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Document an example of how you explored diversity with children, recognising its contribution to inclusiveness in Australian society with children. In your journal, include your discussions with children that relate to similarities and differences with a child/children, including how we interact or work cooperatively with each other, and how we can learn to live together.
In a perfectly competitive market suppose that a competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Assume that the market price of the product is $9:
Calculate and interpret price and income elasticity of demand, and explain why the price elasticity of demand tends to increase in the long run.
The college bookstore has put pads of engineering computation paper on sale at half price. What is the minimum and maximum number of pads you might buy during.
Use the supply and demand analysis to show how the limit on the amount of reimbursement is not the only effective way to decrease expenditures for health care if health care providers succeed in increasing the demand.
Keynesian Economics: Suppose the following about the economy of the United States: Government spending = 660, planned investment (Ip) = 215, autonomous consumption is 200, net exports is 100 and taxes are 100. In addition, for each additional $1 o..
Discuss the cyclical behaviour of the budget deficit in South Africa and provide an explanation for this behaviour. (half a page with references)
Sam arrived on campus at the beginning of the academic year with $480 to spend on textbooks and CDs. The price of a textbook is uniformly $80 and the price of a CD is always $20. Her parents made a deal with her - after Sam spends $240 of her own ..
The Average Rate of Change function describes the average rate at which one quantity is changing with respect to something else changing. Give an example of an everyday average rate of change calculations. Discuss how knowing this information help..
HI5003 Economics for Business. Discuss unemployment rate, types, issues, and government policy of Australia and comment unemployment in various states
What is an example of perfectly elastic demand? What does this mean?
Describe at least four key points of a relevant economic article from either the Library or a newspaper. The article must deal with any course concepts covered.
The annual fixed cost for an inspecting and profiling web controller manufacturing company is $44,000 and variable cost is $38/unit. If selling price per unit is p = 495 -.05x, what is the company’s range of profitability demand? What is the optimum ..
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