The average variable cost (AVC) in the short run and long run is ‘U’ shaped. Average variable cost is the total variable cost per unit of output‚ found by dividing total variable cost by the quantity of output. Thus if a firm produces X2 units of a commodity at a total variable cost of TVx2 the AVC of producing these two units of output is given as Average variable cost decreases with additional production at relatively small quantities of output and then eventually increases with relatively
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1. Define each of the following terms: a period: a horizontal row of elements in the periodic table. b group: a vertical column of elements in the Periodic Table. Elements in a group have similar chemical properties. c noble gas: an inert or non-reactive element that is located in a group 0 (or 18) of the Periodic Table. d transition metal: metallic elements found in groups 3–12 that often have coloured compounds. e alkali metal: metallic elements that are extremely reactive. Alkali metals are
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had a more successful monetary policy during the period 1971:1 to 1997:4 if it had followed an optimal rule rather than the discretionary policies that were actually employed. The paper examines the use of two different instruments—the discount rate and the monetary base—with several different targets — growth of nominal output‚ inflation‚ the exchange rate‚ and the money growth. The results show that most of the rules considered would not have significantly improved the performance of the Taiwanese
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the other person. This has a huge mental impact on the abused. The target will be antisocial and try to impress (in some cases their spouse or interest) the abuser in some last ditch effort to be accepted. Physical abuse is a violent interaction between two or more people. Unlike all the other types of abuse
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That Different? by Erin Kepler & Scott Shane Shaker Heights‚ OH 44122 for under contract number SBAHQ-06-M-0480 Release Date: September 2007 The statements‚ findings‚ conclusions‚ and recommendations found in this study are those of the authors and do not necessarily reflect the views of the Office of Advocacy‚ the United States Small Business Administration‚ or the United States government. September 2007 No. 309 Are Male and Female Entrepreneurs Really That Different? An
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Describe geographic evidence collected in the last part of the 20th century to support the theory of continental drift. Why do scientists today accept the movement of continents but did not accept this theory back in Wegner’s time? Scientist didn’t approve of Wegner’s theory back in his time because he wasn’t a scientist. He went off of his own thoughts with no evidence. He had no experience in geology. But later in 1930 Wegner’s would pass away before the decision on his theory was not approve
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love with each other. Romeo is from the house of Montague‚ while Juliet is from the house of Capulet. Both families have been feuding with each other for a long time; however‚ despite the families feuding‚ Romeo and Juliet marry each other in secrecy. In the end‚ both Romeo and Juliet kill themselves out of love for each other. The play Romeo and Juliet‚ is a tragic love story between two young teenagers. It has been used several times since it was written‚ as an example of the different forms of
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DIFFERENCES BETWEEN VIETNAM AND THE U.S I am an immigrant person who came to the U.S under family sponsorship. Living here for 4 years‚ I have learned a lot of interesting things in this country. There are so many differences between Vietnam and the U.S as relationship‚ weather‚ religion‚ fashion‚ language…. but the most three obvious differences between them are country size‚ education system and culture. Country size is a great difference between these countries
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Different Education Between China And America Have you ever thought about the question: that why Chinese students need to sit straight and being silent during classes? But American students can have the class outside‚ sitting on the green grass and enjoying the blue sky and sunshine. And there are many reports or news segments talking about the differences between Chinese and American education. As the result‚ I want to compare and contrast the two different systems between China and America. In
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Correlation as a Measure of Association Summary Monique Reed BSHS/435 March 09‚ 2015 Dora Barker Correlation as a Measure of Association Summary Correlation as a measure of association summary that involves testing relationships between two variables. The focus for the test will be based on the strengths of the association and the direction. According to Leedy and Ormrod‚ (2010) “A correlation exist if‚ when one variable increase‚ another variable either increases or decrease in a somewhat predictable
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