1. Demand Curve for Oligopolistic Market. Above the kink‚ demand is relatively elastic because all other firms’ prices remain unchanged. Below the kink‚ demand is relatively inelastic because all other firms will introduce a similar price cut‚ eventually leading to a price war. Therefore‚ the best option for the oligopolist is to produce at point E which is the equilibrium point and the kink point. This is a theoretical model proposed in 1947‚ which has failed to receive conclusive evidence for
Premium
RELATED KEYWORDS: unemployment|silver|Gold|Federal Reserve|bullion market|bullion Gold down by Rs 40 on poor demand Email this article Print this article Share on Reditt Newsvine Google Bookmarks Live Bookmarks Technorati Yahoo Bookmarks Blogmarks Del.icio.us ApnaCircle Tweet The author has posted comments on this articlePTI | Oct 6‚ 2012‚ 03.20PM IST NEW DELHI: Gold continued it downward spiral for the fourth straight day in the bullion market here on Saturday by losing Rs 40 to
Premium Gold Precious metal Silver
For the percentage yield is 39.08% which is less than and not 100%‚ by this‚ it can be concluded that the reaction is non-stoichiometric. The low yield can be explained by the following ways: The presence of reversible reaction-for the reaction between ethanol and ethanoic acid‚ it is reversible and which is only considered to be irreversible for simplicity of calculations. For reversible reaction like this‚ the ethanol and ethanoic acid will not be totally converted to ethyl ethanoate but until
Premium Chemistry Oxygen Carbon dioxide
Should everyone who does not hold a job be considered “unemployed”? To help with your answer‚ draw a supply and demand diagram depicting the labor market. What is measured along the demand curve? What factors determine the quantity of labor demanded during a given period? What is measured along the labor supply curve? What factors determine the quantity of labor supplied by the households during a given period? What is the opportunity cost of holding
Premium Supply and demand Inflation
a. Loss Method: NRCS Curve Number Method The U.S. Natural Resource Conservation Service (NRCS) (formerly the Soil Conservation Service (SCS)) Curve Number method used in this study estimates the effective rainfall as a function of the cumulative rainfall‚ the land use‚ the soil type and the antecedent moisture condition of the soil. The model is described in detail in the National Engineering Handbook (NEH) (NRCS 2004). It was created based on the analysis of a large number of small and gauged agricultural
Premium Water Hydrology Precipitation
Construction of a Standard Curve for the Determination of Protein Concentration 09/13/12 PCB 3023-007 Results Figure1: Standard curve. This graph was constructed from the fixed amounts of Bovine Serum Albumin (BSA). Varying amounts of BSA at a concentration of .5µ/µl were mixed with the water and 1mL of coomassie dye. The equation y=0.0259x +0.0511 represents the best fit line for a data set taken from µg of protein equals two to ten µg. Optical density (OD) was surveyed using a Mach
Premium Serum albumin ELISA Multiplication
Which color of the spectrum of sunlight yields the highest temperature? My hypothesis is that the blue/violet part will have the highest temperature. The blue/violet part has the highest frequency out of all the colors on the visible light spectrum and it also has the highest amount of energy. Therefore‚ I hypothesize that it will have to the highest temperature as well. After conducting the experiment‚ I noticed that during the duration of five minutes‚ the temperatures of all four thermometers
Premium Temperature Light Energy
Preparation of Standard Solutions and Use of a Spectrophotometer to Measure the Concentration of an Unknown Solution Introduction Concentration is the ratio of the quantity of solute to the quantity of the solvent or the quantity of solution. By knowing this‚ CO(NO3)2 *6H2O Purpose What is the percent transmittance of six different solutions of cobalt (II) nitrate hexahydrate using a spectrophotometer? Materials * Graduated cylinder (10 mL) * Graduated cylinder (25 mL) * pipet
Premium Concentration Laboratory glassware Solution
QUESTION 1 Why would an engineer be interested in yield strength of a material for a particular application? In civil engineering‚ an engineer should always be concerned in yield strength of a material for a particular application. Yield strength is defined as the point where materials begin to deform plastically. Before the prior of yield strength the materials deform elastically and will return to its original shape when the applied stress is removed. The knowledge of this is important for engineers
Premium Construction Building Engineering
Sam Herrick November 15‚ 2009 Case Study 3 Too Far Ahead of the IT Curve: Peachtree Healthcare Peachtree Healthcare CEO Max Berndt has been faced with a dilemma within his company. There has been a major IT infrastructure problem within his company for some time now. Since technology has taken over in the healthcare field‚ it is imperative that Peachtree Healthcare get the ball rolling and get the technology needed so they can be trusted and well known within the healthcare industry. After
Premium Risk Trustee Learning