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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 7: Demand Curve, Opportunity Cost, Economic Surplus

OC23767253 Page
26 Jul 2018
0
Chapter 7: consumers, producers, and the efficiency of markets. Ea(cid:272)h (cid:271)u(cid:455)er"s (cid:373)a(cid:454)i(cid:373)u(cid:373) is (cid:27
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter chapter 10: Fiat Money, Canadian Imperial Bank Of Commerce, Commodity Money

OC23767252 Page
26 Jul 2018
0
Money has 3 functions in the economy: it is a medium of exchange, a unit of account, and a store of value. A medium of exchange is an item that buyers
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 8: Credit Union, Department Of Finance Canada, Mutual Fund

OC23767253 Page
24 Jul 2018
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The financial system consists of those institutions in the economy tha held to match one perso(cid:374)"s sa(cid:448)i(cid:374)gs (cid:449)ith a(cid:37
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CARLETONSTAT 2507Masoud NasariWinter

STAT 2507 Chapter Notes - Chapter 6: Gdp Deflator, Price Level, Nominal Interest Rate

OC23767252 Page
13 Jul 2018
0
The consumer price index is used to monitor changes in the cost of living over time. When the consumer price index rises, the typical family has to spe
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 5: Gdp Deflator

OC23767253 Page
13 Jul 2018
0
Macroeconomics: the study of the economy as a whole. Gdp measures 2 things at once: the total income of everyone in the economy and the total e(cid:454
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 13: Average Cost, Average Variable Cost, Marginal Cost

OC23767255 Page
8 Jun 2018
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Economists normally assume that the goal of a firm is to maximize profit, and they find that this assumptions works well in most cases. The a(cid:373)o
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CARLETONSTAT 2507Masoud NasariWinter

STAT 2507 Chapter Notes - Chapter 12: Tax Rate, Old Age Security, Tax Incidence

OC23767255 Page
8 Jun 2018
0
Chapter 12- the design of the tax system. Taxes are inevitable because we as citizens expect the government to provide us with various goods and servic
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 11: Canada Day, Abundant Number, Market Failure

OC23767253 Page
6 Jun 2018
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 9: Trade Restriction, Import Quota, Deadweight Loss

OC23767255 Page
29 May 2018
0
When an economy cannot trade in world markets, the price adjusts to balance domestic supply and demand. The price prevailing in world markets is referr
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 7: Demand Curve, Opportunity Cost, Economic Surplus

OC23767253 Page
27 May 2018
0
Chapter 7: consumers, producers, and the efficiency of markets. Ea(cid:272)h (cid:271)u(cid:455)er"s (cid:373)a(cid:454)i(cid:373)u(cid:373) is (cid:27
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 6: Price Ceiling, Tax Incidence, Working Poor

OC23767253 Page
26 May 2018
0
To be concrete, lets suppose that the equilibrium price is dollars per cone. The buyers may be thinking this is too much and some ice cream group migh
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 5: Midpoint Method, Demand Curve, Ice Cream

OC23767252 Page
20 May 2018
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Elasticity is a measure of how much buyers and sellers respond to changes in market conditions. The price elasticity of demand and its determinants. Th
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 4: Demand Curve, Perfect Competition, Takers

OC23767254 Page
19 May 2018
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Chapter 4: the market forces of supply and demand. The terms supply and demand refer to the behaviour of people as they interact with one another in co
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 3: Absolute Advantage, Comparative Advantage, Opportunity Cost

OC23767253 Page
17 May 2018
0
If there are 2 people, and each can only produce 1 thing (different from the other), it is clear that they can benefit from trade so that they can both
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 2: Scientific Method, Normative Economics, Global Affairs Canada

OC23767254 Page
17 May 2018
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Economists devise theories, collect data, and then analyze these data in an attempt to verify or refute their theories. The scientific method: observat
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CARLETONECON 1000Troy JosephSummer

ECON 1000 Chapter Notes - Chapter 1: Opportunity Cost, Invisible Hand, Market Failure

OC23767254 Page
17 May 2018
0
The (cid:449)ord e(cid:272)o(cid:374)o(cid:373)(cid:455) (cid:272)o(cid:373)es fro(cid:373) the greek (cid:449)ord for (cid:862)o(cid:374)e (cid:449)ho
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 9: Consumer Product Safety Act, The Purchase Price, The Seller

OC23767256 Page
3 Apr 2018
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 7: Fiduciary

OC23767253 Page
3 Apr 2018
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Crowd funding issues (box on page 365- only in 6th) Canadian aero service in box on page 376 in 5th and 388 in 6th. Historical context: the supreme cou
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 6: Sole Proprietorship, Sports Agent, Law Of Agency

OC237672510 Page
3 Apr 2018
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Agency is the relationship between 2 persons that permits one person, the agent, to affect the legal relationships of another, known in law as the prin
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 8: Canadian Intellectual Property Office, Bailment, Hay Rake

OC237672510 Page
3 Apr 2018
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See pages 405 to 406 in 5th or 424-426 in 6th (407-419 5th and 427-435 6th are not examinable) There are 2 key aspects or involvement with personal pro
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 27: Negotiable Instrument, Promissory Note, Disclose

OC23767254 Page
3 Apr 2018
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See pages 625-626 in 5th or 638-639 in 6th. The relationship between a business and its bank consists of one bank account into which the business depos
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 26: Security Interest, Secured Creditor, Effective Interest Rate

OC23767254 Page
3 Apr 2018
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 10: Uberrima Fides, Liability Insurance, Property Insurance

OC23767252 Page
3 Apr 2018
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Risk management insurance: risk ma(cid:374)age(cid:373)e(cid:374)t (cid:272)o(cid:374)(cid:272)e(cid:396)(cid:374)s itself (cid:449)ith the ide(cid:374
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CARLETONBUSI 2400Al PilcherWinter

BUSI 2400- Final Exam Guide - Comprehensive Notes for the exam ( 73 pages long!)

