bell curve is literally‚ the symmetrical curve created on a graph when using a frequency distribution method for a set of data‚ splitting the mean symmetrically. There is a big difference between standard deviation and the bell curve! Standard deviation shows the difference in variation from the average; the bell curve‚ also normal distribution or Gaussian distribution‚ shows the standard deviation and is created by the normal or equal distribution of the mean among either half. The bell curve is an
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ECON 1. (Demand Under Perfect Competition) what type of demand curve does a perfectly competitive firm face? Why? A horizontal or a perfectly elastic‚ demand curve. A perfectly competitive firm is called a price taker because that firm must “take‚” or accept‚ the market price- as in “take it or leave it.” 2. Explain the different options a firm has to minimize losses in the short run. A firm in perfect competition has no control over the market place. Sometimes that price may be so low
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effect on the demand curve Markets in Action Advertising and its effect on the demand curve Advertisement has always been an important market strategy for firms to accomplish their goals. From cereal companies to airline companies‚ it is inevitable to go through the process of advertising. However‚ what purpose does advertising serve for consumers and suppliers in the market? In this report‚ it is to examine the relationship between advertising and the market demand curve. Moreover‚ the impact
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adult learning theory was perceived as the way the mind thinks and how the mind obtains information that is presented and how the information is being utilized to help the adult learner to become more knowledgeable and successful in life. Sharron Merriam states “adult learning is a complex phenomenon that can never be reduced to a single‚ simple explanation; rather it is an ever-changing mosaic where old pieces are rearranged and new pieces are added.” (Merriam‚ Sharron B. Adult Learning Theory for
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Explain how production possibility curves can be used to demonstrate the problem of unemployment‚ effects of technological change and the benefits of economic growth. Human wants are unlimited and resources are scarce. In order to satisfy these wants‚ all societies face the problem of allocating these scarce resources to producing the wanted products. These decisions greatly affect the economy and will contribute to the movements of growth. A graph that visually represents the results of the decisions
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EVALUATE TWO SOCIAL PSYCHOLOICAL THEORIES OF AGGRESSION The first psychological theory of aggression is the social learning theory. This uses the principles of Bandura’s Bobo Dolls experiment which involved children observing aggressive and non-aggressive adults and then acting themselves. Those in the aggressive condition displayed aggression whilst the other children showed virtually no aggression. The four conditions which have been found to be effective for social learning are: attention; retention;
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Describe and evaluate the learning theory for attachments. The learning theory suggests that we are born with a blank slate which means everyone starts off exactly the same‚ and then we learn all of our behaviours once we are born. The learning theory is split into two areas‚ Operant and Classical conditioning. Operant conditioning is one part of the learning theory to describe attachments. This states that attachments are formed through positive and negative reinforcements. An example of positive
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The principles‚ applications and communication of teaching and learning theories In teaching cycle there are many different factors contribute to the final outcome‚ one of the factor is student learning which contributes the most to our teaching strategies. To get the best outcome‚ we have to apply the teaching strategies that suits our group profile the best‚ and in order to do that we need to know how student learn. Educational psychology is one of the principle foundations for our preparation
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Strengths‚ Limitations and Social Work Every theory has strengths and limitations‚ which can be beneficial to understanding behaviour as well as leaving gaps in knowledge as not every theory can explain every facet of human behaviour and understanding this is a key part of social work practice. The social work profession is guided by the AASW Practice Standards‚ which aim to provide a guide to practice‚ collective standards and expectations and can be used as a platform for ongoing professional
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Unit 504 TASK C REFLECTIVE ACCOUNT In my teaching I employ principles of learning in the following four areas: lesson planning‚ lesson structure‚ meeting learners’ needs and assessing learning. I like to do and use my session plan as it serves as a guide and makes me feel confident. I will set ground rules for standards of acceptable behavior. In communication theory‚ a linear style of transmission is used to communicate ground rules to my learners‚ although a circular model is used in developing/agreeing
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