MEC 290 Problem Set #5 –due 4/1/2013 1 Problems 1. Consider the following production function‚ f (L; K) = p L+ 1p K‚ 3 where L is the quantity of labor‚ K is the quantity of capital‚ the wage rate is w; and the capital rental rate is r. (a) Compute the M RT SLK : Assume K = 81 and L = 25: Display the M RT SLK on the implied isoquant. (b) Does this production function display‚ decreasing‚ constant or increasing returns to scale? (c) (Short run) Suppose that the …rm has a binding agreement
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Using material from Item A and elsewhere‚ asses the view that working-class children under-achieve because they are culturally deprived. Cultural Deprivation Theory is an explanation of working-class (WC) underachievement in society. Cultural deprivation is WC families lacking the same values as the middle-class (MC) families. This reflects on the WC children‚ who‚ according to cultural deprivation theorist‚ are under stimulated compared to MC children. WC children are less likely to succeed‚ because
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Rap and hip-hop are two of the most popular genres of music. Rapping is a form of art‚ that lets any person express their views of life from whomever or wherever they may be‚ rich or poor. Their history traces back to the schoolyards and ghetto neighborhoods of the South Bronx‚ with young children just putting a beat to the stories about their lives and hidden truths of the world. Now‚ rap and hip-hop top the Billboard charts‚ and have emerged as two of the most influential cultural forces of our
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A Long Walk to Water Packet Chapter One: 1.The main character in the first storyline is Nya. 2. Nya is eleven years old. 3.The main character in the second storyline is Salva. 4. Salva is at school when the story begins. 5. Salva is tibe is called Dinka. 6. Salva is eleven years old. 7. Salva realizes he lucky because he has a lot of of cows‚ which means his family is well off. 8. Salva family is considered rich for having a lot of cows. He has two sisters who keep care of the house with his mom
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McDonaldisation The term ‘McDonaldisation’ was coined by American sociologist George Ritzer in The McDonaldisation of Society (1993). In The McDonaldisation of Society Ritzer describes the process of McDonaldisation as “the principles of the fast-food restaurant […] coming to dominate more and more sectors of American society as well as the rest of the world”‚ in other words society taking on the characteristics and principles of a fast-food restaurant – in this case the globally popular McDonald’s
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Same Love That is so gay. You are a faggot. Take a second and think about how many times you encounter these phrases on a daily basis. Derogatory terms such as these are some among many other hateful anti-homosexual sayings that are used regularly by adolescents across the country. Why? How have these revolting expressions become part of all of our daily vocabularies? How have the terms ‘gay’ and ‘faggot’ become synonymous with ‘lame’ or ‘not cool’? With the youth of our nation bred into constant
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Evolution of Hip-hop Hip-hop has many credited fathers; all who have enhanced hip-hop-adding their own style and feel to the new more relatable sound. Hip-hop began as a solution for young people who could not relate to other genres of music such as‚ funk‚ soul‚ and disco. As more faces joined the evolution‚ hip-hop changed and transformed into something much larger than anyone could have ever imagined Despite what the media or rumors state‚ hip-hop originated in the poverty-ridden streets of Bronx
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are taken and only the toughest survive. Yet‚ for some odd reason‚ society was taking it as if it were truly valuable and created happiness. There is a song today everyone knows or at least has heard a piece of that emulates this belief‚ Survival by Eminem. Throughout the song it talks about survival of the fittest and how the toughest get ahead. Suge Knight from Death Row Records wanted everyone to believe that the “hardcore-gangsters in Southern California‚” have a good time listening to‚ watching
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Rock music emerged in the second half of the 20th century‚ forever altering the landscape of popular music. The new sound‚ articulated the passions and beliefs of a new generation‚ and has since influenced a wide range of genres‚ from folk to disco to hip-hop. The musical stylings that have accompanied the social‚ cultural‚ and political developments of the late 20th and early 21st centuries form the subjects of these entertaining and informative volumes. 1920’s – 1940’s In the mid-1920’s
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A lot of people have gone against rap artist for their negativity on their massages and they believe that rappers encourage others to become aggressive. But Rappers went on the defensive and their argument was that Gangsta rap was only a reflection of the hardships they faced out in the real world. The content of these songs had shootings‚ gang violence and substance abuse to women. It was taken in as an ugly picture. In my opinion‚ I do not like this gender of music‚ but their lyrics open the eyes
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