Economic cost

THE CASE On a rainy Thursday evening, as Mr. Pramod Kumar, the AGM-Industrial Relations-TATA Motors, was sipping his cup of tea, he had some unexpected visitors. A five-minute meeting with the visitors turned Mr. Kumar’s day on its head. Ramdas Soren, the local MLA of JMM (Jharkhand Mukti Morcha) in 2013 along with Santosh, the leader of the contract labour union in TATA Motors affiliated to JMM threatened to go on an indefinite strike if their demands remained unmet. Considering the seriousness…

Love or Lose the Penny The penny. The coin that honors president Lincoln. The coin that has had its design changed twenty one times. The coin that has been a part of everyday life for over two hundred years. The coin that is thought to be unimportant. What if “find a penny pick it up all day long you’ll have good luck” had no meaning? What if the penny became obsolete and no one ever had the opportunity to say “a penny for your thoughts?”. The battle to get rid of the penny has been an ongoing…

Works Cited Hill, Christopher. “Robinson Crusoe.” History Workshop, no. 10, 1980, pp. 6–24. JSTOR, JSTOR, www.jstor.org/stable/4288310. Accessed 10 March 2018. This journal article written by Christopher Hill and published by the Oxford University Press deliberated the many effects of craftsmanship and religion within Daniel Defoe’s Robinson Crusoe. In my essay I will discuss how both Crusoe’s strong Christian beliefs and his many salvaged possessions were the reason why he was capable of…

8.6 Demand Forecast. The TeServimos estimates a maximum demand of 603,648 drinks during the first year. This is based on the following assumptions: a) The Maximum Clients per year of the store will be 603,648 customers in the first year, 845,107 in the second year and 887,363 in the third year, given the infrastructure of store and the open hours. These were estimated by multiplying the population by 4 weeks by 9 months (duration of classes during the year), just assuming the amount of people…

Using the figures in the table above, the following regression equation was obtained. Y = 0.668 + (-0.016) X1 + (0.185) X2 + (0.224) X3 + (0.118) X4 + (0.270) X5 Interpretation 1. A constant value of 0.668 indicates that if there is no independent variable (Reliability, Responsiveness, Assurance, Empathy, and Tangible), the dependent variable (customer satisfaction) is positive. 2. X1 regression coefficient = -0.016 means that if the service of dimensions X1 has decreased; the level of customer…

To: Staken Farm’s Limited From: Kim Gubbels Subject: Taking on grading tasks Date: December 1989 Recommendation: Take on Grading Tasks Staken Farms Limited was taken over by Robert and David Kennedy. Within the company, an egg grader was purchased, yet it has been idling for years and therefore was consistently losing value. In order for Staken Farms to be the most successful, it is critical for the business to prevent the grader from idling any longer. I recommend that Staken Farm’s Limited put…

FILM REVIEW Economic Analysis of “The Hudsucker Proxy” Course: Economics I Submitted to: Professor S.P. Misra Submitted by: Aishwarya Birla 2015-5LLB-04 1st Year, 1st Semester, B.A. LL.B. (Hons.), NALSAR University of Law. National Academy of Legal Studies and Research University of Law, Hyderabad. TABLE OF CONTENTS 1. Introduction 1 2. Plot Summary 2 3. Economic Concepts 3 3.1 Consumer’s perspective- Demand 3 3.2 Producer’s behaviour- Supply 8 3.3 Market structure-Monopoly 12 3.4…

to hear a foreign competitor will be selling a similar product at a more affordable price, $350, meanwhile it cost them $375 for a complete…

Laser vs InkJet Printers: How do you decided what’s best for you? If you're thinking of buying a printer, either for work or home, then you're probably wondering whether to get an inkjet printer or a laser printer. Your choice of printer will of course depend on what you want to do with the printer, how much printing you do, how many other people will also use the printer, and, of course, how much you can afford to spend for the printer itself and the replacement ink or toner. There are a…

Warren Thatcher’s Build a container Home Unleashes the secrets of Building Container Homes Have you ever considered building a home using a shipping container? Or have you ever weighed the options available to you if you want to build an affordable home in record time? Well, you may want to learn about Warren Thatcher’s Build a container home. Warren Thatcher’s Build a Container Home, is a DIY comprehensive guide for building a container home from scratch. His guide touches on the cheapest and…