"Explain the differences between efficiency effectiveness and equity" Essays and Research Papers

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    Kirat Hundle 1. What is the difference between an element and a compound? An element is an isotope made of the number of neutrons it has. A compound is a substance made of two or more different elements (a mixture). 2. What is the periodic table? A periodic table is where the chemical elements are organized based on their atomic number (number of protons in the nucleus)‚ electron arrangement‚ and chemical properties. 3. Give two examples of each of the four major mineral groups (silicates‚ carbonates

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    Energy Efficiency

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    24‚ 2011 Energy Efficiency There are various sources of energy available for use. However‚ energy is a limited and sparse resource that is not in abundance at all places. There is an ever rising need for more energy‚ but the energy supply and resources are limited. As a result‚ people have to develop means that can enable them to survive with the small amount of energy that is available. The proper and sustainable use of energy is known as energy efficiency. Efficiency is attained through

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    Table of Contents List of Figures 3 List of Tables 4 Abstract 5 Declaration 6 Acknowledgement 7 1.0 Introduction 8 1.1 Executive Summary 8 1.2 Organization Overview 9 1.3 Problem Definition 10 1.4 Research Topic 11 1.5 Research Question 11 1.6 Objectives 12 2.0 Literature Review 13 2.1 Academic Literature Review 13 2.2 Literature Review Summary 19 3.0 Research Methodology 21 3.1 Methodology 21 3.2 Data Collection Methods 22 3.2.1 Primary Sources 22 3.2.2 Secondary

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    Allocative Efficiency

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    (a) Explain how allocative efficiency is related to the concepts of consumer surplus and producer surplus. Consumer surplus is defined as the highest price consumers are willing to pay for a good minus the price actually paid. As shown in the diagram‚ P1 is the highest price consumers are willing to pay for a good. Pe is the equilibrium price determined by the market. Any consumers are willing to pay price higher than Pe will end up paying Pe. This means they pay less than they expect‚ therefore

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    There are differences between microeconomics and macroeconomics‚ although‚ at times‚ it may be hard to separate the functions of the two. Microeconomics and macroeconomics are the two major categories within the field of economics. Microeconomics is the branch of economy‚ especially such topics as markets‚ prices‚ industries‚ demand‚ and supply. Microeconomic concentrates on the difficulties of the markets for services and goods‚ and how the price affects the growth of the markets (Microeconomics

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    allocative efficiency

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    the Efficiency is about a society making optimal use of scarce resources to satisfy wants and needs market can fail Allocative efficiency is concerned with producing the goods and services that match the changing needs and preferences and which are placed the greatest value. Allocative efficiency is reached when no one can be made better off without making someone else worse off. This is known as pareto efficiency. Allocative Efficiency occurs

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    Bonds Efficiency

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    bond returns. The serial dependence exhibits a complex nonlinear structure. Both investment-grade and high-yield bond returns can be predicted by past stock market returns in-sample and out-of-sample‚ and the predictive relation is much stronger between stocks and high-yield bonds. By contrast‚ there is little evidence that stock returns can be predicted by past bond returns. These findings are robust to various model specifications and test methods‚ and provide important implications for modeling

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    Equity Theory

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    Equity Theory by John Stacey Adams Equity Theory attempts to explain relational satisfaction in terms of perceptions of fair/unfair distributions of resources within interpersonal relationships. Equity theory is considered as one of the justice theories; it was first developed in 1962 by John Stacey Adams‚ a workplace and behavioral psychologist‚ who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the

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    Rate of development Rate of development refers to the speed at which the child’s development takes place and the speed at which these developmental milestones are met. Importance of the difference between sequence and rate of development It is important to understand the difference between the sequence of development and rate of development because‚ whilst the sequence usually remains the same‚ the rate at which many milestones are achieved can vary greatly. The rate at which some

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    CYP CORE 3.1 Stephen Merrett Second Submission 1.2 The difference Between the Sequence and Rate of Development Children’s development generally follows a predictable sequence of stages known as milestones. However‚ occasionally a child may skip a stage or go through a stage very quickly e.g. a child may miss out crawling and move straight from sitting to walking. An example of a sequence is the physical development of a baby where movement begins with their head and then downwards and from the

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