the demand theory that pivots around the concept of the demand function‚ the theory of production revolves around the concept of the production function. A production function can be an equation‚ table or graph presenting the maximum amount of a commodity that a firm can produce from a given set of inputs during a period of time. The concept of production function portrays the ways in which the factors of production are combined by a firm to produce different levels of output. More specifically‚ it
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Among various aspects of Disaster Management‚ "communication" is one of the most critical requirement. The word "communicate" implies conveying of thoughts‚ ideas‚ warnings.‚ instructions‚ orders‚ command‚ knowledge and information. INTRODUCTION: Among various aspects of Disaster Management‚ "communication" is one of the most critical requirement. The word "communicate" implies conveying of thoughts‚ ideas‚ warnings.‚ instructions‚ orders‚ command‚ knowledge and information. In the context
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Homosexuality as a Master Status What defines a person? Is it something physically and biologically determined? Or is it behavioral and psychological? Perhaps it could be both. In most circumstances‚ people do not get to choose which of these characteristics define them. People judge other people—that is just part of human nature. Sometimes a person can have one trait or characteristic that tends to overshadow all else. Sociologists have come up with a name for this social phenomenon; it is master status.
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Urine production If body fluids are hypo osmolar‚ then kidney will produces hypo osmolar urine. (Dilute urine) If body fluids are hyper osmolar (dehydration) then kidney produces hyperosmolar urine. (concentrated urine) In the renal cortex the osmolarity of interstitial fluid is 300mOs/L going to 1200mOs/L in the papilla. From the cortex to the papilla there is an increasing hyper osmolarity of the interstitial fluid. Cortico papillary osmolarity gradient. Urine with osmolarity more than 300mOs/l
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Sugar was not only a stimulant to consumers but also for anyone else in the production of it‚ more and more sugar was being demanded‚ perhaps because of it accessibility or the money that came out of it. If it weren’t for producers‚ consumers‚ and entrepreneurs sugar production would not have been one of the biggest productions of a crop in the world. The organization of sugar met the needs of producers‚ because sugar production was profitable and did not consist of many owners; it met the needs of consumers
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THE PRODUCTION PROCESS :THE BEHAVIOR OF PROFIT-MAXIMIZING FIRMS THE BEHAVIOR OF PROFIT-MAXIMIZING FIRMS Production : The process by which inputs are combined‚transformed‚and turned into outputs. Firm : An organization that comes into being when a person or group of people decides to produce a good or services to made a perceived demand Three decisions that all firms must make: 1. How much output to supply 2. How to produce that output 3. How much of each input to demand a) PROFITS AND ECONOMIC
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To understand how growth can occur‚ we need to consider the factors of production. Economists observe that in the production of any good‚ four factors of production are involved. These are 1. Land The physical land‚ but also comprising all the natural resources on the earth‚ below the earth or in the atmosphere. There is a distinction between renewable and non-renewable resources. Renewable resources are those that can be used and replaced. For example‚ water in a lake can be used‚ but can
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1. Briefly describe salt production from brine production to finished round cans. Salt is produce by drilling the surface for about 2‚400 feet below. Then‚ water is infused in this cave; thus‚ salt is dissolved with the water. The resulting brine is then pumped in the surface‚ boiled and when it evaporates‚ salt crystals will occur with some moisture but can be removed through the drying process. This happen continuously for about 6 weeks but there will come a point where output will reduce (normal
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of shortening project schedules? In some situations project manager will have to get the project schedule shortened. One method for accomplishing this is by shortening the durations of the activities in the critical path. This can be done by allocating more resources to perform the activities or by making changes in the scope. Project Crashing and Fast Tracking are two methods useful for shortening the project schedule. Crashing is a technique for schedule compression. It makes
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1981-82. Average productivity increased to 2.3 tons per hectare (2.8 tons on irrigated farms) by 1983. By the late 1970s‚ the country had changed from a net importer to a net exporter of rice‚ albeit on a small scale. In the 1980s‚ however‚ rice production encountered problems. Average annual growth for 1980-85 declined to a mere 0.9 percent‚ as contrasted with 4.6 percent for the preceding fifteen years. Growth of value added in the rice industry also fell in the 1980s. Tropical storms and droughts
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