Assignment Questions (Semester 1‚ 2012) Microeconomics – Worth 20% of total assessment: Answer all five (5) of the following questions. Each question is worth 10 marks. Question 1: Explain and illustrate with diagrams the differences between diminishing marginal returns and decreasing economies of scale and cite causes and examples. (10 marks – 2.5 marks diagrams‚ 2.5 marks for explanation‚ 5 marks for causes / examples) Question 2
Premium Economics
distinguish macrosociology from microsociology‚ which focuses on the social activities of individuals and small groups. The micro-macro distinction forms one of the central dualisms characterizing divergent sociological perspectives. Seemingly polar opposites such as conflict-consensus‚ stability-change‚ structure-agency‚ subjectiveobjective‚ and materialist-idealist‚ as well as micro-macro‚ provide a shorthand method for denoting differences in central assumptions‚ subjects‚ and models. As with many other
Premium
order to be an effective middle school educator‚ it is imperative to understand the developmental complexity of young adolescents. Students aged ten to fifteen experience irregular personal changes that call for certain needs. Not only are students at this age diverse in their backgrounds‚ but also they are also diverse in their development. During the middle school years‚ young adolescents experience a number of intellectual‚ physical‚ social‚ emotional‚ and moral changes. Middle schools need to be developmentally
Premium Education Psychology Learning
significant that proper burials were not possible. Although the Black Death is very rare today‚ this disease during the medieval ages changed the social‚ economic‚ and religion of England. One way the Black Death affected England was through social changes. The Statute of Labourers says that peasants cannot refuse employment because the Lord offered the same wages as before the time of the Black Death (Ibeji). If they did refuse they would get imprisoned (Ibeji). Also there was an Ordinance of Labourers
Premium Black Death Bubonic plague Plague
was no gram positive contamination. Gram positive cells have a thick outer peptidoglycan layer that traps the crystal violet-iodine complex more than gram negative cells. As a result‚ they are less vulnerable to the de-colorization step with alcohol making them appear purple in color‚ while the gram bacteria negative appear pink. Triple sugar iron agar slant tests for multiple things: sugar fermentation of glucose‚ lactose‚ and sucrose‚ and the production carbon dioxide and hydrogen sulfide. The gases
Premium Staining Gram staining Enzyme
resources that nature and previous generations have provided. There are many reasons to study economics‚ including 1.To learn a way of thinking 2.To understand society 3.To understand global affairs 4.To be an informed voter Economics has three fundamental concepts: a. Opportunity cost‚ b. Marginalism‚ and c. Efficient markets. a. Opportunity cost is the best alternative that we forgo‚ or give up‚ when we make a choice or a decision. b.Marginalism and Sunk Costs: Suppose‚ for example
Premium Economics
Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment‚ the micro environment still has an important role to play. In summary‚ the macro environment is involved with the industries‚ companies‚ markets‚ clients and competitors‚ while the micro environment can be represented by the suppliers‚ competitors
Premium Economics Economy Environment
study aimed to introduce the combination of ginger and vinegar in order to make a nature-friendly insecticide. For the successful completion of our study‚ we would like to express our deepest gratitude to all the people who patiently helped us in making this study possible. We would like to thank first and foremost the Lord God Almighty for His never ending grace; our teacher for giving us the knowledge and advice to finish this project with ease and also to our loving parents who are always there
Premium Ginger Vinegar Acetic acid
Contents INTRODUCTION 4 DECISION MAKING 4 Programmed Decisions 4 Non-Programmed Decisions 5 THE RESPONSIBILITY FOR MAKING DECISIONS 5 ELEMENTS OF THE DECISION SITUATION 6 - The Decision Maker 6 - Goals to be Served 6 - Relevant Alternatives 6 - Ordering of Alternatives 6 - Choice of Alternatives. 6 THE RATIONAL MODEL OF DECISION MAKING 8 Steps in the Decision Making process 8 Identifying an Existing Problem 9 Listing Alternative Solutions 10 Select the Most Beneficial Of These
Premium Decision making Decision theory
The Event: The mixer beats the egg yolks in a spiral motion‚ as the sugar is being added to the eggs. Due to the fat content of the egg yolks‚ the yolks are isolated from the egg whites to avoid the deflation in the rising of the whites. Two separate batters consisting of the egg whites which were whisked until it became frothy and the egg yolks were then mixed together with butter using a spatula in folding motion. After which a sifter was used to add the flour and the cocoa powder into the mixture
Premium Baking Butter Egg yolk