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Question:
Write an essay on The fair work commission organisation.
Answer:
Introduction:
This report deals with the relationship between the pay and performance regarding the business of an organisation. It reflects that how an organisation can be benefitted by the performance of its employees. It also reflects that, providing incentives to the employees can enhance their work performance.It is seen that the employee’s perf...
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Singapore Economics Economic University of Singapore
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5
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Answer to question 1
The difference in a change in quantity demanded of X and a change in demand of X are based on a difference in what causes the.
The reason for a change in quantity demanded of X is a change in own price of X. Assume the demand curve is DD and we are at A. When the price of X rises from P1 to P2, we move from A to B. the new point shows price of P2 that consumers are willing to pay for Q2. This change from Q...
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Australia Campsie Economics BEO1105 Economic Principles Victoria University
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5
Answers:
Question 1
The change in demand for quantity of hats relates with the change in quantity of hat with respect to change in its price (Rubinstein 2012). On the contrary, change in demand for hats refers to variation in demand for hats owing to change in other factors except price. The difference between change in demand for quantity of hats and change in hats demand is illustrated with the help of diagram:
Figure 1: Change in quantity...
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Australia Auburn Economics BEO1105 ECONOMIC PRINCIPLES Victoria University
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3
Question:
Discuss about the Business Economics for Independent Bureaucracy.
Answer:
Australia has a free market economy. It has been showing impressive economic growth in the past 25 years. The country has abundant natural resources as well as efficient governmental system, independent bureaucracy, well developed legal system, all of which led to a strong entrepreneurial development in the economy. The GDP of Australia was...
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Australia Ashwood Economics Economic Performance and Improved Economic Outlook University of Sydney
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9
Answers
Q1. Issue
Whether a contract was formed between Emily and June, which could enable her to claim the house, or not? Whether the claim of Lewis would be upheld with regards to the exchange of title of house for an orchid, or not?
Rule
A document through which a promise is made and which creates lawful association between two or a higher number of parties, and which contains the requisites, is known as a contract. A contract can be for...
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Australia Burwood Economics energy economic University of New South Wales Energy economic
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5
Answer:
Number of Sellers and Buyers
A situation where there is one buyer and many sellers is referred to as buyer’s monopoly. This situation will give the buyer a considerable power to demand concessions and discounts from the sellers because the seller will have no other alternative rather than selling the product to the buyer. Usually, the buyer’s monopoly is undesirable (Tehrani, Uysal & Yanikomeroglu, 2014). A weight loss...
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Australia Cambelltown Economics ECON6001 Economic Principles University of New South Wales
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7
Question:
Discuss about the Communication in a Workplace for Openly and Professionally.
Answer:
Introduction.
An ideal workplace is characterized by great communication among workmates. In such an environment, employees communicate freely, openly and professionally. Interpersonal communication explains how well a person communicates with his/her colleagues (Eisenberg et al 2009). However poor communication exists in many organi...
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Australia Melbourne Management Economic University of Melbourne
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15
Question:
Write an essay onTourism and Economy of Australia.
Answer:
Tourism has a great impact on the economy of every country. If the tourism industry of any country will become strong, the economy of that country will grow. The international tourists impact on the GDP of the country, enhancing employment in the country and helps in growing the economy of the country. The international tourists spent a lot of amount which overall h...
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Australia Melbourne Management Economic University of Melbourne management
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8
Question:
Discuss about the Report for Business Economics of Apply Model Economics.
Answer:
1) Economic models apply economic theory to explain and forecast parametric changes in economic variables over time under certain specific assumption. Hence simplified approximations of the real-life economic situations are represented by economic models. However, economic models are said to be unrealistic. The main reason behind this kind of ...
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Australia Sydney Economics Economic Models University of Sydney
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16
Question:
Discuss about the Asian Regional Development for Sedentary Lifestyles.
Answer:
Introduction
Health is the most important aspect that leads to the economic and social development of a community. The increasing incidence of cardiovascular disease across the globe has been a consequence of increased life expectancy, changes in diet, sedentary lifestyles and availability of nutrition dense diets. While the focus of the d...
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Australia Flinders Economics Business Economic Progress Flinders University MBA
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12
Question:
Discuss about the Politics for Health Insurance Policy.
Answer:
Historical Development of the Medicare Policy
The Australian health insurance policy is such a health insurance policy that is being funded by the Commonwealth and it allows the Australian population to receive free hospital services from the public hospital (Aihw.gov.au. 2016). The Medicare policy of Australia was first introduced by the Whitlam Labor G...
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Australia Adelaide Economics procurement University of Adelaide Economic Policy
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7
Question:
Discuss about the Oligopoly Market In America Mobile’s Industry.
Answer:
Introduction
Oligopoly is a market structure where only few firms dominate over entire market. When a market distributed or occupied by few firms, it is called highly concentrated. As in oligopoly only few companies control the market but still some small firms operate in market ( Lipsey & Harbury, 2004, pp 340-400). Oligopoly is in ...
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Australia Sydney Economics ECON6001 Economic Principles University ofSydney MBA
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6
Question:
Discuss About The Accounting Standards Regulation Financial?
Answer:
Introducation
The AASB 136 on impairment of assets seeks that the asset of any organization shall not be recorded in the financial statement at the value which is more than the carrying value. As per Para 10 of the standard, the assets whether it is tangible or intangible and the goodwill must be tested for impairment at least once in a year. Further,...
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Australia Earlwood Economics Economic Cashflow University of Queensland MBA
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9
Question:
Describe about the MicroEconomic Solutions.
Answer:
1: Economic Foundations And Market Forces
a) As we see from the data given in the table, Scotland takes less time in producing a motorcycle as well as a guitar than Ireland, i.e., 9 hours to produce 1 motorcycle where Ireland needs 10 hours to do the same. Hence, Scotland is the country that has an absolute advantage in production of motorcycle.
(b) The time taken ...
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Australia Mulgrave Economics ECO10004 Economic Principles Victoria University
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9
Questions:
You are Susan’s assistant and you have been asked to prepare a report that is backed by scholarly literature addressing the following issues regarding approaches to compensation:
a. Typical elements of compensation packages
b. Outline the key assumptions of traditional agency theory and their influence on approaches to compensation
c. Explain the difference between extrinsic and intrinsic motivation and the&n...
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Australia Kogarah Psychology Humanities University of Sydney Economic Psychology
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