Curve

the quantity produced will be lower than the equilibrium price and quantity of the market. The efficient equilibrium for a monopolistic market is where the average revenue equals marginal cost (AR=MC). The MC serves as the supply curve while the AR represents the demand curve. At the point where MR=MC, there is no proper maximisation of the surpluses for both consumers and…

2.5. How and why assessments are used. Ongoing data is collected across all key learning areas (KLA’s) to inform teachers and to allow teacher to make judgements. Assessments are graded/marked by teachers making judgement (Marsh, 2010). Data collected from assessments is also used to inform practice and to assist in the planning of future lessons and report to parents during interviews and on report cards. Assessments and reporting are key components of the curriculum planning process…

“Watching TV Makes You Smarter” is an article that argues the unpopular opinion that watching TV may not be as bad for you as everyone thinks. Steven Johnson believes that depending on the show, TV can actually give your brain a good cognitive workout. He specifically believes that shows such as “24” and “The West Wing” that include complicated plots, make it so the viewer has to use their mind to understand what is happening in the episode. I can agree with this to a certain extent. TV now…

Introduction: Electricity, the base of modern civilization, is produced by electric generators, which are devices converting mechanical energy into electric energy [1-2]. As the need for energy is increasing, while the reserves of fossil fuels are dwindling, renewable energy sources gain importance. The renewable energy can be obtained using solar, geothermal, or wind turbine technologies. Significant research effort has been made in those areas. In recent years, wind energy has become the…

get in vehicles. There are many symptoms of anxiety and mostly I experienced almost like a nerve shocking me when I was scared in a car, or even going around a curve. The anxiety was so bad at first I couldn’t go around a curve; I would avoid it any way I could even if that meant going ten minutes out of my way so I didn’t have to see a curve. Symptoms like that and many other worse symptoms make everyday life very hard for one to…

Q1- " It is not from the benevolence of the butcher, the brewer or the baker, that we expect our dinner......." By using this quote Adam Smith refers to coincidence of interests . Adam smith writes that every individual tries to extract the greatest revenue he can from the society . He only cares about himself and only himself . He does not have an intention to promote the interest of society. However despite intending his own gain ,often he is le b invisible hand to promote the interest of…

of mass diversion are nutritional for the mind (279). Johnson says “I believe the Sleeper Curve is the single most important new force altering the mental development of young people…enhancing our cognitive faculties, not dumbing them down” (279). What Johnson is saying is that the Sleeper Curve only shows how people, by consuming mass media, are becoming more and more intelligent each day. The Sleeper Curve can be easily supported by the fact that the new complex TV shows and dramas know…

these two values is the amount of moles that reacted with Vitamin C. The first day of the experiment (day 0), the concentration of Vitamin C was known, so this value has been added to the calibration curve. As the concentration of Vitamin C of the first day was a known concentration, the calibration curve was only a double check and the calculations where derived of the first day in order to minimalize systematic errors. Results Table 5.0: DATA COLLECTION of the colorimeter values when…

considered dangerous. Some parts of the highway was nicknamed, “Bloody 66”, “Bloody Highway”, or “Death Alley”. One part of Route 66 in Towanda, Illinois was nicknamed, “Dead Man’s Curve”. It has this nickname because it is a very sharp curve that is only 18 feet wide for two-way traffic. Soon as drivers get on this curve they won’t know how sharp the turn is and would go very at a very high speed. Some drivers would lose control and they would either would crash into on coming traffic or lose…

The hard-core of neoclassical economic theory has been criticized, it constructed a protective belt that helped adjusts the main ideas. The protective belt theory includes environmental economics that help keeps the strong core of neoclassical economics. It explains the hard-core of the neoclassical economic research program and protects it from negative heuristic attacks. Environment economic seeks to find how the environmental impacts the economy, which leads to the decisions rational people…