Producer Surplus ARSC 1432 Microeconomics Co-Seminar SPRING 2009 Consumer Surplus = CS = the difference between what consumers are willing to pay and what they actually pay for a good or service. Producer Surplus = PS = the difference between what producers are willing to accept for their produce and what they actually receive for a good or service. Social Surplus = SS = CS + PS [pic] To calculate CS or PS‚ use the formula for area of a triangle: (½)(base)(height) Example 1: [pic]
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4. Discussion It is suggested that electrospun PLA/CS/Wax scaffold as a suitable substrate for neural tissue engineering. It can provide a biocompatibility environment similar to ECM that supports cells growth‚ adherence‚ and differentiation and it can be simply patterned. In this study‚ the growth‚ viability‚ and differentiation of mESCs was examined on PLA/CS/Wax scaffold. Because of pluripotency and individual properties of mESCs‚ they can be considered as a potential promise for cell replacement
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Outline for 1996 DBQ 1. Opening paragraph: In 1860 through 1877 was a time of change and social development as the United States of America was freshly out of the civil war. -Fluff‚ facts‚ when the civil war started ended. -Thesis the ways in which the social change mounted to form a revolution would involve (List the documents main reasons) (Doc. C‚ D‚ E‚ F‚ G‚ I) 2. Body paragraphs: 1. Condone what the information says in documents C/D on how the black man can be trusted with a gun
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1. Assess the demand and supply of the capesize dry bulk industry. What do you expect to happen to demand relative to supply over the next four or five years? Please thoroughly explain and justify. What do you expect to happen to prices over both the short-run and the long-run? According to Ocean Carriers‚ supply and demand of capesizes determined daily hire rates. The demand and supply of capesizes was largely determined by the amount of shipping capacity needed in areas around the world.
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Describe how you would drill the past tense or another grammar point with a repetition drill. A repetition drill The teacher get the students to repeat the form in response to a given stimulus‚ quite often a gesture or facial expression. Start the exercise and introduce the form using the ‘back – chaining method’. The phrase is modeled‚ starting at the end and working your way forward e.g. ‘yesterday’ / ‘to town yesterday’ / ‘I went to town yesterday’. Students repeat each respective ‘chunk’
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BEJEE E. GILLE 3BSECE-1 1. How could the planning process be followed to create a plan for continuous improvements in Lands End’s online costumer service? - By gathering information‚ settings a mission and goals‚ devise strategies‚ implement plan‚ monitor performance‚ and lastly evaluate plan. Those are the planning process to be followed to create a plan for improvements in their online costumer service. 2. If you were hired by Lands’ End to help benchmark its costumer service performance‚ which
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The marketing mix in marketing strategy: Product‚ Price‚ Place and Promotion The marketing mix is the set of controllable‚ tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution. The four Ps of marketing: product‚ price‚ place and promotion. The marketing mix can be divided into four groups of variables commonly
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The Arts play a large role in the expression of inner thoughts and beauty in my life. From dance and music to abstract art our concept of life is shown through the various ways in which we interpret it. We use the Arts as a means of touching that part of us that we cannot reach with Physical Science‚ Social Science‚ or any of the Humanities. The arts allow us to be as specific or as abstract as we please. It helps us become closer to ourselves and to others around us. Though there has been a lot
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Was the lunchtime initiative in 1999 during the Kosovo crisis‚ a sign for this vast multinational to serve the challenges of diversity internally and externally? The lunchtime initiative during the Kosovo crisis in 1999 was a great opportunity for Microsoft to change both internally and externally. In 1999‚ Microsoft’s share price dropped after Anti-trust law suits and a reputation of being a company that destroys small businesses with monopolistic policies. At that time Microsoft had a Community
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Quinton Courteau MGT 331-05 Prof Crampton 1. If one was to apply the hierarchy of needs theory‚ the best thing to do would be to focus on the needs of the employees and give them benefits in order to reward the amount of hours that they work. This system would encourage workers to put in more hours and due to this better work ethic difference percentages would decrease. When it comes to the ERG theory the manager took away the workers existence needs by increasing the work load for the same amount
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