Bombay The long-run cost curve (LTC) is composed of a series of short-run cost curves. Assumes that the firm has only one plant‚ with the corresponding short-run cost curve given by STC1‚ Suppose the firm decides to add two more plants with associated two more short-run cost curves given by STC2 and STC3. Prof. Trupti Mishra‚ School of Management‚ IIT Bombay The long-run total cost curve (LTC) is then drawn through the minimum of the short-run cost curves‚ STC1‚STC2‚ and STC3. The
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The Laffer curve‚ named after the economist Arthur Laffer‚ is a curve that demonstrates the trade-off between tax-rates and tax-revenues (Wanniski 1978). It is used to illustrate the concept of taxable income elasticity‚ the idea that a government can maximise the revenue by setting the tax rates at an optimum point. This curve can be traced back as far as 1844 to a French economist Jules Dupit who in 1844 found similar effects as Laffer did (Laffer 2004). Dupit also saw tax revenues rising from
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Behind the Curve Behind the Curve Globalization and International Terrorism Audrey Kurth Cronin he coincidence between the evolving changes of globalization‚ the inherent weaknesses of the Arab region‚ and the inadequate American response to both ensures that terrorism will continue to be the most serious threat to U.S. and Western interests in the twenty-ªrst century. There has been little creative thinking‚ however‚ about how to confront the growing terrorist backlash that has been unleashed
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Identifying sites of protein synthesis in Chlamydomonas using erythromycin and cyclohexamide as protein synthesis inhibitors. October 16‚ 2009 Introduction: In living cells‚ prokaryotic or eukaryotic‚ the synthesis (construction) of proteins is accomplished by similar machinery. Amino acids‚ ribosomes‚ messenger RNA (mRNA)‚ and transfer RNA (tRNA)‚ are all necessary for the building of functional proteins in a cell. Ribosomes are the site of protein synthesis in a cell‚ and there are two
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Introduction Protein purification is the series of processes to isolate a single type of protein from a complex mixture. This is vital to extract and characterize the protein of interest. However‚ before doing so‚ it is important to release the protein from the subcellular organelles. This step is also known as homogenization. This step can be done with the use of blender. As the solution was homogenized‚ it may undergo saltation or acidation to remove impurities such as calcium anions. Hexane
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Estimation of protein concentration Introduction Protein assays are designed to measure the total protein in a solution. Protein assays are quantitative if the protein to be assayed is available in sufficient quantity such that one is able to use it to create a standard curve. If this cannot be achieved‚ then a standard protein‚ such as albumin‚ may be used for a standard curve with the understanding that the results on the unknown protein are semi-quantitative. Since most proteins are not available
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LEARNING CURVE CONCEPT AND ITS USEFULNESS IN MANAGEMENT DECISIONS Presented ByKriti Agarwal (A002) Aniket Rane(A046) Nitin Gupta(A024) Eshan Singh(A057) Mayank Bhatia(A013) HISTORY Introduced to the aircraft industry in 1936 by T. P. Wright in his article Journal of the Aeronautical Science He found that per unit production time reduced at an unvarying rate Since then‚ learning curves (also known as progress functions) have been applied to all types of work INTRODUCTION A graphical representation
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10 Money Market and the LM Curve MACROECONOMICS Macroeconomics Prof. N. Gregory MankiwRudra SensarmaKozhikode Indian Institute of Management www rudrasensarma info www.rudrasensarma.info ® PowerPoint Slides by Ron Cronovich © 2013 Worth Publishers‚ all rights reserved Learning objectives & outcomes • Money Market & the LM Curve – Real Money‚ Real Income & Interest Rate y‚ – Deriving the LM Curve – Monetary Policy & the LM Curve 2 Financial Markets (Money Market) and the LM
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Learning curve in psychology and economics The first person to describe the learning curve was Hermann Ebbinghaus in 1885. He found that the time required to memorize a nonsense word increased sharply as the number of syllables increased.[1] Psychologist‚ Arthur Bills gave a more detailed description of learning curves in 1934. He also discussed the properties of different types of learning curves‚ such as negative acceleration‚ positive acceleration‚ plateaus‚ and ogive curves.[2] In 1936‚ Theodore
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Abstract This experiment aimed to study the effect of various denaturants on albumin and casein protein extracts through viscosity measurements. 5 mL samples of native and denatured protein solutions were prepared‚ using -mercaptoethanol‚ urea and SDS as denaturants for albumin‚ and NaOH‚ NaCL‚ HCL‚ -mercaptoethanol‚ urea and SDS for casein. 5 mL blank solutions for each denaturant used were also prepared. The viscosity of the solutions were determined using Ostwald viscometer. ________
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