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htmlixzz3tb8IbFdwAuthor: Stephen Cauchi; Sydney Morning Herald June 30, 2015. a. Using demand and supply analysis explain the impact of the change in commodity price on the market for iron ore mine workers. b. Using demand and supply analysis explain the impact of the change in commodity price on the market for rental properties in mining towns. Task 2: Elasticity Q1. Briefly explain the economic concept of elasticity. List the five key determinants of price elasticity of demand and explain how each determinant indicates whether demand tends to be elastic or inelastic. Explain the concepts of cross price elasticity of demand and income elasticity of demand. What do positive and negative values indicate for each of these demand elasticities?Use examples to explain your answer. Q2.


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Q: You also learned later that CDR gave another $75,000 to Gov. Richardson, right?A: Yes. Q: CDR ended up making about a million dollars on this deal for those two checks?A: Yes. Q: In fact, New Mexico not only hired CDR, they hired another firm to do the actual work that they needed done?A: For the fixed income stuff, yes. What we get from this is that CDR paid Bill Richardson $100,000 in contributions and got $1. 5 million in public money in return.



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Recently, as a growing number of fleets such as trucks, buses, taxis, rental cars, patrol cars, and maintenance cars are getting connected for their own purposes, an innovative approach to identifying slippery spots on the road through processing in vehicle sensors is attracting interest worldwide. In this study, a wheel slip based approach to detect road slipperiness is explored. On slippery surfaces, vehicular wheels are prone to skid, which makes wheel rotational and vehicle transitional speeds prominently different from each other. This phenomenon can be discerned by wheel speed and GPS sensors that are available in cars carrying commonly available devices: smartphones, digital tachographs, and on board units for diverse ITS projects. Due to the characteristics of tires made of rubber, some discrepancies of the two speeds essentially arise for vehicles to move and stop. Hence, finding optimal thresholds of the differences in both speeds that separate skidding from non skidding under different vehicle dynamic conditions is a principal concern for this study.



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