in an oligopoly is economies of scale. Economies of scale generally refer to the cost advantages that will be associated with large organizations. Margaretta (2012‚26) suggests that companies pursue economies of scale in the belief that this will be decisive in determining a competitive advantage and increased profitability. Woolworths enjoys significant economies of scale in relation to its competitors. In the supermarket industry‚ benefits of economies of scale is usually achieved by buying products
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The Stanford Prison Experiment conducted in 1971 by Dr. Philip Zimbardo would not be able to be conducted these days. When conducting an experiment with humans there are many ethical guidelines that are to be followed. The rights and well being of the participants must be weighed against the study’s value to science. The people always come first‚ and research second. This was not the case in Dr. Philip Zimbardo’s experiment. I found that there were many ethical considerations
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Investigation: The Stanford prison experiment was originally intended to run for a fortnight. However it lasted only 6 days and was ended earlier than initially planned due to the terrible living conditions and psychological problems that developed as the ‘inmates’ and ‘guards’ interacted.. The experiment was run by Philip Zimbardo‚ Craig Haney‚ David Jaffe‚ and W. Curtis Banks. The test subjects were young male college students that were chosen from 75 volunteers. The volunteers had replied to
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Abstract:The Stanford experiment was performed by psychologists Craig Haney‚ W. CurtisBanks‚ and Philip Zimbardo. Their goal was to find out how humans deal with a position ofpower and a position of being powerless.. However‚ even though their experiment ended upwith great results‚ still‚ they were not able to finish it and the stanford prison experiment wasclosed after only 6 days. We reporformed the Stanford prison experiment that was done psychologists Craig. We broughtordinary college students
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begin to fall. Returns to scale can only occur when no factors of production are fixed. If the quantities of all of the factors of production are increased‚ then output will also increase. However‚ the amount by which output rises can either be proportionately more than the amount that the factors of production were increased by‚ proportionately less‚ or the same. These cases are called increasing returns to scale‚ decreasing returns to scale‚ or constant returns to scale. The law of diminishing
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The pH Scale is a scale made to show how acidic or alkaline a substance is. The pH of something is measured with pH paper which can vary from wide range paper‚ which covers all ph’s‚ but is not as accurate at some others. There are pH papers that get very specific that can have a range such as 2 or 3 and get much more precise. The neutral on the scale is 7. Anything that is below 7 is considered acidic and anything above 7 is considered alkaline. Acidic substances contain more H+ than OH-. H+
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Intro- name of the paper A team at Stanford University‚ led by Phillip Zimbardo‚ conducted the Stanford Prison Experiment to investigate causes of conflict between military guards and prisoners. Zimbardo and his team were seeking to observe the inherent personality traits of prisoners and guards and see if this was the chief cause of abusive behavior in these settings (Haney‚ Banks‚ and Zimbardo‚ 1973). This study is one that is well know and well-recognized. Zimbardo and his study are often discussed
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Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
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The following statements are issues regarding women in leadership roles. For many working class people some of these problems are more important than others. You will indicate the extent to which each statement applies to you. Beneath each statement there is a set of number used to express your opinion about the statement. For example: I feel that women are simple minded. -3 -2 -1 0 +1 +2 +3 Strongly Disagree Slightly Neither Slightly Agree Strongly Disagree Disagree
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The Stanford Prison Experiment‚ conducted by Philip G. Zimbardo‚ was performed to see the process that takes place where guards and prisoners "learn" to become authoritarian guards and compliant prisoners. (Zimbardo‚ 732). The prisoners and guards had many burdens of disobedience. In the beginning of the experiment‚ the "prisoners" were stripped of everything and emotionally torn down for being "disobedient". They were dehumanized in every way. They couldn’t speak to another unless they called
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