UTILITY NUMERICALS 1. A consumer divides Rs.90 to be divided between two commodities X and Y‚ and suppose the unit price of Y is fixed at Re. 0.20. What will be his demand equation for X. If his utility function is U = log Qx + 2 log Qy. 2. A consumer has a monthly budget of Rs.4000. He spends all his income on two goods A & B. Price of A and B are Rs2 and Rs.4 respectively. His utility function is U = 3 log A+ 9log B. Find the optimum combination of A & B for the consumer
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CASE related facts Western Utilities a privately owned utility company currently faced with financial inefficiencies resulting from an expansion of its facilities. President Robert Delgado has personally asked them to raise the standard of employee performance as well as setting goals that are not easily attainable. MBO is being implemented by John Givens and Hilda Hirsh to identify key standards with which to control performance. 3 year ago‚ MBO is implemented for the purpose of evaluating
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Behavioral Science 1. The immune system is not an autonomous system. This discovery was confirmed by demonstrating that the immune system can be altered by which of the following? A. Stress B. Suppressed emotions C. Diet D. Conditioning E. Relaxation The answer is: D R. Ader and N. Cohen discovered that the immune system could be conditioned by neutral taste stimuli. The immunosuppressive drug cyclophosphamide (CY) was used in a taste aversion study to cause nausea and vomiting. They
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seeks not merely to understand human behaviour‚ but to predict and control it. From his theories‚ Skinner developed the idea of "shaping". By controlling rewards and punishments‚ you can shape the behaviour of another person. Another major theorist in behaviour therapy is Hans J. Eysneck. In a paper that he submitted to his University in 1959‚ he defined behaviour therapy as the application of modern learning theory to the treatment of behavioural and emotional disorders. Eysneck emphasisied the principles
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of Diminishing Marginal Utility’ A law of economics stating that as a person increases consumption of a product - while keeping consumption of other products constant - there is a decline in the marginal utility that person derives from consuming each additional unit of that product. EXPLANATION This is the premise on which buffet-style restaurants operate. They entice you with "all you can eat‚" all the while knowing each additional plate of food provides less utility than the one before. And
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STUDY OF BEHAVIORAL FINANCE A PROJECT REPORT BATCH: 2010-12 To Dr.Sampada Kapse Program Co-ordinator (PGDM) In partial fulfillment of the requirements of Tolani Institute of Management Studies‚ Adipur For the award of the degree of Post Graduate Diploma in Management [pic] Tolani Institute of Management Studies PB No.11‚ LilashahKutiya Road‚ Adipur – 370 205 (Kachchh). Ph: (02836) 261466‚ 262187 Email: tims@tolani.org‚ www.tolani.org/tims JUNE 2011 acknowledgement
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Behavioral Psychology Amber Rojas PSY 310 July 9‚ 2011 Brandi Reynolds‚ Ph.D. Behavioral Psychology Behaviorism was introduced to the world of psychology in the early 1900’s. It was a different look at psychology then the traditional school of thought. “In a system of psychology completely worked out‚ given the response the stimuli can be predicted; given the stimuli the response can be predicted” (Goodwin‚ 2008). John B Watson‚ B.F. Skinner and Edward C. Tolman were all a part of the behaviorists
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BEHAVIORIAL APPROACH I want to use behaviorist approach to explain the time I taught my dog how to sit and play tricks. Behaviorism is an avenue in psychology‚ which has associates with elements of reasoning‚ process‚ and theory. It started in the early twentieth century as a reaction to "mentalist" psychology‚ which often had difficulty making predictions that‚ could be tested using rigorous experimental methods. The primary precept of behaviorism‚ as embodied in the writings
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Behavioral/Bioscience as it affects the theory and concepts of health promotions Most health promotion theories come from the behavioral and social sciences‚ borrowing heavily from disciplines such as psychology‚ sociology‚ marketing‚ consumer behaviors‚ management and political science. Such diversity reflects the fact that health promotion practice is not only concerned with individual health behaviors‚ but also with the organization of society and the role of policy‚ organizational and community
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| Behavioral Components | | | | Behavioral Components Every environment we will ever work in will be different than the one before. Each company has different personalities‚ different cultures and different procedures. Organizational behaviors are the actions of individuals and groups toward one another and toward the organization as a whole. These aspects do cause an effect on the organization ’s functioning and performance. There are so many unique personalities that
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