Minimisation

2.8. Production With One Variable Input (Labour) And Law Of Diminishing Marginal Returns This is the situation were capital is fixed and labour is variable, and only way to increase the output is by increasing the output. amt of labour(L) capital(K) total output(q) avg product(q/L) marginal product(dq/dL) 0 20000 0 0 0 1 20000 30 30 30 2 20000 50 25 20 3 20000 80 26.66666667 30 4 20000 100 25 20 5 20000 115 23 15 6 20000 120 20 5 7 20000 112 16 -8 8 20000 100 12.5 -12 9 20000 90…

Review, school resource, page 14). A Responsible Service of Alcohol Certificate is needed for any person wanting a job serving or selling alcoholic beverages within Australia. The primary aim of the Legislation and regulation in Queensland is harm minimisation. It ensures alcohol is sold by responsible people in a responsible manner to minimise and/or avoid its possible harmful effects (RSA-Course-Notes-March-2013). A beverage attendant has many legal responsibilities when it comes to the…

Australians generally have good health. But Aboriginal peoples and Torres Strait Islanders who are economically disadvantaged suffer poor health compared with the rest of the population in Australia. In consideration with this issue, this essay will be discussing the social determinants of health in relation to Alcohol and drug. There is sufficient evidence that some Australian Indigenous communities face major problems associated with the misuse of alcohol and other drugs. The National Health…

of energy balances of hot and cold streams. In that case, both types of heat transfer models will have the same design, which means that the vertical heat transfer model is the optimal solution for the minimisation of total annualised cost. Moreover, the most contribution comes from the minimisation of utilities, taking into consideration that heat transfer was allowed across the…

Ethical behaviour is defined by principle centred relationships that are morally good and healthy for consumers, suppliers, employees of and communities surrounding a business. Ethical behaviour also supports sustainable situations a business profits from such as farming and treatment of animals and the environment. If companies do not publish a CSR report they often have a Code of Ethics stating principles of good practice relating to all their activities. The below model by Fisher and…

I believe that when there is salt in the water it will lower the freezing point. Variables: The independent variable is the amount of salt in the water and the dependent variable is the amount of water. Risk assessment: Risk Nature of risk Minimisation strategies Slam fingers in freezer Broken finger Be carful and close the freezer slowly. Glass measuring cup Cuts from broken glass Wear covered shoes and handle with care. Materials: 4 cups, water, table salt, measuring cup, a freezer,…

BASF (Badische Anilin und Soda Fabrik) Sustainable development is a shared aspiration of humankind. From a company’s point of view just fulfilling corporate social responsibility to achieve economic, environmental and social sustainability, is not sufficient, sustainable development is an inevitable part. BASF SE is the largest chemical producer in the world and has it‘s headquarter in Germany. The BASF Group comprises of subsidiaries and joint ventures in more than 80 countries and is…

The increase number of unimmunised children has resulted in market failure. In return, this has forced the government to propose a new immunisation. This report will outline immunisation rates as well as the current and proposed policies. It will also look at positive externalities and form a critical analysis on the proposed and suggested policies. Australia is facing an increase in the number of children going unimmunised. According to the Department of Health, over the last 16 years the…

Cancer is a process that has always effected animals, it is just as common in domestic and farm animals, birds and fishes as it is in humans. Western scientific medicine has been effective in minimising infectious diseases. Many of us are living longer and cancer has almost been accepted as a normal feature of the ageing process. But statistics do not bear this out. The incidence of cancer is increasing in all age groups. Because cancer cells take some time to grow to a stage where they are a…

Adams Hayes and Hopson devised a model where they describe the stages in which a person goes through in a period of transition and describes the behaviours associated. There are 7 stages of transition. These stages are immobilisation, minimisation, depression, acceptance, testing, searching and internalising. According to Adams Hayes and Hopson Loss is also a transition and is more commonly associated with the death of a loved one but a loss can also mean illness, disability or separation.…