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Using two graphs, illustrate how a positive technological change in the market for notebook computers could eliminate short-run economic profit for a firm in that market.On the first graph, use a supply and demand graph to illustrate the positive technological change.On the second graph, use demand, ATC, MC, and MR curves to illustrate the elimination of economic profit resulting from the positive technological change.Explain what is taking place in each graph.
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The systematic evaluation of an employee’s job performance, strengths, and areas for development, usually conducted through observation and comparison against established criteria.
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The main or foremost aim or purpose behind an action or decision.
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The introduction and adaptation process for new members in an organization, or the directional focus and adjustments in strategic planning.
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