price to fall until it was equal to the minimum point of the long-run average cost curve (at that point‚ there would be no supernormal profit remaining and hence firms would stop entering and the price would stop falling). 2. If the industry under perfect competition faces a downward-sloping demand curve‚ why does an individual firm
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Yidi Wang (Joseph) WR 98 Summary of “College Pressures” In the article “College Pressures‚” William Zinsser analysis the four reasons which cost pressures on college students: economic pressure‚ parental pressure‚ peer pressure‚ and self-induced pressure. All college students are under the shadow of these four kinds of pressure. The pressure is so heavy that current college students couldn’t enjoy their college life. Zinsser first cites some messages from a students and the dean to show how
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The novel I chose to write about was called Perfect Chemistry by Simone Elkeles‚ which is part of a series. In this novel‚ one of the main character’s name was Alex Fuentes and he was a teenager‚ Chicano‚ part of the working class‚ a gangster‚ with a single mother and two brothers. The other main character in this novel was a teenage girl named Brittany Ellis and she was Caucasian‚ from a wealthy family‚ has a mother and father‚ and a disabled sister that she needs to take care of. In this novel
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Production and Perfect Competition ECON220 The firm currently uses 50‚000 workers to produce 200‚000 units of output per day. The daily wage per worker is $80‚ and the price of the firm’s output is $25. The cost of other variable inputs is $400‚000 per day. Assume that total fixed cost equals $1‚000‚000. Calculate the values for the following four formulas: • Total Variable Cost = (Number of Workers * Worker’s Daily Wage) + Other Variable Costs • Average Variable Cost = Total Variable Cost
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Utopia :often Utopia An ideally perfect place‚ especially in its social‚ political‚ and moral aspects‚ and an impractical‚ idealistic scheme for social and political reform. Each person has their own vision of utopia‚ the above sentance is Oxford’s Dictionary’s definition of it. Utopia means an ideal state‚ a paradise‚ a land of enchantment. It has been a central part of the history of ideas in Western Civilization. Philosophers and writers continue to imagine and conceive plans for an ideal state
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Management of a Pressure Sore This essay analyses the assessment tools used and care given to a patient with a grade 2 pressure ulcer on the lower part of the sacrum‚ and at potential risk of further skin breakdown. The essay begins with an overview of what pressure ulcers are and the prevalence and incidence of pressure ulcers. The paper goes on to evaluate the assessment tools used and the care plan that was implemented for the patient ‚ the essay then discusses the impact of the pressure ulcer on
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Peer pressure is real. Like a disease it infects the mind and moves into the heart tearing the definition of your original being apart. It has no remorse‚ like a deadly lion on the hunt for prey it marks its weak target carefully and attacks with deadly precision. By definition‚ peer pressure is the strong influence exerted by those who you associate with. Peer pressure starts when kids start growing older and have a sense of the world‚ and an opinion to go with it. Some of us are smart enough to
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Pressure switch |[pic][pi| |c] | A pressure responsive switch senses a change in pressure and responds to such changes by alternately making and breaking an electrical connection. Pressure-sensitive switches are used in a variety of applications where it is desired to switch apparatus on or off at predetermined pressures. These switches are utilized in a wide variety of applications‚ as in automobiles [pic] ‚ aircrafts and in various other environments. Pressure switches include set-point
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Peer pressure is when a person is forced or under strong influence from their friends to do something be it good or bad. Peer pressure can have both positive and negative effects. Hence this essay will discuss about the positive and negative effect of peer pressure. Firstly‚ a little peer pressure can be a tool to motivate students to achieving great heights. For instance‚ when a weak student is struggling with his studies‚ his classmates can help by encouraging him in every little improvement he
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A group of philosophers are tasked with the creation of a perfect city in which everything within the city is considered to be just and healthy. In the hypothetical city they’ve named Kallipolis‚ Socrates explains to his cohorts that he has divided the people inside the city into three distinct classes. At the top of the list‚ he places the guardians who have gold souls and who are considered the elites; below the guardians rest the auxiliaries who have silver souls; and below everyone else‚ lay
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