Umich Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Umich? On this page you'll find 93 study documents about Umich.
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Econ 101 umich Exam 1 Questions & Answers 2023/2024
- Exam (elaborations) • 7 pages • 2023
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Econ 101 umich Exam 1 Questions & Answers 2023/2024 
 
 
Positive Economics - ANSWER-What is 
 
Normative Economics - ANSWER-What ought to be 
 
4 Keys of Good Decision-Making - ANSWER-1) Cost-benefit 
2) Opportunity cost 
3) Marginal principle 
4) Connectedness principle 
 
Cost-benefit - ANSWER-evaluate full set of cost and benefits, then pursue benefit that is at least as large as the cost 
 
Consumer Surplus - ANSWER-difference between willingness to pay and the price 
 
Producer Surplus - A...
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Anthropology 101 - Umich (Chivens) Exam 1 2023/2024 already passed
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Anthropology 101 - Umich (Chivens) Exam 1 
four fields of anthropology - correct answer cultural, linguistic, biological, archaeology 
 
Ethnocentrism - correct answer belief of superiority of one's own culture, judge other's 
 
Familiarizing Strategies - correct answer making the strange familiar; learning unfamiliar categories on their own terms 
learn how to approach lifestyles different from our own 
 
Defamiliarizing Strategies - correct answer Making the familiar strange, unsettling what...
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Chem 130 Exam 1 Umich Questions & Answers 2023/2024
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Chem 130 Exam 1 Umich Questions & Answers 2023/2024 
 
 
law of conservation of mass - ANSWER-total mass of materials is not affected by a chemical change; mass cannot be created or destroyed 
 
natural law - ANSWER-summary of measurable behavior (what happens) 
 
theory - ANSWER-explanation of a natural phenomenon based on many observations and investigations over time 
 
law of definite proportions - ANSWER-a given compound always contains exactly the same proportion of elements by mass 
 
who...
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Psych 290 Exam 1 umich with Guaranteed Correct Answers
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definitions of personality presented in lecture and textbook - correct answer textbook: patterns of though. emotion, and behavior with psych mechanisms behind those patterns 
lecture: consistency in peoples thoughts feelings and behavior over time and across situations 
 
psychological triad - correct answer feel, think, behave (overlapping conflict) 
 
basic approach - correct answer limits what one looks at, paradigm, personality psych is organized around several different basic approaches 
 
...
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Econ 101 Umich Exam 1 Questions & Answers 2023/2024
- Exam (elaborations) • 4 pages • 2023
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Econ 101 Umich Exam 1 Questions & Answers 2023/2024 
 
 
Economics - ANSWER-the study of the allocation of limited resources across unlimited wants 
 
cost-benefit analysis - ANSWER-the method of trying to make the best possible choice 
 
Markets - ANSWER-a forum for exchanges 
 
utility maximization - ANSWER-people making themselves as well off as possible 
 
profit maximization - ANSWER-firms making their owners as well off as possible 
 
Models - ANSWER-simplifications to understand complex s...
Too much month left at the end of the money?
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Econ 101 Umich Exam 2 Caldwell Questions & Answers 2023/2024
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Econ 101 Umich Exam 2 Caldwell Questions & Answers 2023/2024 
 
 
comparative advantage - ANSWER-when one producer can produce a good at a lower opportunity cost than another producer 
-reason for specialization 
 
absolute advantage - ANSWER-when one producer can produce more of a good than another producer in a certain period of time 
 
Production Possibility Frontier - ANSWER-represents the possible combinations of goods that an economy can produce in a certain period of time 
 
specilaizatio...
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Econ 101 Umich Exam 2 Caldwell Questions & Answers 2023/2024
- Exam (elaborations) • 4 pages • 2023
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Econ 101 Umich Exam 2 Caldwell Questions & Answers 2023/2024 
 
 
comparative advantage - ANSWER-when one producer can produce a good at a lower opportunity cost than another producer 
-reason for specialization 
 
absolute advantage - ANSWER-when one producer can produce more of a good than another producer in a certain period of time 
 
Production Possibility Frontier - ANSWER-represents the possible combinations of goods that an economy can produce in a certain period of time 
 
specilaizatio...
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Umich PharmSci 200 Exam 1 Review Questions & Answers 2023/2024
- Exam (elaborations) • 5 pages • 2023
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Umich PharmSci 200 Exam 1 Review Questions & Answers 2023/2024 
 
 
Unmet medical need - ANSWER-conditions where exist no satisfactory method of diagnosis, prevention, or treatment authorized in the community 
 
Roughly how long and how much takes to make a drug product - ANSWER-20+ years and over 1 billion dollars 
 
Factors affecting how to choose disease to develop drug - ANSWER-1. academia: personal interest and funding 
2. pharm industry: corporate strategy, resources 
3. disease affecting ...
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Psych 111 UMICH Exam #1 Study Guide
- Exam (elaborations) • 21 pages • 2023
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This study guide covers the content of University of Michigan's Psych 111 Exam #1. Complete with in-depth answers and images to aid in understanding.
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Umich EAS 360 Exam 1 Questions & Answers 2023/2024
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Umich EAS 360 Exam 1 Questions & Answers 2023/2024 
 
 
Pre-Familiarization - ANSWER-Becoming aware of the current biological, ecological, geological situation and preparing ones self for the inevitable adaptation of behavior 
 
Prospection - ANSWER-looking ahead to the future to set goals and desires 
 
The Reasonable Person Model and its components - ANSWER-1. Model Building: to facilitate understanding and guide exploration -- important that these happen for the individual and not groups as e...
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