the demand curve? To show what the consumer should do to maximize utility‚ a budget line must be added to the preferences shown in the indifference curves. The picture below adds one. Point a is not attainable because it lies to the right of the budget line. The consumer is indifferent between points b and d because they lie on the same indifference curve‚ but point d is cheaper than b because d lies below the budget line. The consumer wants to get on the highest indifference curve affordable
Premium Consumer theory Preference Supply and demand
FLOW MEASUREMENT (Venturi meter‚ Orifice Plate and Rotameter) OBJECTIVES To study the characteristics and applications of various flow measuring device (venturi meter & orifice plate). To calculate the volume flow rate of water from the pressure difference of both venturi and orifice devices. To compare between theoretical and actual volumetric flow rate through the discharge coefficient concept. To know how rotameter works. INTRODUCTION The measurement of fluid flow is important in applications
Premium Fluid dynamics
The Formula Used To Find The nth Term Of The Bell Numbers Abstract A pattern was discovered when elements in a set were rearranged as many ways as possible without repeating. This pattern is a sequence of numbers called Bell Numbers. In combinatorial mathematics‚ which is said to be the mathematics of the finite‚ the nth Bell number is the number of partitions of a set with n members. This find the number of different
Premium Mathematics Number
college education could lead a person into making a significant decision‚ which could optimally transform the relationship they have with their family members. As demonstrated in Hunger of Memory by Richard Rodriguez‚ and in the play Real Woman Have Curves by Josefina Lopez. Both Rodriguez and Lopez are faced with an important decision when they decide to further their education. Coming from a similar family background‚ both Rodriguez and Lopez’s parents did not have the opportunity of obtaining a college
Premium Education Middle class Higher education
Jean Kilbourne and bell hooks agree in their writings that the media often distorts what we perceive as reality in one way or another. Film‚ television‚ and advertising shape our ideals and what we believe should be true. Kilbourne focuses on the distortion of gender‚ particularly the distortion of the female gender in society in the excerpt from her book included in From Inquiry to Academic Writing‚ whereas hooks analyzes the misrepresentation of the impoverished and homeless in the excerpt from
Premium Gender Feminism Gender role
Research and concepts An index method for measurement of customer satisfaction Ï Ingrid Fecikova  The author Ï Ingrid Fecikova is a Lecturer at the Technical University of  Koice‚ Slovakia. s Keywords Customer satisfaction‚ Measurement‚ Customer retention‚ Customer loyalty‚ Profit Abstract Customer satisfaction (CS) has become an important issue for commercial and public service organisations. Companies win or lose based on what percentage of their customers they can keep. Success is largely
Premium Customer satisfaction Measurement Customer
performance of United Parcel Service (UPS) during the past year was good. The company ’s ROI for the last five year is 14.27 while the industry average is only 12.70. UPS is the market share leader in the express delivery market with a 53% share of the market‚ and 50% in the ground shipping industry (Lazich‚ 2007). Based on its Net Profit Margin‚ Return on Assets‚ and Earnings per Share the company ’s profitability is strong. Overall‚ UPS performed well in 2006. UPS ’s current mission is a clear and
Premium United Parcel Service Economic growth Strategic management
WHERE GOOD IDEAS COME FROM The argument of this book {Where Good Ideas Come From: The Natural History of Innovation By Steven Johnson} is that a series of shared properties and patterns recur again and again in unusually fertile environments. The have been distilled down into seven patterns. The more we embrace these patterns—in our private work habits and hobbies‚ in our office environments‚ in the design of new software tools—the better we will be at tapping our extraordinary capacity for innovative
Premium
production possibility curve and there any many different things that effect it. The removal of trade barriers or also known as free trade is not exempt from this list of things that affect an economies production possibility curve. Reduction in trade barriers can cause a country’s production possibility curve to shift outward. That is just one of many reasons that could cause an economy’s production possibility curve to shift outward. This production possibility curve can also determine an economy’s
Premium Economics International trade
Refractive index measurement is actually a measurement of the speed of light in a medium. The speed of light (usually denoted by c) is 299 792 458 m/s in vacuum. In other media the speed of light is lower than this value‚ and the refractive index‚ R.I.‚ of a medium is a measure of how much the speed of light is reduced in the medium. The refractive index (n) of a medium is defined as the ratio of speed of light in vacuum (c) in to that in the medium (v) The speed of light in a medium depends on
Premium Total internal reflection Refractive index Optics