The law of diminishing returns only applies in the Short Run‚ when only one factor of production is variable and can be increased. The other factors of production are fixed. Thus as the variable factor of production is increased the marginal product of that factor will rise at first‚ but will at some point begin to fall. Returns to scale can only occur when no factors of production are fixed. If the quantities of all of the factors of production are increased‚ then output will also increase. However
Free Economics Economics of production
“I am hit …. Abandoning craft code Alpha-Tango”‚ The instant Smith heard the sound of the coolant steam hissing through the rotor of the SR-71 Blackbird he knew that he was going to go down .This was not part of the plan‚ Smith was 22 years old he had joined the army two years ago few months before Pearl Harbour was attacked. He was not an angry young man but had joined the army as all he ever wanted to do was fly planes –fighter planes‚ but now he was fighting the World War II .After the World War
Premium World War II
and changes viz-a-viz curriculum issues. The dynamic nature of the curriculum process lead to the history of curriculum development for basic education in Nigeria. Analysis of the Nigerian education sector reveals the challenges of incoherence in policy Formulation and implementation. The selection and organization of curriculum content‚ curriculum implementation and evaluation‚ the development‚ distribution and use of teaching materials‚ and the relevance of the curriculum to the needs of society
Premium Education High school College
Activity based costing Definition and concept ‘An approach to the costing and monitoring of activities which involves tracing resource consumption and costing final outputs. Resources are assigned to activities‚ and activities to cost objects based on consumption estimates. The latter utilise cost drivers to attach activity costs to outputs.’ Activity-based costing (ABC) is a costing methodology that identifies activities in an organization and assigns the cost of each activity with resources
Premium Cost accounting Management accounting Costs
First of all a curriculum is a written plan defining the strategies to attain a goal or an objective. According to David Pratt “Curriculum is an organized set of formal education and/ or training intentions.” A curriculum is mostly used in an educational system to define the objectives that students must attain in any field of study that is the holistic development is the development of a whole person or student concerning the topic. The holistic development of a child is to make him develop as
Premium Education Learning Curriculum
Identify | Technique | Analyse | Evaluate | Conceptualise | Appreciate | “A narrow fellow in the grass / Occasionally rides. / You may have met him – did you not? / His notice sudden is.” | Lexical choice – unusual choice of verb.Modal verbDirect addressParadox | Ride – being carried by the grass‚ something other-worldly or ghostly about this snake – being propelled magically. Only happens occasionally – a special/ rare/unique/mysterious occasion. Fellow – such a common address – paradoxical idea
Premium Snake
Uses of Concept The purpose of this paper is to explore the concept of Caring in the field of nursing. In considering the concept of caring‚ the following attributes immediately comes to mind which comprise of‚ but are not restricted to: kind‚ thoughtful‚ gentle‚ helpful‚ compassionate‚ considerate‚ loving‚ sensitive‚ concerned‚ caregiver. Together these words fit into the philosophies of nursing and the provision of care to individuals‚ which provide the marked distinction between the profession
Free Nursing
#5 Null Curriculum When I began my teaching career thirteen years ago‚ I had 3 preps (different courses to prepare for); Physical Education‚ Health‚ and Physical Science. Shortly after being hired‚ the Principal called and told me that I would be teaching a 7th grade physical science class. Several thoughts ran through my head‚ I started panicking after all my degree was in Physical Education‚ not Science. The Principal explained that my degree contained enough science courses which allowed me
Free Teacher Education
Introduction A curriculum consists of a varying scope that defines the desired learning experiences that an educational institution desire to inculcate to their students. A curriculum‚ therefore may be a unit‚ a sequence of courses‚ or the school’s entire program of studies which may take place inside or outside of class or school when directed by the faculty member or personnel of the school. It encompasses the total opportunities for learning provided by the educational institution. A curriculum is designed
Premium Education
Feminism is a broad perspective. Explain in your own word the contribution put forward by Marxist Feminism Radical Feminism Liberal Feminism Difference Feminism Feminism is a group of political movements broadly representing women’s interests which they have been highly critical of the family but as any other critics they have tended to emphasis on the harmful effects of the family life upon women. In this aspect they have created new perspectives and highlighted new issues. Feminists have introduced
Premium Feminism Feminist theory