The term least-cost solution does not describe one specific principle in economics. Least-cost solution covers a wide diversity of economical topics that help form an ultimate solution. The term can be introduced in the context of a firms aim and objectives e.g. "profit maximization". In many cases firms may have other objectives such as providing quality to customers and thus may adopt techniques such as total quality management (TQM). Organizations such as Banks often prefer to focus on providing
Free Economics Economics of production Costs
John Smith The Gods Must Be Crazy This film was a mash up of three separate stories – the journey of a Bushman to the “end of the world‚” the romance between a researcher and a school teacher‚ and a group of revolutionaries fleeing persecution. The story begins with Xi and his tribe of Bushman members living well in the Kalahari Desert. These unique sets of individuals only wear a piece of cloth over their lower bodies and occasionally have a headpiece as well. They are happy since the gods
Premium Culture Teacher School
Hormones can react to increase blood pressure when it becomes low‚ the sympathetic division of the autonomic nervous system uses several ways to temporarily increase blood pressure when it has dropped for example during the fight or flight response. During the response‚ the sympathetic division is needed to stimulate the adrenal glands to release the hormones epinephrine and norepineprine which stimulate the heart to beat faster and for blood to flow more forcefully‚ this effect makes most of the
Premium Blood pressure Blood Cardiovascular system
GMO WHITE PAPER March 2012 What Goes Up Must Come Down! James Montier A Little Detour into My Murky Past Nearly a quarter of a century ago‚ I was a young‚ naïve‚ and foolish believer in an economic concept known as rational expectations – an elegant‚ mathematically beautiful theory with no practical use. In Star Wars parlance‚ I had effectively been seduced by the dark side. Thankfully‚ several of my university lecturers were determined to save me from this terrible fate. They insisted on teaching
Premium Tax Balance of trade Economics
The purpose of this lab was to observe the rate of osmosis and diffusion‚ as well as the effect of molecular size of the particles on this rate. Part I of the lab was a demonstration of osmosis and diffusion‚ that dealt with raisins in different liquid environments‚ each with a different concentration of sugar. Part IV of the lab was using the same idea as the demonstration‚ by putting objects in different concentrations of a substance; in this case elodea leaves in salt water. In both cases‚ the
Premium Chemistry Water Concentration
Peer pressure is not bad thing. We all are influenced by our peers‚ both negatively and positively. It helps define who we are and how we feel about subjects in our lives. It is how we chose to react to peer pressure that defines who we are as an individual. Are we a leader or a follower? Both types of people are needed to make the world go around. ’A healthy part of every child’s development is involvement with their peers. This is especially true during adolescence as teenagers develop a sense
Free Adolescence Peer group Peer pressure
1. Diffusion and Osmosis‚ June 4‚ 2013 2. Purpose: The purpose of this lab is to help give visual understanding of diffusion which is a solution of high concentration spontaneously (no energy required) moving to an area of low concentration. Also taking a look at osmosis‚ which is the movement of chemicals across the cell membrane. Osmosis requires some type of energy to be put in for this to happen. After these experiments we should have a better idea and visualization of how chemicals transfer
Premium Starch Carbohydrate Concentration
diff‚ is the difference in the oxygen content of the blood between the arterial blood and the venous blood. It is an indication of how much oxygen is removed from the blood in
Premium Muscle Exercise physiology Heart
Diffusion and Osmosis Lab Introduction • What molecules can pass through a semi-permeable membrane? In this lab study we tested carbohydrates such as starch and glucose‚ as well as solutions like Benedict’s and Lugol’s to see if they would cross the membrane of a cell but since we can’t actually see that happen we used dialysis tubing (acts as the cell membrane). • My prediction was that glucose and Benedict’s could pass the semi-permeable membrane but starch and Lugol’s wouldn’t be able to
Premium Cell membrane Cell Osmosis
DETERMINATION OF THE WATER POTENTIAL OF POTATO TUBER CELLS. Method. Five sucrose solutions with varying molarity and one control containing distilled water were prepared and poured into test tubes. The potato discs were dried‚ weighed and added to the test tubes. The discs were then weighed again after a period of 24 hours. The percentage change in mass was then calculated. Apparatus.  Specimen tubes with stoppers x6  1cm3 diameter cork borer  razor
Premium Osmosis Concentration Solution