians and patients to select less
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The life expectancy is lower; so people are not kept alive with drugs for decades in a virtual sleep state. There is less state education; so kids don't have it drilled into them that their only goal in life is to make money, at the cost of 'everything' else. The health care is less; so diseases, usually brought by Westerners, kill many more than they do in countries where drug companies can make a fortune from selling medicines that aren't nearly as good as those offered by nature, though Westerners force them to abandon that knowledge. Eg Artemesinin. They haven't got religion, the greatest disaster to ever hit the human race (prove me wrong). In reality, they are far better off than us
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The Political Economy of International Trade
OPENING CASE: Why Are Global Food Prices Soaring?
INSTRUMENTS OF TRADE POLICY
Country Focus: Subsidized Wheat Production in Japan
Import Quotas and Voluntary Export Restraints
Local Content Requirements
Management Focus: U.S. Magnesium Seeks Protection
THE CASE FOR GOVERNMENT INTERVENTION
Political Arguments for Intervention
Country Focus: Trade in Hormone-Treated Beef
Economic Arguments for Intervention
THE REVISED CASE FOR FREE TRADE