ISIMADE‚ Baden-Baden‚ 1999 Hydro Turbine Design in a VR Environment E. Goede 1) ‚ A. Kaps 1)‚ A. Ruprecht 1)‚ U. Woessner2) 1) 2) Institute for Fluid Mechanics and Hydraulic Machinery (IHS)‚ University of Stuttgart Computing Center (RUS)‚ University of Stuttgart Introduction Usually hydraulic turbines have to be designed individually according to the local operating conditions of power station such as discharge‚ head and given geometrical situations. This requires a tailor-made design
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4a) His income is €300‚ so his budget constraint is the line between y=30 and x=75. The optimal choice (utility-maximizing) is shown by the point of tangency with his utility function. This is point E (and x =30). b) The budget constraint shifts to x = 120. The new optimal choice is point C (and x = 35). c) ΔY∙py = (30-22‚5)∙10 = €75 d) The total effect: Point E C e) Income effect: F C Substitution effect: E F f) Income effect < 0‚ so X is an inferior good. 5a) U(x‚y) = x1x2
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[pic] Swinburne University of Technology (Sarawak Campus) HBE613 ECONOMICS Higher Education Division Microeconomics Test Term 1‚ 2013 12.5% of Total Unit Marks (to be marked out of 20) Time Allowed: 1 hour Name: ______________________________________ Student ID: ______________________________________ Swinburne University of Technology‚ Sarawak Campus Short Answer Questions There are 4 questions in this section. Each question is worth
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1. Consider a personal computer market with two firms‚ X and Y. Suppose that Firm X and Y have the following total cost function: TCX=10QXTCY=10QY . The market is given by P=100-QX-QY. (a) Calculate the Cournot equilibrium outputs of firm X and Y in this market. (b) Calculate their market price in the Cournot equilibrium. (c) Calculate their profits in the Cournot equilibrium. (d) Suppose that firm X is considering implementing a proprietary technology they have developed. The onetime sunk cost
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Culture of Time and Culture By: Stephen Kern As a better understanding of Mass Communication and Society we were encouraged to read the book The Culture of Time and Space by Stephen Kern and analyze the information given from the book and express our ideals and outcomes from it. I believe that the ideas given to the readers from the book were very appealing and interesting‚ especially when combining the ideas of technology and culture. We are usually accustomed to not relate culture with technology;
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Micro-Raman Spectroscopy Raman spectroscopy is a micro-analytical method that showed many advantages in analysis of cultural heritage materials. It is a form of vibrational spectroscopy that allows the identification of particles in homogeneous materials in the micron order. The identification is employed on the basis of the molecular vibrational spectra of samples‚ obtained by excitation with visible laser light. In micro-Raman spectroscopy‚ the laser beam is focused by means of a microscope
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This article is specific to small loans. For financial services to the poor‚ see Microfinance. For small payments‚ see Micropayment. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. These individuals lack collateral‚ steady employment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit. Microcredit is a part of microfinance‚ which is the provision of
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environmental forces (micro and macro) have strongly influenced Japanese firms such as Sony‚ Panasonic‚ Sharp‚ and Toshiba‚ in the last few years? Be specific. i. They were too confident about their technology and manufacturing capabilities and lost sight of the products from the consumer’s point of view. In other words‚ they keep creating breakthrough technology‚ but failed to make improvements faster such as easy-to-use software‚ online services‚ and smarter marketing messages. Their technology
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Relevance of the Marketing Concept as a Management Philosophy Prepared for: University Of Ulster Prepared by: Santosh Lama (B00623651) Date: 20/11/2014 Word count:- 2048 Table of Contents Executive summary Intoduction 2 3 Critical Analysis of Marketing Concept and its Relevance. 4 Marketing Concept 4 McDonald’s Implementation of Marketing Concept 5 McDonald’s Strategy Influence Its Business Structure 6 McDonald’s in China 6 McDonald’s in France 6 McDonald’s Strategy Influence Its External
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Study Guide and Tips for chapter 7‚ MICRO Consumption of goods and services by consumers generates satisfaction‚ happiness‚ content‚ pride of ownership‚ etc. Economists have the term UTILITY to describe them all; with the assumption that consumers seek to maximize utility. Start the chapter by acquainting yourselves with the definitions of Utility‚ Util‚ Total and Marginal Utilities‚ and thereon the Law of Diminishing Marginal Utility. Then‚ closely study exhibit 1 for numerical and graphical
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