the first 100 customers. The cost of the free meal a week for a year for Ramona was: a. zero. b. $260. c. The value of whatever she would have done with those 48 hours. d. The cost is impossible to determine. 4) If the supply curve for a product shifts to the right, which of the following could have caused this shift? a. A rise in wage costs. b. A rise in price of the product. c. An expectation that price will rise in the future. d. An improvement
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IGCSE Economics Sample Assessment Materials (SAMs) Edexcel IGCSE in Economics (4EC0) First examination 2011 Edexcel, a Pearson company, is the UK’s largest awarding body, offering academic and vocational qualifications and testing to more than 25,000 schools, colleges, employers and other places of learning in the UK and in over 100 countries worldwide. Qualifications include GCSE, AS and A Level, NVQ and our BTEC suite of vocational qualifications from entry level to BTEC Higher National
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Definition of 'Hot Money'1. Money that flows regularly between financial markets as investors attempt to ensure they get the highest short-term interest rates possible. Hot money will flow from low interest rate yielding countries into higher interest rates countries by investors looking to make the highest return. These financial transfers could affect the exchange rate if the sum is high enough and can therefore impact the balance of payments. 2. Stolen money that is marked so as as to be traceable
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so does the other 4. Substitutes (chicken & beef) 5. Independent goods 5. Change in consumers’ expectations 6. Future prices 7. Future incomes (consumer confidence) Supply: Sellers direct relationship btw price and quantity Supply Shifters 1. Change in resource prices 2. Change in technology 3. Change in the total # of sellers 4. Change in taxes and subsidies 5. Change in prices of other goods 6. Change
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Economics and Global Business Communications Name Course Instructor Date Competency 309.1.1: Marginal Analysis A.1. Profit maximization is the desire and target of all trading companies that operate in various industries, in different markets (Taylor & Weerapana, 2012). They must first of all produce products for sale to achieve the same. This production results into various financial costs that have to be overcome with the revenue from the
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Technical Report on achieving water neutrality in the Severn Trent region Abstract The concept of water neutrality is a rather new but significant concept for water demand management. It is an ambitious concept which targets to make sure that there is enough water to support any development without requiring additional water resources. There are two main reasons because of which the water neutrality becomes an important concept which include the policy of government which aims at a quicker growth
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Analysis of Regression Results: Low-Calorie Microwavable Food Company Name Course Tutor’s Name Date Analysis of Regression Results: Low-Calorie Microwavable Food Company An organization engages with a primary aim of achieving better and improved results from operations on a daily basis in many activities. The market is one place in which the organization can realize either success or failure depending on how it carries its activities (Slack & Lewis, 2003). The previously
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What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of five years of the opportunity cost of using funds is 8 percent? 998,177.51 Question 8 page 28 Jaynet spends $30,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm- one offer was for $110,000 per year, and the other was for $80,000. However, she turned both jobs down to continue a painting career. If Jaynet sells 25 paintings
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The flexibility of labour markets and the elite-orientated education of liberal market economies in the UK and the US result in higher degrees of inequality compared to coordinated market economies. Discuss. Student ID: 0956592 Word count (excluding references): 2492 This paper will discuss and analyze whether the flexibility of labour markets and the elite orientated education in liberal market economies, found in the UK and the US are the only reasons for higher degrees of inequality
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Tutorial Test S1 2014 MACROECONOMICS 1 ECON 1102 School of Economics Australian School of Business Name:_____________________________________________________________________ Student number:_____________________________________________________________ Tutorial day/time:____________________________________________________________ Tutor’s name:_______________________________________________________________ 1. You must provide student ID before you begin the test. 2. You will have 30 minutes to answer
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