ECONOMIES OF SCALE Economies of scale are the cost advantages that a business can achieve by expanding the scale of production. That is‚ when long-run average costs (LRAC) fall. Overhead costs (fixed) are spread over more units produced. Overhead costs (fixed costs) are spread more when more units are produced. These lower costs are an improvement in productive efficiency and can benefit consumers in the form of lower prices. Units produced Total cost Average cost
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Background An indicator is a halochromic chemical compound that is added to a solution to determine its pH. It is a chemical detector for hydronium ions. The indicator changes colour to show the pH of the solution. Some indicates are not very precise and only tell us whether the solution is acidic or basic. When the indicator is added to the solution‚ they bind to hydrogen or hydroxide ions. The different electron configurations of the bound indicator cause the indicator ’s colour to change.
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Geologic Time Scale Introduction Understanding geologic time is critical to relating events in Earth’s history to those of today. Scientists use several forms of the geologic time scale to classify the age of objects and to become familiar with other events occurring simultaneously. In this lesson you will: · Examine how the geologic time scale summarizes Earth’s history · Analyze physical and biological changes that have occurred over time · Identify major events that occurred in geologic
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4 6 = purchase or behavioural intent scales A Behavioural intent scale has been used for number 4 and 6. It is a scale designed to assess the likelihood of a consumer purchasing‚ or behaving in a certain way. (Mullet and Karson 1985). This method was chosen to assess whether the respondent would agree or disagree with the given statement‚ based on their behaviour towards Kate Moss. Mullet and Karson (1985) “Analysis of purchase intent scales weighted by probability of actual purchase” Journal
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and a hole was drilled with a stir stick on the top of the taller cup to allow the stir stick and a thermometer reach the chemical reaction. With the calorimeter set up and ready‚ the experiment was ready to be conducted. The calorimeter was placed on a metric scale and tared. Then 2.5g of a substrate was measured out using a small scoop and placed in the calorimeter. A scale was used to control the amount of substrate to 2.5g in each trial. Then 20 ml of distilled water was measured using a 50
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Chemical Separation Introduction: The objective of this experiment was to extract the pigments from spinach leaves‚ perform Thin Layer Chromatography (TLC) on the spinach leaf extract‚ and then determine the best solvent mixture to use to separate the pigments in the extract. The pigments are located inside the chloroplast walls in the cells of the spinach leaves. In order to obtain the pigments the cell walls must be broken down thus exposing the pigment containing chloroplasts. Upon
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Faith Scales. Create in me a clean heart O Lord. (Psalm51) Intro. Create in me a clean heart O God. Let’s have a look at some definitions of clean. (Free dictionary.com) Clean is Free from dirt‚ stain or impurities; unsoiled. But To be clean is to be Free from foreign matter or pollution its Unadulterated: Has anyone ever watched how clean is your house? Yeah a tad mingling and always makes me want to jump up and clean‚ not that my house looks like that for a second‚ but Why do
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meaningful order. You can count but not order or measure nominal data. Only calculations based on the frequencies of occurrence are valid. Nominal scales have no numeric properties. Qualitative information is obtained from a nominal scale. This means objects are classified by name only. Counting is the only operation that can be performed on a nominal scale. Examples of nominal questions that may be used are: state of residence; gender; or hair color: blonde‚ brown‚ red‚ black. Ordinal Ordinal
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Industry Analysis * Industry is large and stable * Heavily regulated creates opportunities for supplies * Aggressive investment in new and current plants (new business for suppliers) * Slim margins manufacturers will likely put pressure on hygiene supplier prices. Industry KSP is to keep costs low Competitive Analysis: * Eco Lab + JDH major competitors * have large financial backing * hygiene suppliers compete on product formulations‚ price and service
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CASE STUDY 1: ZYCHOL CHEMICALS CORPORATION I. Problem(s): With all of the information gathered‚ has productivity increased at all? Should the accounting practices be further investigated? II. When I started the single-factor productivity analysis it looked as if productivity were headed in the right direction ’’ up. Because the outcomes of both the units per RMU and units per labor hours had an increase‚ 3.59% and 4.79% respectively. Even with the increase in cost per barrel from
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