A market failure occurs when the allocation of good is not efficient. The externality is present if an economic activity (production or consumption) imposes costs on‚ or creates benefits for‚ third parties. If they impose costs on third parties they are considered negative externalities. Negative externality is a type of market failure. The government in London decided to impose tax on hauliers who use trucks that heavily polluted the environment. This is a negative externality since pollutions would
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Commentary on: Pecan market is a-crackin’ In the last few years the economic growth of China has caused the demand (and supply) of all kinds of nuts‚ especially pecans‚ to rise and producers are facing a challenge meeting the soaring demand‚ says “The Globe and Mail” October 18th 2010. Demand and supply are the quantity of a good or service that consumers and producers are willing able to purchase and produce at a given price in a given time period. Equilibrium is a state of rest‚ self-perpetuating
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Historical Investigation into; How were the Nazi Government able to benefit from the Reichstag Fire? Word Count: 1‚752 Section A: Plan of the Investigation The subject of this investigation is to study how the Nazi government was able to benefit from the Reichstag on fire in 1933. I will conduct research into this topic using primary and secondary sources. This evidence will be discussed in section B. Two key texts‚ A.J Nicholls‚ Weimar
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IB Math SL Portfolio Body Mass Index (Type II) AmyXu April 11th/2012 In this portfolio‚ there will be investigations on the topic of the relationship between females of different ages and their body mass index (BMI-a measure of one’s body fat). Body mess index is calculated by taking one’s weight (kg) and dividing by the square of one’s height. ___________________________________________________________________________ While growing up‚ the
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Outlining an IA for IB Economics Plan: I will be only talking about the first part of the article “ China commodity imports soar despite high costs” Identify economic concepts (vocabulary words) that explain content of article Demand for oil and copper Purchases of other commodities imports of unwrought materials raise retail fuel prices China’s crude imports will remain high in the upcoming months as oil firms still have a strong incentive to produce raise crude throughput to a new peak
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Determining the Enthalpy of Combustion of a Wood Chip IB Chemistry 12 September 18‚ 2014 Ryan Ingham Table 1: Raw data collected from the temperature probe and scale for the water‚ the aluminum can and the wood chip. (Quantitative) Quantity Initial Temperature (±0.1K) Final Temperature (±0.1K) Aluminum Can 46.29g (±0.01g) 296.5 314.7 Water 250g (±0.1g) 296.5 314.7 Wood Chip Before: 4.64g(±0.01g) After: 3.29g (±0.01g) NA
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Lacsap’s Fractions IB Math SL SL Type 1 December 11‚ 2012 Lacsap’s Fractions: Lacsap is Pascal backwards and the way that Lacsap’s fractions are presented is fairly similar to Pascal’s triangle. Thus‚ various aspects of Pascal’s triangle can be applied in Lacsap’s fraction. To determine the numerators: To determine the numerator (n)‚ consider it in relation to the number of the row (r) that it is a part of. Consider the five rows below: Row 1
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Design IA Research Question How Does Increasing the Intensity of Exercise Affect Respiratory Rate? Hypothesis My experiment will involve sprinting which is a very demanding and fatiguing sport. In order to increase the intensity of it‚ I will be increasing the weight the subject has to carry as he sprints. My hypothesis is that as you increase the weight‚ the respiratory rate will also increase. At rest‚ the average breathing rate for adults is 12-24 breaths per minute and for new born babies
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Plan of Investigation While watching National Hockey League (NHL) games‚ I often heard the play-by-play announcer mention at the start of the third and final period how it would be tough for a team to come back from a one goal deficit. This led me to wonder just how difficult it was mathematically‚ and how much previous periods affected the final one. In this project‚ I will investigate whether the scores at the end of the first period affect the final score of NHL games. I will gather the scores
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GPS AND TRIANGULATION GPS calculation works on the principle of the receiver (example the handheld GPS receiver on car or mobile) calculating the distance of that receiver from a set of known points. 1) The receiver needs to receive a straight line signal (also called line of sight) from the known point without reflection. The best things that can do that are satellites overhead. 2) To enable that‚ the US department of defence has setup 24 low earth orbit (LEO) satellites. They are called the
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