Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
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Kroenung English 1 (7) 26 April 2013 Extreme Measures Have you ever tried to change yourself just to fit in‚ or even to make yourself seem more likeable? People seem to change themselves just to fit into society today‚ or maybe even to be noticed more by others. Whether it is getting plastic surgery to enhance your beauty‚ or giving somebody that first impression‚ everyone seems to at least change themselves a bit to be accepted into society. This is what the women in Snow Flower and the Secret Fan
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Economies of scale Definition Reduction in long-run average and marginal costs‚ due to increase in size of an operating unit (a factory or plant‚ for example). Economics of scale can be internal to a firm (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry). Diseconomies of scale Definition Increase in long-term average cost of production as the scale of operations increases beyond a certain level
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Economies of scale are the main drivers of corporate gigantism in the 20th century. Economies of scale simply refers to the cost benefit achieved with an increasing output / product unit. Economies of scale exist due to the inverse relationship between quantity produced and per-unit fixed costs ; the higher the quantity produced‚ the lower the cost per unit. Economies of scale can be seen in an orange juice production. The more orders ‚ or the more fruits‚ the growers harvest‚ the more savings
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University’s wooded areas‚ the oldest was created in 1989 the second was created in 1994 and the youngest plot was created in 1999. For the hypothesis to be tested‚ there were soil PH meters to test the amount of PH in each plot’s soil. The hypothesis was incorrect; there was not a significant difference in the means of the PH from the oldest plot compared to the youngest plot. Introduction The definition of vegetation is plants considered collectively especially those found in a particular area
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PHILIPPINES TO LEAPFROG TO BE THE 16TH LARGEST ECONOMY BY 2050 ACCORDING TO IMF The Republic of the Philippines is one among those list of developing economy and owns the possibility of being one of the fruitful nation in the next succeeding decades. Our country is highly expected to jump 27 places to become the 16th largest economy by the year of 2050 as projected by The Hong Kong and Shanghai Banking Corporation International Bank. Resounding softly across the 7‚100 islands that form the Philippines
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Buffers‚ and pH‚ and Diffusion oh my The pH of a solution is the measure of the concentration of charged Hydrogen ions in that given solution. A solution with a pH lower than seven is considered to be acidic. A solution with a higher pH is a base. It is very important for organisms to maintain a stable pH. Biological molecules such as proteins function only at a certain pH level and any changes in pH can result in them not functioning properly. To maintain these constant pH levels‚ buffer solutions
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------------------------------------------------- COLORIMETRIC DETERMINATION OF pH ------------------------------------------------- Abstract This experiment examined the result of the various color indicators combined with different buffer solution‚ thereby testing the precision and accuracy of determining the pH value colorimetrically. Colorimetric method is a simple and practical procedure with an important advantage: they do not get out of order as from time to time do the pH-meters. Four buffers (Acetate buffer‚ phosphate
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Grading Scale 2 Robert Hernandez English 102 Research paper Grading Scale Anyone who has attended a high school or college will readily say that one of the most stressful aspects of the entire experience is grades. Students will loose hours of sleep per night poring over textbooks‚ clutching a pen in one hand and a mug of Starbucks coffee in the other. They soon foster an obsession with achieving and maintaining perfect grades to the point where anything that earns less than "A" is a disgusting
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pH and Microbial Growth Introduction: Each organism has an optimum environment for growth‚ which includes pH level. Organisms that grow at near neutral pH levels are called neutrophiles. Those that grow best in acidic pH values are called acidophiles. Others‚ yet‚ grow best in alkaline pH values and are called alkaliphiles. In this lab‚ each group was assigned an organism‚ which was then used to inoculate 6 different pH levels. Materials and Methods: Followed lab procedure 29‚ “pH and
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