INTRODUCTION The aim of this assignment is to provide an introduction to the concept of externalities as used by economists‚ which are more specifically negative externalities. Then presents how externalities cause divergence between marginal social costs (benefits) and marginal private costs (benefits)‚ and draws attention to an article: Sark protest against extension of SEM vineyard project. The residents of Sark assembled to against the Sark Estate Management to plant vines‚ also protesters were
Premium Externality Welfare economics Market failure
Case 26-4: Baldwin Bicycle Company* Note: This case is unchanged from the Eleventh Edition Approach The broad issue in this case is the analysis of the profitability of a company’s sales to specific customers. Most differential cost cases dealing with incremental volume are such that the student can reasonably assume that the “great majority (if not all) of the differential cost items will be variable costs. In this instance‚ a possible medium-to-long term volume increase of 22 percent suggests that
Premium Variable cost Costs Cost
4. ANFIS: On the basis of Takagi-Sugeno Fuzzy interference system the ANFIS or the Adaptive Network Based Fuzzy Inference is one kind of AI or Artificial Intelligence. In the 1990s this technique was developed as it combines the two forms the Fuzzy Logic Principles and as well as the Neural Networks. It can gather both the framework. The interference system correlates to the set of the IF-THEN functions which are non linear to be approximated using this rules it has a capability to learn. Thus it
Premium Artificial intelligence Psychology Artificial neural network
The menstrual cycle is a cyclic process in females that‚ on average‚ occurs every 28 days. The purpose of the menstrual cycle is to help prepare the body for potential fertilization‚ implantation‚ and‚ consequently‚ pregnancy. The happenings of the menstrual cycle are consequences of the simultaneously occurring ovarian cycle and uterine cycle. The ovarian cycle occurs in the ovaries and carries out the follicular phase‚ which spans the first 14 days of a new menstrual cycle. The result is ovulation
Premium Menstrual cycle
The experiment tests whether conflict takes place between the automatic process of reading a word and the controlled process of naming the ink colour of the word by replicating a version of the Stroop effect. A sample of 20 volunteering participants‚ 10 men and 10 women‚ aged 18-69‚ took part in the experiment. Participants were given two conditions‚ one list with colour-related distractor words and one list with colour-neutral words. For each participant‚ time necessary to name the ink colour of
Premium Standard deviation Color Arithmetic mean
many positive effects in society‚ it has more negative consequences‚ especially upon teenagers‚ such as cyber-bullying‚ negative influences on social behavior‚ and the promotions of crime and violence. When used responsibly‚ social networking is efficient‚ fun‚ and useful. Unfortunately‚ teenagers in today’s society misuse social networks- causing social networking become dangerous and psychologically harmful. Cyber-bullying is the most common negative effect of social networking. More than one in
Premium Facebook Social network aggregation Sociology
ABSTRACT An experiment was carried out at the Horticulture Farm‚ Bangladesh Agricultural University‚ Mymensingh during 1998-99 growing season to study the effect of nitrogen and plant spacing on the growth and yield of potato (var. Diamant). Different nitrogen levels viz. 0‚ 127.0‚ 190.5 and 254.0 kg N/ha significantly influenced plant height‚ foliage coverage‚ number of main stem per hill‚ days required for 80% maturity of the crop‚ fresh weight of haulm (g/hill)‚ number of tubers per hill‚
Premium Potato
truth we as humans are relationalbeings and when alone for so many years‚ one is deprived of humanity and companionship. Marxists believe that whichever social class one is tied to is the same way he/she will earn a living. Class can have a negative or positive effect on a person. The mediation of action is something no one can undergo‚ and there are three consequences when involved in such. One is other people become instruments of our will when we execute our actions. Second‚ consequence is something
Premium Human Interpersonal relationship Religion
THE EFFECTS OF INDUSTRIALIZATION 1.- Population and Economic Growth One of the most important changes was the continuous expansion of the population and the economy. Most observers in the eighteenth century did not believe that expansion of the population and the economy could be sustained indefinitely. The population had consistently expanded as the greater agricultural productivity permitted maintaining an adequate food supply. The industrial economy had been able to employ large numbers
Premium Industrial Revolution
commentary The boundless carbon cycle Tom J. Battin‚ Sebastiaan Luyssaert‚ Louis A. Kaplan‚ Anthony K. Aufdenkampe‚ Andreas Richter and Lars J. Tranvik The terrestrial biosphere is assumed to take up most of the carbon on land. However‚ it is becoming clear that inland waters process large amounts of organic carbon and must be considered in strategies to mitigate climate change. A tmospheric carbon dioxide concentrations increased from ~280 ppm before the industrial revolution to over 384
Premium Carbon dioxide