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
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Romeo and Juliet Explain how you would direct a section of Act 3 scene 5 of Romeo and Juliet for a modern audience. In your answer you should focus on how Juliet would be presented in this scene and how the scene would be acted? Romeo and Juliet is a tragic play‚ which embodies the true spirit of love and destiny. The play shows fate‚ premonition‚ violence and vengeance while two lovers pine for each other. It shows how love can be over powering which would supersede all other values and loyalties
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Isaiah Munch Elizabeth & Ken Health 2 6/26/13 Risks and Benefits of Being a High School Football Player When most people think about American football they think about big hits‚ breaking bones‚ and touchdowns; but there is a lot more to it. For most high school football teams the season starts in the beginning of June and goes until October or November. The first game is in the beginning of September. But the training starts way before that! In the first week of June the players start spring
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1. Calculating Returns ( LO1‚ CFA1) Suppose you bought 100 shares of stock at an initial price of $ 37 per share. The stock paid a dividend of $ 0.28 per share during the following year‚ and the share price at the end of the year was $ 41. Compute your total dollar return on this investment. Does your answer change if you keep the stock instead of selling it? Why or why not? 2. Calculating Yields ( LO1‚ CFA1) In the previous problem‚ what is the capital gains yield? The dividend yield? What is
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Risk This assignment will critically evaluate theories of risk‚ and consider the approaches to practice for the role of a local authority social worker in the identification‚ assessment and management of risk of social work with children‚ young people and families. There will be consideration given to the impact of social work practice on service users and carers including my understanding of anti-discriminatory and anti-oppressive practice. The idiom ‘damned if you do and damned if you don’t’
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------------------------------------------------- 01 DEMONSTRATE THE APPLICATION OF PROFESSIONAL ETHICS‚VALUES AN JUDGEMENT Question 1-Describe an occasion on which you had to demonstrate ethical behaviour When I was an attaché ‚I was given the tasks of handling a tender for heavy vehicle tyres. One of the prospective suppliers offered to take me out for dinner to discuss the tender. At first ‚ I thought it was a genuine call but after careful consideration‚ I realised that this was going
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Fatou Gueye Mrs. Frazier English 10 Bell 3 September 11‚ 2013 You Are Not Alone When you grow up and have kids‚ the most common question they will ask you is‚ “How was high school for you?” You want to tell them that it was the best four years of your life‚ but all that you can retain are the horrible memories of being bullied. Bullying is a huge problem all around world. In the United States‚ schools hold about 2.1 million bullies and 2.7 million victims. Many teens that have been bullied
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government by the people. In contrast representative democracy can be seen as government for the people. Also depending if one agrees with political equality will alter your definition for example if a person has high level of social significance they would believe that democracy is the rule of the elite and political equality does not exist this is the view point of Marxists. However on the other hand liberal- democracies do believe it and therefore their opinion on “democracy” is political equality
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well back home. I miss you both dearly. I have been contemplating how to break some news to you about my position during these tough times. I am deeply sorry to put such a burden on you both‚ but I am now in the position to fight against the British. The other night‚ I attended the House of Burgesses to hear a patriot named Patrick Henry speak. Let me tell you if you were to hear this man speak and the points he made‚ you too would be persuaded into fighting the British. You cannot deny Henry’s moral
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How to Develop a Risk Management Plan Developing an effective Risk Management Plan is an important part of any project. Unfortunately‚ this step is often avoided with the "deal with it later" attitude. If everything goes smoothly and without incident‚ that approach does no harm. But normally‚ issues do arise and without a well developed plan‚ even small issues can become emergencies. There are different types of Risk Management and different uses that include calculating credit-worthiness‚
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