Aggregate supply

Critical Reflection of microteaching Lesson Preparation A Comprehension of content The main purpose of this topic is to link it to the water cycle. The students would need to know that the water cycle is dependent on the condensation as well as evaporation of water. Also, due to the anticipation of certain misconceptions, the lesson was conducted in a way, such that, any misconceptions would be surfaced either during questioning or during the experiment. As a result, the teacher would need to…

An Enemy of the People focuses on the issues of morality, truth, and personal conviction. A story based upon the pollution of the water in a small town, is a story that remains relevant and relatable in today’s society. The film and the play where different in many ways. One thing is that in books and screenplays, they have much more detail. Readers get to actually get inside the authors head. With movies, we are watching from an outside point-of-view. We get more feeling, more depth, and we…

Remediation: The mudboils in Tully Valley are caused by artesian pressure. To reduce mudboil sediment discharges from the mudboil depression area to Onondaga Creek, remedial measures were implemented. This includes installing depressurizing wells along Onondaga Creek and around the mudboil depression area to decrease the artesian pressure. Since the majority of mudboils in Tully Valley are located near the Onondaga Creek mudboil passageway and mudboil tributary diversion channel, the…

Derived demand for labor depends on the market value or product price of the good or service (McConnell, Brue, & Flynn, 2011). The demand for labor depends on productivity of the market value of goods produced (McConnell, Brue, & Flynn, 2011). The production of products is done by laborers, or the labor demand, and the derived demand is from the demanded product that is done by the same laborers. The concept helps determine the demand for the labor of specific goods, what is needed, how much is…

Economics Assignment -1- Human Action Describe 1000 words Nature of economics, praxeology and the general theory of human action, consider the use of thought experiments, the theory of value and time factor. Economics is the study of human action and how to manage the limited resources to fulfill unlimited wants of humans. It is also social science that analyses the choice for sharing limited resources. In economy, there are goods and services, production, consumption and so on. In real…

1. INTRODUCTION: In class we have learned about the different market structures that exist in the world. They are basically divided into four types namely • Perfect competition • Monopoly • Monopolistic competition • Oligopoly The most prevalent type of market structure in today’s world are monopolistic and oligopolistic competition and in some cases monopoly. The article that I had chosen takes about the ongoing price war between the e-commerce giants of India; Flipkart and Amazon. I feel…

SWOT Analysis Strengths: • Mr Price as a whole is a very well established and well-known company. • It has been around for many years and this has helped gain a large market share in the market they operate in. • Mr Price offers a wide variety of products and services. • Affordable and trendy fashion clothing with different fashion lines. • Offer variety of clothing, home wear and sportswear. • They have a very strong Corporate Social Responsibility. • Often have discount sales and price…

and is unfit for human use. while whole ocean water is not suitable for human utilization, seas remain a significant asset, since it supplies food, amusement, oil and a transportation method for trade. So the most usable source is rivers and steams and lakes because they are almost pure and contain a little volume of salt. Duo to, groundwater is the best way to supply clean water to the public all around the world, especially rural Africa, and groundwater have the power of being normally…

This section divided in two cases: a first case is an inventory model designed for retailer and second case is an inventory model designed for the supplier. 4.3.1 Case I: Inventory model of the first cycle (0 ≤ t ≤ T) designed for retailer At first, at t=0 retailer has his delivery and put up for sale at a stock dependent demand rate. The stock for retailer decreases due to the combined result of demand and deterioration. At t=t1 inventory becomes zero and shortages occurs during the period [t1,…

Free market economy is based on supply and demand, there is either no government involved or little government if any. Free market economy is also known as the market economy. In a market economy people have an advantage because they have more money. Not everyone agrees with the aspects of a free market economy. Everyone has their own opinion about it, some people think it shows inequality in the economy. Despite the negative opinions, free market economy has helped billions of people all over…