good and less of another Economic decision: any decision when securing something of value means going without something else Economics: study of how people make choices under conditions of scarcity and of the results of those choices for society Cost benefit principal: resolving trade offs based on the idea an action should be only taken when its benefits exceed the cost Opportunity Cost: Is the value of the next best alternative to taking a particular action Economic Surplus is the
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Dr. Kris De Jaegher Extra Material complementing Pindyck and Rubinfeld Chapter 2 Learning Objectives 1. Understand the meaning of demand and supply curves‚ and see how equilibrium is established; 2. Understand the meaning of the slope and intercepts of demand (and supply) curves; 3. Understand the difference between movements along demand and supply curves‚ and shifts of demand and supply curves; 4. Understand the effect of price ceilings and price floors; 5. Understand
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Rectangular Microstrip 6X6 Patch Array Antenna Performance Evaluation based on Permittivity of the Substrate Materials 1 P.Sreyash‚ 1A.Snehitha‚ 1V.Satya Sainadh‚ 1P.L.Madhuri‚ 1Saroj Gautam‚ 2 Mr.B.T.P.Madhav‚ 2Mr.Pranob Kumar Charles‚ 3Dr.Habibullah Khan Department of ECE‚ K L University‚ AP‚ India. : sreyash306@yahoo.com‚ Snehitharao@yahoo.com 1 Project Students‚ 2Asst. Professor‚ 3Assoc. Professor‚ 4Head of the Department Abstract: In the recent years‚ the development in communication systems
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to the CSS Ball is equal to the sum of (i) what he gives up by not using his time to attend the talk by Tim Undercover; and (ii) the cost of the ticket to the CSS Ball. With regard to (i)‚ the net gain to Leo from attending Tim’s talk is $80‚ the value he places on attending the talk (and since he has already bought the ticket to Tim’s talk‚ this does not enter into his calculations of the net gain from attending the talk). With regard to (ii)‚ Leo has been given a ticket to the CSS Ball‚ so this
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Price War between Airasia and Malaysia Airlines The purpose of the analysis is to evaluate the supply and demand of two main air line operators in Malaysia‚ which is Airasia and Malaysia Airlines by determines the price and quantity and change in the market of Airasia and Malaysia Airlines. Airasia is a leading airline company in providing low cost airline services while Malaysia Airlines is more towards providing high quality airline services. In the past time‚ the demand of Malaysia Airlines is
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Lecture 2: OS Structure CSC 469H1F Fall 2006 Angela Demke Brown Week 1 Overview • Motivation: Why talk about structure? • Kernel structures • • • • • Monolithic kernels Open systems Microkernels Kernel Extensions (Tuesday) Virtual Machines (Tuesday) CSC469 Week 1 Motivation • Let’s review what OS provides… • • • • Abstraction layers Protection boundaries Resource allocators Resource schedulers • It’s complicated! • Windows NT ~29 million lines of code (as of 2000) CSC469
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Microfinance Council of the Philippines‚ Inc. Brief History The Microfinance Council of the Philippines‚ Inc. (MCPI) is a network of 41 institutions working towards the rapid development of the microfinance industry in the Philippines. The 41 institutions include 34 practitioners and 7 service providers. While membership among the practitioners is currently dominated by non-government organizations (NGOs)‚ the roster of practitioners also includes microfinance-oriented rural banks‚ one thrift
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EE314: CMOS RF Integrated Circuit Design Introduction to Wireless Communication systems Stanford University Hamid Rategh Hamid Rategh Stanford University EE314 HO#1 1 Course Staff Instructor: Dr. Hamid Rategh Email: hamid@smirc.stanford.edu Office Hours: MW 2:15-3:15PM @ CIS-126; Phone: 725-8313 TA: Mehdi Jahanbakht and Deji Akinwande Email: ta314@smirc.stanford.edu Office Hours @ Packard 106 Sunday 3:00 – 3:30 pm (for SCPD students only) Sunday 3:30 – 5:00 pm Thursday 5:00 –
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1.Briefly describe the steps required to aseptically transfer bacteria from an unknown to a tube of liquid broth. Answer: To aseptically transfer bacteria from an unknown to a tube of liquid broth you have to flame the loop or wire before you begin to sterilize it. Then you remove the caps from the tubes and flame the mouths of the tubes to prevent air-borne contamination. Next‚ you have to pick up the inoculums or unknown culture by running the sterile loop or wire down into the tube. Once you
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INTRODUCTION: The micro Environment The micro environment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company itself‚ its suppliers‚ marketing intermediaries‚ customer markets and publics. The business can take control over all challenges and influences in the micro environment. BODY: 1.1.1)Vision The vision of the business is what the business aims to achieve. It sets out where a business needs to go to be
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