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Question 1:
? deduce the causal factors behind technological developments in different cultures and during different periods of human history
? assess the basis of common criticisms of modern technology.
Using clear arguments supported by technological examples, explain whether or not you agree with the statement below, and why you have selected your position.
"Technological advances have improved living standards for many people but have exacted a high price from the physical environment."
Question 2
? apply the principles of environmental impact assessment.
Discuss and evaluate the process that you would use to assess the environmental impact of the development of a new suburban residential development in an environmentally sensitive area.
Cost in the Long Run Cost minimization with the Varying Output Levels -A firm's expansion path shows minimum cost combinations of labor and capital at each level of output.
Allocation Function The shifting or reallocation of production property into or out of markets based on shifts in prices for the products or services produced in that market.
critically evaluate the two main utility theories
Qustions: You are the sales manager at SoftSystem, a dominant firm that produces operating system. The new operating system, Doors XR, has been newly developed. Its demand is e
How is microeconomics differed from macroeconomics? Microeconomics focuses onto how decisions are made through individuals and firms and the effects of those decisions. For exa
Fiscal Policy Fiscal policy refers to the management of government spending and tax policies to influence total desired spending so as to achieve the desired level of economic
Factors that determine the volume of side of production
when price falls
Determine the Profit-Maximizing Price If a firm targets a 25 % rate of return on sales, and has unit costs of production of $100, what price should it charge if it uses cost-p
Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma
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