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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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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CEZANNE Within this Essay‚ I will compare two artist ’s plates‚ outlining the key differences between them - Plate 1.3.24 Cezannes Jug and Fruit (1885-87) and Plate 1.3.30 Zubarans Still Life with Lemons‚ Orange and a Rose (1663). Although both pictures are of still life objects‚ they way in which they have been painted are quite different and therefore give the viewer quite different experiences. Composition The composition of both plates are Cézanne ’s Jug and Fruit (Plate 1.3.24)‚ and Zurbarán
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This picture shows the big fire which is strong and spread quickly at petrol station in Viet Nam. The force firefighter with many firemen who are working very hard in an effort to control the fire. They are wearing dark-blue clothes‚ red helmets and whitish face mash without gloves‚ goggles and oxygen tank. In the left of picture‚ one firefighter is running and holding his helmet beacause he is afraid of that it is out of his head. Maybe his helmet which is very important to a fireman‚ is bad or
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Soli Gustafson Honors English Mr. A Lee Period 3 11/16/13 Major Essay: Compare and Contrast Pictures and Words Movies have long been struggling to capture a book in pictures and sound and have long been failing. So much more can be put into a few pages of a book than ten minutes of a movie‚ and books can be much longer without the author worrying about the reader losing interest. Anyone who has read and liked the book before going to see the movie will automatically find the book to be far
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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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that there are no existing rules in this world‚ can you picture what would our surroundings will look like? – What I see is a world full of misery and sufferings. Because without these rules there is no such thing as respect and rights because nothing should be followed and looked upon so don’t expect that kindness will ever exist. Report by Aisha Raja Abdul Rashid As the word "Rules" resounds by manner of utterance or by manner of being read off a page‚ universally‚ the human race perceives
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Picture Bride Picture Bride‚ released in 1995 and directed by Kayo Hatta‚ tells the story of many women living in Japan who were chosen to be brides by Japanese farm laborers living in Hawaii. The choice of the bride was based on their pictures. In this movie‚ Riyo wanted to leave Japan because her parents were killed by tuberculosis. She had heard great things about the paradise in Hawaii‚ and she agreed to be a picture bride. Riyo’s new husband was Matsuji‚ and based on his picture he seemed
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