product is given by 396 — 4x2‚ construct the overall marginal cost and determine profit maximising output in each plant. Explain the basic tenets of Rawl’s theory of justice. Define ’Nash equilibrium’ and explain with the help of the game ’Prisoner’s Dilemma’. Provide an example of a game with multiple Nash equilibria. MEC-001 1 P.T.O. SECTION - B Attempt any four questions from this section : 5. 4x10=40 With Cobb - Douglas production functions‚ show that : the output elasticity with respect to
Premium Nash equilibrium Supply and demand Game theory
of processed food‚ but they are not the only ones to blame. Yes they are the ones taking advantage of our ignorance by mass-producing cheap food that they know we will not think twice about‚ but the ignorance is our fault. Author of The Omnivore’s Dilemma‚ Michael Pollan‚ describes the current foundation of the food industry‚ “Our food system depends on consumers’ not knowing much about it beyond the price disclosed by the checkout scanner. Cheapness and ignorance are mutually reinforcing” (Pollan
Premium Food Organic food Taste
The Department Store Dilemma There are several issues presented in this dilemma. One is about Mary-Alice’s heart condition and the restrictions in the company’s medical insurance program. In order to become a full time worker at Bassfield Department Store‚ the policy states that the employee must pass the physical exam. Due to the fact that Mary-Alice failed the exam‚ the personnel manager Bill Chaves thinks that she should be terminated because it violates the company’s policy. However‚ there
Premium Employment Full-time
for themselves. A nurse is also required to be non-prejudice and understand and acknowledge other cultures and beliefs‚ for example some religions do not believe in blood transfusions‚ as a nurse it is important not to judge when faced with such a dilemma. It is paramount that the nurse is aware of each individual patient’s needs. To establish this it is important that patients are assessed and their care plan be thoroughly explained to ensure they understand the reason(s) for any medication or procedure
Premium Health care provider Health care Patient
Stage 1. Obedience and Punishment Orientation. Kohlberg’s stage 1 is similar to Piaget’s first stage of moral thought. The child assumes that powerful authorities hand down a fixed set of rules which he or she must unquestioningly obey. To the Heinz dilemma‚ the child typically says that Heinz was wrong to steal the drug because "It’s against the law‚" or "It’s bad to steal‚" as if this were all there were to it. When asked to elaborate‚ the child usually responds in terms of the consequences involved
Premium Kohlberg's stages of moral development Morality Human rights
cooked meals will become attractive and don’t be surprised if you will start cooking. Seriously. It should be required reading in Health class or something. I cannot say enough good things about this book. It covers everything I wished The Omnivores Dilemma did when I was reading that. It is so refreshing to see someone point out how crazy our country’s eating habits have gotten. The idea of "Eat whatever you want‚ just make it yourself‚" is brilliant. How much easier than counting calories or points
Premium Food Nutrition The Omnivore's Dilemma
To what extent do you think the meaning of Hamlet revolves around key conflicts? Conflict is the cornerstone on which the timeless appeal of Hamlet rests. Hamlet is fundamentally an ethical play which challenges an audience to reconsider its understanding of the dichotomy between good and evil. Conflict‚ because of its predominance in the context of the early seventeenth century Renaissance‚ forms the basis of the behaviour of key characters in the play‚ particularly in ethical and religious confusion
Premium Conflict Hamlet Ethics
Types of ethical dilemmas 67% 1 2 3 Distinguishing between legal and ethical issues 67% 4 5 6 Recognizing cultural differences 67% 7 8 9 Communicating effectively with people from other cultures 33% 10 11 12 Business Communication 2.0 67% 13 14 15 Elements of the communication process. 100% 16 17 18 Barriers to communication 33% 19 20 21 Concept: Types of ethical dilemmas Concepts Mastery
Premium Communication Culture Ethics
M&A Report Table of Contents 1. Executive Summary 2. Introduction 3. The history of Cyworld & SK Communications 4. The industry of Cyworld & SK Communications 5. Background of the M&A 6. The process of the M&A 7. Results of the M&A 7.1. Synergy effect between the messenger ‘Nate on’ and ‘mini homepage’ 7.2. CSR (Corporate Social Responsibility) marketing 7.3. Increasing the Profit through the differentiated profit-making model with other competitors
Premium Web portal Cyworld
Botany of Desire Name Institutional Affiliations In the Botany of Desire by Michael Pollan‚ emphases on how mankind has taken his position in trying to influence and control nature through technology such as genetic engineering. The purpose of this is to satisfy his desire for perfection by controlling the seeds of plants such as apples and potatoes. It appears that Pollan has a vivid imagination on plant-human interaction‚ when he writes the book. He thoroughly examines the connection of
Premium Michael Pollan In Defense of Food The Omnivore's Dilemma