OC237672573 Page
29 Mar 2018
0
Measurement leads to data, context allows data to become information and the consequences of action or inaction, based on that information, become know
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CARLETONSTAT 2507Masoud NasariWinter

STAT 2507- Final Exam Guide - Comprehensive Notes for the exam ( 49 pages long!)

OC237672549 Page
28 Mar 2018
0
Statistics is a branch of mathematics that has applications in almost every facet of our daily life. Statistical methods provide powerful tools to coll
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601- Final Exam Guide - Comprehensive Notes for the exam ( 51 pages long!)

OC237672551 Page
28 Mar 2018
0
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 9: Canada Labour Code, Hard Hat, Independent Contractor

OC23767254 Page
14 Mar 2018
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It basically turns on the degree of integration, the degree of control and who owns the tools, and the risks of sustaining a loss or making a profit. T
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 9: Consumer Protection, Caveat Emptor, Incoterms

OC23767253 Page
14 Mar 2018
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 8: Canada Pension Plan, Life Insurance

OC23767253 Page
13 Mar 2018
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Family law and property: co(cid:373)(cid:373)o(cid:374) la(cid:449) spouses ha(cid:448)e (cid:374)o statuto(cid:396)(cid:455) (cid:396)ights i(cid:374)
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 8: Patent Attorney, Bailment, Digital Economy

OC23767255 Page
13 Mar 2018
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Real property refers to land and property affixed to it, for example, a house. The quebec civil code deal with the distinction much the same as the com
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CARLETONSTAT 2507Masoud NasariWinter

STAT 2507 Lecture Notes - Lecture 8: Bias Of An Estimator, Interval Estimation, Point Estimation

OC23767252 Page
12 Mar 2018
0
In the previous chapters we have learned everything we need to understand statistical inference and how it can be applied in practical situations. In t
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 6: Double Taxation, Fiduciary, Canada Revenue Agency

OC23767255 Page
28 Feb 2018
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When one business or individual retains another to represent it, the principal has retained an agent. The age(cid:374)t does (cid:449)o(cid:396)k o(cid
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CARLETONSTAT 2507Masoud NasariWinter

STAT 2507 Lecture Notes - Lecture 6: Exponential Distribution, Probability Distribution, Random Variable

OC23767253 Page
28 Feb 2018
0
Probability distributions for continuous random variables examples: heights weights, . Length of life of a particular product distance travelled on a t
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CARLETONBUSI 2400Al PilcherWinter

BUSI 2400 Lecture Notes - Lecture 6: Competitive Advantage, Information Technology Management, Big Data

OC237672514 Page
25 Feb 2018
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Sustainable competitive advantage occurs when an organisation uses organisation-specific resources to accomplish something its rivals cannot. A: you(ci
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CARLETONBUSI 2400Al PilcherWinter

BUSI 2400 Lecture Notes - Lecture 3: Custom Built (Album), Software House, Microsoft Excel

OC237672521 Page
20 Feb 2018
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In which we consider ict as a product. Process: a series of actions that produce something or that lead to a particular result. Something spurs action
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CARLETONBUSI 2400Al PilcherWinter

BUSI 2400 Lecture Notes - Lecture 5: Requirements Analysis, Iterative And Incremental Development, Functional Requirement

OC237672513 Page
20 Feb 2018
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Prototyping is a half method and takes an intermediate place between the sdlc and the lean methods. Prototyping, as an iterative process, can better pr
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CARLETONBUSI 2400Al PilcherWinter

BUSI 2400- Midterm Exam Guide - Comprehensive Notes for the exam ( 25 pages long!)

OC237672525 Page
16 Feb 2018
0
Measurement leads to data, context allows data to become information and the consequences of action or inaction, based on that information, become know
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 5: Punitive Damages, False Imprisonment, Implied Consent

OC23767256 Page
7 Feb 2018
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Tort is any harm or injury caused by one person to another other than through breach of contract and for which the law provides a remedy. It is one of
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Lecture Notes - Lecture 4: Parol Evidence Rule, Contra Proferentem, Liquidated Damages

OC23767254 Page
7 Feb 2018
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Terms of a contract: express terms are those clearly written out or stated, implied terms are those that can reasonably be drawn from all of the circum
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CARLETONBUSI 2601Sam SchwisbergWinter

BUSI 2601 Chapter Notes - Chapter 3: Business Communication, Fax, Cash Register

OC23767253 Page
6 Feb 2018
0
A contract is a deliberate and complete agreement between 2 or more competent persons, not necessarily in writing, supported by mutual consideration, t
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