Economics has long been known as an unpleasant science. But is any economist so dull as to criticize Christmas? At first glance the holiday season in western economies seems a treat for those who are concerned with such things as GDP growth. After all everyone is spending; in America sellers...
A) some people are poor and others are rich B) something is being wasted C) we are unable to satisfy all our wants D) long lines form at gas stations Answer: C Topic: MyEconLab Questions Skill: Conceptual Status: Previous edition, Chapter 1 AACSB: Reflective Thinking 47) Microeconomics is...
To make asound business case for cloud economics (PDF), organizations should consider the following questions: What are our existing data center costs?To get started, organizations must evaluate their existing data center hardware, software, maintenance, and operational spend. Technical resources, licen...
He may reformulate new energy generation around recapturing wasted energy in the fracking business, expanding geothermal and natural gas use, promoting new nuclear energy technology, but will this address the underlying negative impact to the biosphere in our over all use and ine...
14、d countries because there are few productive resources in these countries.C) only in economic systems that are just beginning to develop because specialized resources are scarce.D) to all economic systems, regardless of their level of development.Answer: DTopic: ScarcitySkill: ConceptualStatus:...
AI-driven inventory management systems can analyze reams of data in real time to help determine optimal stock levels, help ensure inventory numbers are accurate, and efficiently allocate resources based on current orders and demand forecasts. They can also make recommendations to help managers make mo...
Kenya and Ethiopia was about the ways in which donors were ‘siloed’ into concerns about their own programmes; or, in Ethiopia and Kenya about their tendency and ability to collect vast amounts of data without sharing it, leading to duplication of efforts and wasted resources and missed opport...
Next the interest rate has gone up.Last Wednesday, Treasury Bill rate was 33%.They are considered in economics as the most stable deposits.If you go to a bank to get an OT, the interest is 35% or 36%.Banks have stopped giving loans.Bank of Ceylon branch at Badulla owes money to the...
Artificial intelligence.AI-driven inventory management systems can analyze reams of data in real time to help determine optimal stock levels, help ensure inventory numbers are accurate, and efficiently allocate resources based on current orders and demand forecasts. They can also make recommendations to...
effort, or energy. Being efficient means you can achieve your results by putting the resources you have in the best way possible. Put simply, something is efficient if nothing is wasted and all processes are optimized. This includes the use of money,human capital, production equipment...