Chapter 11: Problems 2(a‚ b)‚ 4(a‚ c)‚ and 6 2. Ajax cleaning Products is a medium sized operating in an industry dominated by one large firm Tile King; Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Title King to avoid the possibility of price war. The price charged by Title King is $ 20‚000. Ajax has the following short-run cost curve: TC = 800‚000 - 5‚000Q + 100Q^2 a) Compute the marginal cost curve for Ajax answer: Marginal Cost
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Adrian Penalver‚ Victoria Saporta‚ and Hyun Song Shin‚ (2004).‚ Optimal Collective Action Clause Thresholds. Bank of England Working Paper. [26] Harsanyi‚ John C. 1973. “Games with randomly disturbed payoffs: a new rationale for mixed-strategy equilibrium points.” International Journal of Game Theory‚ 2‚ pp. 1-23. [27] Hendricks‚ Ken‚ Andrew Weiss‚ and Charles Wilson. 1988. “The War of Attrition in Continuous Time with Complete Information.” International Economic Review‚ 29:4‚ pp. 663-80. [28] Holley
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esterification reaction that was carried out in this lab is shown in figure 1. It worth mentioning that the by-product of such reaction is water. In organic chemistry‚ the reaction in which water molecule is released is known as condensation reaction (Hornback‚ 2006). Figure1 is drawn using Chem Sketch software. a) b) Figure 1: Typical Fischer esterification reaction (a) in comparison to the specific esterification reaction used in this lab (b) The reaction can also be categorized in terms of
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Moment of Inertia and Rotational Motion Garret Hebert PHY 2311 Tues 1:00 garret.hebert@hindscc.edu Abstract: During this lab we will study what rotational Inertia is and how different shapes of masses and different masses behave inertially when compared to each other. We will specifically study the differences of inertia between a disk and a ring. We will use increasing forces to induce angular acceleration of both a disk and a ring of a certain mass. We will then then measure the differences
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The experimental membrane we used in this lab acted as a barrier in which only a small number of molecules can pass through. In this experiment we wanted to show the process of osmosis‚ in which water passes through the aforementioned barrier. Osmosis is critical to life because the process regulates
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Homeostasis Lab The Effects of Exercise on Homeostasis |Student Name |Serena Gray | |Date |09-07-2012 | Objectives Students will • Identify conditions that need to stay constant to keep the body in equilibrium. • Describe how organisms maintain stable internal conditions while living in changing external environments.
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280.5-1 yq=-xq+0.56 Under the minimum reflux ration condition‚ TOL and q-line intersect on the equilibrium curve. Therefore‚ q- line is plotted on the Ethanol – water equilibrium curve‚ through the point xF‚xF≡0.28‚ 0.28 with an intercept of +0.56. Top Operating Line for the minimum reflux ratio is plotted through the point xD‚xD≡0.81‚ 0.81 and the point of intersects of q-line with equilibrium curve. Under this condition‚ intercept of top Operating Line (+0.4) gives the value of1Rmin+1×0.81
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Study of Solubility Equilibrium of Potassium Hydrogen Tartrate Wang Haina 1. Aim 1. To determine the solubility of potassium hydrogen tartrate (KHT) at various temperatures from 10°C to 50 °C‚ and determine the corresponding Ksp at these temperatures. 2. To obtain the changes in enthalpy and entropy of the dissolution of KHT from the dependence of Ksp on temperature. 2. Results and discussion 2.1 Collection of data A portion of KHT (1 to 1.5 g) was added into about 100 mL of deionised
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Osmosis Lab Problem: What’s the order of the concentration for each solution and how does it affect the movement of water? Hypothesis: Experimenter thinks the order of the solutions according to their concentration is D‚A‚E‚C‚B‚ from smallest. And the water will pass through semipermeable tubing bag from low to high concentration to thin the concentration inside the bag. Osmosis is a diffusion of water particles and is one of the passive transport that the molecules try to reach equilibrium is
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Table 1. Find the short-run equilibrium price when the market consists of these 10 firms. (You should assume that these 10 firms act as price takers.) Task 3: Assume that there is large number of potential entrants with cost curves given by those in Table 1. Given this‚ what is the long-run equilibrium price in this market? At this price‚ how much does a typical firm supply? How many new entrants come into the market? What is the profit of a firm of at this equilibrium (taking into account the initial
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