Problem Set 4: 355 Q1) Tastes for Varieties and trade 1. p = (Qn/1000p)^-1/2 pQ = Q^1/2 (n/1000p)^-1/2 MR = MC 1/2Q^-1/2 (n/1000p)^-1/2 = 1/2 Q = 1000p/n p = (Qn/1000p0^-1/2 = 1 Zero profits in the long run means that AC = p 10/(1000/n) + 1/2 = p Since the PP curve is flat and p = 1‚ then 10/(1000/n) +1/2 = 1 n = 50 2. The market size doubles‚ but there is still no change to the PP curve [p=1] 10/(2000/n) + 1/2 = 1 n = 100 3. The only gain from trade
Premium Economics Average cost Cost
Unit 4 Assignment 1 Chosen business: Tesco Task 1 (P1) There are different types of information that Tesco use these are: - Verbal information: This is spoken information it could come from the customer‚ it could also come from Tesco if they let any promotions over the tannoy. - Written information: This is information that is written in a document‚ Tesco uses this type of information in its leaflets‚ receipts and collects this information from customers through comment cards etc. - Onscreen
Premium Sales Customer Customer service
References: Handout Notes Session 2 - 1/10/10/ Health and Safety at Work Act 1974 Sex Discrimination Act 1975 Race Relations Act 1976 Disability Discrimination Act 2005 Data Protection Act 1988 Equal Opportunities Act 2006 Debra Clarke PTLLS Assignment 2
Premium Discrimination Computer program Mobile phone
Vivian Simons Profit WRLD 213 Professor Dawn Lee 12 April 2015 1. Cite three examples of where Confucius attempts to create a governing code of conduct that promotes ethical behaviors. The first example is where Confucius explains to not give praise to wrongdoers to provide people examples of how to live. He is states to give praise when praise is due to positive things versus negative. Do not influence the people with wrong doings because when they see the truth‚ not only will they be hurt but
Premium Woman
Boiling Point Elevation 4-4 Boiling Point Elevation If you dissolve a substance such as ordinary table salt (NaCl) in water‚ the boiling point of the water will increase relative to the boiling point of the pure water. In this assignment‚ you will dissolve a sample of NaCl in water and then measure the boiling point elevation for the solution. 1. Start Virtual ChemLab and select Boiling Point Elevation from the list of assignments. The lab will open in the Calorimetry laboratory with a calorimeter
Premium Gas Pressure Temperature
Colberians undoubtedly shows that the firm does not pursue the moral conducts expected from any business. In regard to the case‚ it is obvious that the PharmaCARE is mistreatment the Colberians by deliberately taking gain of their low information level and misusing them for their own benefit. In regard to this case‚ the point that ought to be noted is that Colberians are uninformed. They cannot differentiate aspects related to copyrights and assets rights. Nonetheless‚ Colberians have healing talents
Premium Ethics Copyright
from the description in the composition. Pg 50 CLS- This work of art implies that women are fatal and to be not taken so lightly. Also to see the destruction of women through the act of dismemberment as the viewer can see from the gory head of a man. 4. 1883‚ Jenney‚ William Le Baron‚ Home Insurance Building‚ Chicago‚ Architecture. TXT- This skyscraper was created with an inner metal skeleton to bear the weight of the outer structure giving it form and shape. The metal frames is what actually holds
Premium History of painting Impressionism Vincent van Gogh
Koqwisha Norman University Success March 9‚ 2014 Lexi Register “Priorities” My major personal is to stay dedicated‚ be focus and do my work and pull thru any positive goals. My professional is to maintain motivated and to earn a promotion and one day make a successful business for being counseling. My academic is to set a good goal that will benefit me and my future of life‚ also finish school‚ get a bachelor’s degree for being a counseling and raise my GPA up to be successful.
Premium High school College Management
Task 4 IT projects are very different from other projects (like construction projects) in almost every aspect from initiating to releasing the project. Because these projects are mostly very diverse in term of cost‚ size and complexity. They often include a team having members of diverse knowledge‚ background and skills and the technologies involved are also diverse. A lot of technical teams are involved in developing something that may look acceptable for outsiders. Some of the teams’ division in
Premium Management Project management Software engineering
Name: Karin Cegielski Assignment Task: Motivating People in the Workplace Date: 15th May‚ 2015 Section 1: Understand the factors that may affect performance and motivation in the workplace. Section 2: Be able to improve levels of motivation and increase performance in the workplace. AC 1.1 Evaluate theories of motivation relevant to your workplace. The word “motivation” is derived from a Latin word movere‚ meaning ‘to move’. So motivation can also be defined as those forces that cause people
Premium Motivation Maslow's hierarchy of needs