Economics Questionnaire - 989 Words

1. A legal maximum on the price at which a good can be sold is called a? price ceiling. 2. Which of the following is likely to have the most price elastic demand? Breakfast cereal, corn flakes 3. A reduction in a country s barriers to trade? benefits some citizens of the importing country but does not benefit the domestic producers in the importing country. 4. The amount of a good that buyers are willing and able to purchase is quantity demanded. 5. Suppose a market in which demand is more elastic than supply. The incidence of a tax will? fall more heavily on sellers than buyers. 6. Suppose there is a frost that destroys much of the strawberry crop and the price of blueberries, a substitute for strawberries, increases. What would we†¦show more content†¦26. If price elasticity of demand is less than one? increasing the price of the product will increase total revenue. 27. Sue can produce 4 dozen cookies or 2 dozen cupcakes in one hour. David can produce 6 dozen cookies or 4 dozen cupcakes in one hour. A producer that requires fewer resources to produce a good is said to have? a comparative advantage, a straight line production possibilities frontier 28. A tax levied on buyers has the same effect on the price the buyer pays as an equal magnitude tax levied on sellers. TRUE 29. A price floor set below the market equilibrium price? is a non-binding price floor. 30. One producer can have the comparative advantage in both products, but cannot have the absolute advantage in both products? FALSE 31. When the minimum wage is set above the equilibrium wage it is a binding price floor that results in a surplus of labor 32. A decrease in quantity supplied is shown as a movement from? point B to point A 33. Imports are goods? produced abroad and sold domestically 34. Goods with a positive cross price elasticity are? substitutes. 35. An increase in supply is shown as a movement from? point A to point B, point B to point A 36. A market with only one seller is called a monopoly market. TRUE 37. If the government were to impose a tax on cigarettes, the tax incidence will likely fall moreShow MoreRelatedUkay-Ukay3603 Words   |  15 PagesIII: Methodology Research Locale 8 Research Design 8 Research Instrument 8 Research Respondents 9 Data Gathering Procedure 9 CHAPTER IV: Research Results 10 CHAPTER V: Summary 14 Conclusion 15 Recommendation 16 Bibliography 17 Appendix Survey Questionnaire 18 Letter to the Respondents 20 ACKNOWLEDGEMENT The researchers would like to express our deepest gratitude to the following that helped us make this research possible: First, to our Almighty Father who gave us wisdom, motivationRead MoreSelf Help Group Of Rural Assam912 Words   |  4 Pagesempowerment is a universal issue. Women empowerment refers to the creation of an environment for women where they can make decisions of their own for their personal benefits as well as for the society. 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Supply Chain Management of Square Pharmaceutical Ltd

THE SUPPLY CHAIN PROCESS OF SQUARE COMPANY of Bangladesh: AN ANALYSIS Mohammad Jamal Uddin * Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said that the ultimate goal of any effective supply chain management system is to reduce inventory and Communication is the transmission of information from one group or individual to another. Business communication is very essential now days to make contacts with people and for trading. Whenever a business wants to make a good business proposal or†¦show more content†¦Increasing numbers of companies are turning to Web sites and Web-based applications as part of the SCM solution. A number of major Web sites offer EProcurement marketplaces where manufacturers can trade and even make auction bids with suppliers. Basic research question of the study is whether Square Company as a whole can manage supply chain properly? Definition Of Communication Or Sharing Information A modern communications system is first concerned with the storing, processing and sometimes storing of information before its transmission. The actual transmission then follows, with further processing and the filtering of noise. (KENNEDY, 1998) Communication must include both the transference and understanding of meaning. (ROBBINS, 2003). Communication is the transmission of information and meaning from one individual group to another. (GUFFY, 2000). Communication means encoding the idea or concept and getting the feedback of how the receiver is decoding the idea or concept. Therefore without feedback no communication will happen or exist. (HUSSAIN, 2005) We said communication is â€Å"how we share any information with others†. So, we can define communication as a transfer of meaningful message to the receiver with the hope to receive a feedback. AN Overview OfShow MoreRelatedOverview of SQUARE pharmaceuticals LTD2777 Words   |  12 Pagesï » ¿ Introduction: Square Pharmaceuticals Ltd. (SPL) has been the trendsetter in Bangladesh Pharmaceutical Market since its inception in 1958. Over the last decade SPL actually rose to a new standard moving beyond manufacturing quality medicines to win mindshare of patients, physicians, shareholders, business partners, and communities where we work and live. Our dedication to addRead MoreThe Supply Chain Department of Square Pharmaceuticals1274 Words   |  6 PagesResource Management (HRM) concept and true functionality have taken their final shape in Bangladesh. 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Belonging and Community Free Essays

What is my current understanding of belonging and community? Well id have to say belonging is a big thing to teens and most people believe you have to dress a certain way or do something to fit into there apparent â€Å"community† but I definitely dont care what others think. Community to me is my friends family and people who mean alot to me. However that isnt the correct meaning, community is a bunch of people living in a certain area. We will write a custom essay sample on Belonging and Community or any similar topic only for you Order Now I like to think my idea of a community is how it should be. How did I come to this understanding of my thinking? Well I dont fully know, its mainly values and thoughts that ive collected and made in my mind while growing older. Many things probably come from my dad hes a great man with alot of good values and he helped shaped who I am today. My mother also taught me alot of good values and also helped shaped who I am. I definitely can’t give all the credit to them I have to give some of it to my friends to they have great ways of thinking and are very great people. Thats not all though alot of these ways of thinking come from me and thoughts I think in my head of how the world should be. What are views of others regarding belonging and community? Many of my peers think belonging means trying to be like someone else and fitting into something they like to think is a community. Why is community important in our society? Well without community what do we actually have? A whole lotta nothing really, without community how would we have friends like we have today? Id say without community were very isolated and us ourselves wouldnt be the people we are today. Do you feel we need to have communites? No, We dont absolutely need communities we can just be zombies wandering in no general life direction. Seriously I think we need communitys cause our friends, family and such they are there when you need them. What happens if you have non of that and are in a bad situation? Well you arent able to stay emotionally stable and lose any sort of ambition or heart you have. You crash and fall and have no one to pick you back up again least thats how I feel. If we didnt belong to a community what would we be missing out on? Id have to say we would be missing out on many different things. We would be missing out on our chances to socialize and not be so isolated. We would be missing out on learning certain morals and life choices. We would miss out on having many different friends who help us go through all the crap teenagers have to go through. I also think without communities alot of people wouldnt have much ambition to try hard I know I wouldnt at least. What kinds of communities do I belong to? I belong to quite a few communities if you go by the definition of others. Communities such as school, area district, working community. Thats not community to me though community to me would be my friends and family. I gotta say my group of friends is one of the most important types of community to me cause we have eachothers backs through thick and thin. Even more important family cause seriously without family where would you be right now? Not here thats for sure. How to cite Belonging and Community, Essay examples