additional satisfaction of consuming each product up to N and multiply by its price. B. add the total satisfactions of consuming each product up to N. C. multiply the additional satisfaction from consuming the Nth product by its price. D. multiply total satisfaction from consuming N products by N. 2. Suppose that the following table lists the utility that Steve receives from consuming oranges at 50 cents apiece. What is the marginal utility of increasing consumption from 2 to 3 oranges? [pic]
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Price controls are usually justified as a way to help consumers‚ but those who advocate them often ignore their incentive effects. Consider‚ for example‚ rent controls‚ a popular form of a price ceiling. If the demand curve and the short-run supply curves are inelastic‚ then a sizable drop in rents may result in a very small shortage. The benefits to consumers (lower prices) will‚ in the judgment of most‚ clearly outweigh the costs to consumers (less housing). Further‚ the short-run supply of housing
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What Would You Do to Be Successful Being a kid with a learning disability can be stressful and challenging in everyday school. I can understand the benefits of online schooling‚ because I experience what the students with learning disabilities go through on a daily basis. Online schooling benefits students that want to get done with schooling early‚ students with with learning disability‚ and some students that wanna be successful in life more. Students at Mona Shores would benefit more
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"W.W.Y.D" Society is quick to judge and people are quick to stereotype other people. In the show "What Would You Do" three people were trying to steal a bike. The first one was a white male and most of the people just walked by or asked "Is that your bike‚" and his reply was "No‚" then the people just kept walking by and didn’t even try to stop him. There was roughly 100 people an hour that just walked by until an old couple walked up and tried to stop him. Next‚ was a black male and the first
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Neuman’s system model encompasses nursing practice and relates interventions to stressors the client is experiencing. These stressors can be physiological‚ psychological‚ sociocultural‚ developmental‚ and spiritual. The overall goal of the model is to facilitate the client and family to obtain maximal level of wellness through stress reduction and interventions. This model is used to identify stressors of the client and to intervene before the stressor causes symptoms or further problems for the
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minimum efficient scale (MES)The minimum efficient scale (MES) is the output for a business in the long run where the internal economies of scale have been fully exploited. It corresponds to the lowest point on the long run average total cost curve and is also known as the output of long run productive efficiency. The MES is rarely a single output - more likely it is a range of output levels where average cost is minimized where the firm achieves constant returns to scale. The MES will vary from
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If Not Now‚ Then When? The proposal for the so-called "K+12" model of education has been on hold since 1925. There are so many proposals that has been on the table but all of them failed to realize due to propaganda by anti-"K+12" groups. But in this light‚ we commend the Department of Education‚ headed by Bro. Armin Luistro for having the will to push this long-due overhaul of the education system. If not now‚ then when? The time is NOW. In a world where knowledge goes obsolete at a faster rate
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What Would Happen If Half Of The Canadians Died? By Steffi Bael Have you ever wondered what would happen if half of the Canadians died? Well in the next few paragraphs I will be explaining what would happen. Hypothetically speaking‚ if half of the population in whole Canada vanished‚ definitely a severe suffering of economy would happen. We are all independent on our resources for living‚ natural and especially the human
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French fashion label founded in 1983 by Jean-Lou Tepper‚ Jacques Nataf and Philippe de Hesdin. In 2004 their Australian clothing line ran a campaign asking the question “What would the world be without women?” In one particular advertisement we see a average man dressed in women’s clothing and holding a baby‚ with the question “What would the word be without women?” However the Australian clothing may have had the best intentions at heart to empower women and to challenge culture. This ad is asking
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Full of Ourselves PLUS is a prevention program centered around adolescent girls ages 11-13. The objective of this program is to teach adolescent girls‚ “to integrate eating disorder and obesity prevention programs with the goal of improving body-esteem‚ physical activity‚ and nutritional habits for adolescent females”(Reel et al. (2010) pg. 110). They did this by holding an 8-week program with 1.5 hour sessions every week‚ where they engaged in activities such as: building their own snack‚ group
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