differences between the Stanford Binet Intelligence Scale and the Wechsler Intelligence Scale. Intelligence: According to the Oxford Dictionary in psychology terms intelligence is the general mental ability involved in calculating‚ reasoning‚ perceiving relationships and analogies. It is also the ability to learning quickly‚ storing and retrieving information‚ using language fluently and adjusting to new situations. Stanford -Binet Intelligence Scale In 1857-1911 Alfred Binet invented the method
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Economies of scale The long run – increases in scale A firm’s efficiency is affected by its size. Large firms are often more efficient than small ones because they can gain from economies of scale‚ but firms can become too large and suffer from diseconomies of scale. As a firm expands its scale of operations‚ it is said to move into its long run. The benefits arising from expansion depend upon the effect of expansion on productive efficiency‚ which can be assessed by looking at changes in average
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Returns to Scale Returns to scale is a concept that tries to explain the behaviour of the output in relation to the change in the total scale of operations of the firm. A change of scale of operations means a change in the total size of the firm‚ i.e. a change in both labour and capital of the firm. For determining the returns to scale‚ we need to calculate the Output Elasticity where: Output Elasticity = % change in Output/% change in all inputs The different types of returns to scales are:
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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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four days‚ before moving half of the rats to a new location and injecting them with a larger amount of ethanol. The rats that stayed in the same location remained relatively healthy‚ while nearly two-thirds of the rats in the new location died of alcohol poisoning. A similar experiment involving rats and morphine showed that the body can overcompensate for the expected effects of a drug when presented with a smaller dose. Rats were given relatively large doses of morphine for several days‚ and when
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Public Interest Lawyering Project A Survey on Substance Abuse among the Youth in India Contents 1. Introduction 4 2. Statement of the Problem 7 3. Objective of the study 8 3.1. Broad Objective 8 3.2. Specific Objective 8 4. Methodology / Research Design 9 4.3. Statistical tools employed 10 4.4. Geographical Coverage 10 4.5. Unit of Data Collection 10 5. Findings 11 5.1. Pie – Chart No. 1 11 5.2. Pie – Chart No. 2 12 5.3. Pie – Chart No. 3 13
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ECONOMIES OF SCALE Economies of scale are basically the increase in efficiency of production as the number of goods being produced in a firm increases. Typically‚ a firm that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an increased number of goods. Fixed costs are those costs of production that do not change when output changes. There are two types of Economies of Scale: Internal economies External economies Internal
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in the advertising media is more a social‚ cultural and economic problem than purely a physical one. The subjection of woman to indecent representation is a global one.” http://www.gather.com/viewArticle .action?articleId=281474976719311 Women in ads represent what the society holds as an ideal image of her. The depiction of women in the advertisement signifies the greater patriarchal power and dominant male discourse which is vividly present in the society. The women are almost the puppet of the
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The Braden scale can identify if an individual is at risk for developing pressure ulcers. The Braden scale has a numerical (6-23) rating system based on ones sensory perception‚ skin exposure to moisture‚ physical activity‚ mobility‚ nutrition‚ and risk for friction and shearing (Braden‚ Maklebust‚ & Maklebust‚ 2005). A lower Braden Scale Score is and indicator that an individual is at a greater of developing a pressure ulcer due to ones lowers level of functioning. Whereas a higher score indicates
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Chrysler also known as Americas ‘Big Three’ automobile companies are located in this city. The concept of External Scale Economies can help us explain why these three major companies are located in this area. Scales economies are important for a country because they represent a growth in its economy. Companies are able to produce more products or services at a lower cost of input. “External scale economies are based on the size of an entire industry within a specific geographic area.”1 These companies bulk
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