sufficient quantity. So people can benefit from public good without pay‚ so if asked how much they were willing to pay the answer is likely to be nothing‚ or a very low amount. This free-rider problem means it is not possible for the private market to function effectively. (c) Which of the following are‚ or are not examples of public goods (or services)? Please explain your reason. (1 mark each which includes ½ marks for each reason). (i) The Judicial system Yes/No
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The functions of philosophy are the uses of the subject to us as individuals and as members of a society. Some contemporary thinkers called the Analytic philosophers see philosophy as a study that essentially simplifies and analyses issues and statements pertaining to other subjects in order to enable us understand them better. The functions of philosophy are explained as follows: 1.Analytical Function This has to do with the analysis and clarification of ideas‚ issues‚ and statements to
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Question 1 a) S2 S2 S1 S1 Q1 Q2 (unit) Q1 Q2 (unit) In this case a computer chip needed to produce a computer‚ as both are complementary goods. in which ‚ complementary is goods that can complement the function of the other goods. To produce more computers to be able to offer to the public‚ computer chips have to be increased. This happens because they are complements that if prices rise‚ the computer chip would automatically affect the price of the computer. Assuming that
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Roles and Functions Nicole Melton Roles and Functions Health care managers‚ also known as health services managers and health administrators‚ direct the operation of hospitals‚ health systems and other types of organizations. They have responsibility for facilities‚ services‚ programs‚ staff‚ budgets‚ relations with other organizations and other management functions‚ depending on the type and size of the organization. (“Health Administrator”‚ 2012). The four major functions of management in a
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Function of Liver * The liver is a part of the digestive system‚ but it does much more than simply process food intake. It is responsible for producing substances that will break down fats and lipids‚ making foods more digestible. vIt also produces several amino acids‚ which are essential to protein production‚ without which a body could not function. The liver produces much of the cholesterol in a body‚ whether healthy or unhealthy. Aside from the liver’s production abilities‚ it also acts as
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Management Functions Contents Page Introduction 1 Forecasting 2 Planning 3 Organisation 4 Control 5 Co-ordination 6 Communication 7 Motivation 8 Conclusion 9 References 10 Introduction Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer‚ later moving into research geology for Comambault. The company was struggling however‚ Fayol
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The function of teachers: 1. Teachers’ primary responsibilities involve providing direct instruction to students‚ which include literacy and numeracy‚ craftsmanship or vocational training‚ the arts‚ religion‚ civics‚ community roles‚ or life skills‚ all of these are to help students learn specific subject matter while they develop as mature‚ capable and responsible young adults. 2. Teachers need to impart knowledge of their subject matter to students. This goes beyond simply stating the knowledge
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Sales Manager as it applies to the client at hand. 6. Responsible for the appropriate and timely set up of all functions and meetings while maintaining standards of food‚ beverage and meeting specifications. 7. Communicate all daily activities‚ in person or by log‚ to the other banquet personnel (set up) to ensure smooth transition and follow-up from one function to another. 8. Develop and maintain all policies‚ procedures and quality standards within the department‚ utilizing
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Supply‚ Demand‚ and Price Elasticity Team A Julisa Dincol ECO/212 September 26‚ 2011 Osvaldo Miranda Supply‚ Demand‚ and Price Elasticity The very basis for economic stability is supply and demand. Variations in supply and demand influence a society’s excellence. As supply and demand alters‚ so does the cost and amounts of commodities. These variations in volume and price affect market stability. Factors that help influence the market equilibrium are
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Authority Act 1991 (Ch 196) CHAPTER 196 THE UGANDA REVENUE AUTHORITY ACT. Arrangement of Sections. Section PART I—INTERPRETATION. Interpretation. PART II—ESTABLISHMENT‚ POWERS AND FUNCTIONS OF THE AUTHORITY. Establishment of the authority. Functions of the authority. PART III—THE BOARD OF DIRECTORS AND ITS FUNCTIONS. Board of directors. Qualifications for appointment. Tenure of office. Minister’s power to suspend or terminate appointment. Meetings of the board. PART IV—COMMISSIONER GENERAL
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