Human Sexuality 21 Professor Lanoix December 4‚ 2012 Pros and Cons of the Kinsey’s Scale Sex was such a horrible topic to talk about‚ but a biologist of Indiana University introduced a scale that broke the silence. The silence changed due to this biologist named Alfred C. Kinsey (1894-1956). Kinsey broke the silence because before the scale everyone would keep their sexual orientation to themselves and most likely did not tell anyone. In other words‚ he was a great influence to people because
Premium Homosexuality Sexual orientation Bisexuality
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
Premium Economics Average cost Cost
Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
Premium Economics of production Microeconomics Costs
2.1 Strength In the article by Howard Cranford (May 2013)‚ McDonald’s possesses good market share. It has the largest fast food market shares in the world with outlets from over 100 different countries. Heavily invested in advertising‚ McDonald’s spends almost $2 billion in advertisements yearly. Customers are aware of McDonald’s latest promotion and products from TV commercial‚ leaflets and signboards. In addition‚ McDonald’s has a superior reputation. Its brand recognition is valued at
Free Fast food Nutrition Food
Economies of scale Definition Reduction in long-run average and marginal costs‚ due to increase in size of an operating unit (a factory or plant‚ for example). Economics of scale can be internal to a firm (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry). Diseconomies of scale Definition Increase in long-term average cost of production as the scale of operations increases beyond a certain level
Premium Economics of production Microeconomics Cost
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
Premium Cost Costs Economics
------------------------------------------------- COLORIMETRIC DETERMINATION OF pH ------------------------------------------------- Abstract This experiment examined the result of the various color indicators combined with different buffer solution‚ thereby testing the precision and accuracy of determining the pH value colorimetrically. Colorimetric method is a simple and practical procedure with an important advantage: they do not get out of order as from time to time do the pH-meters. Four buffers (Acetate buffer‚ phosphate
Premium PH indicator PH
Name: ADITYA VATS MBA (LSCM) Sem I Batch 2013-15 Measures of Dispersion – Comparison of Cargo shipped via Airline Vs Rail Sector for last five years In statistics‚ dispersion (also called variability‚ scatter‚ or spread) denotes how stretched or squeezed is a distribution (theoretical or that underlying a statistical sample). Common examples of measures of statistical dispersion are the variance‚ standard deviation and interquartile rang..
Premium Median Standard deviation
Grading Scale 2 Robert Hernandez English 102 Research paper Grading Scale Anyone who has attended a high school or college will readily say that one of the most stressful aspects of the entire experience is grades. Students will loose hours of sleep per night poring over textbooks‚ clutching a pen in one hand and a mug of Starbucks coffee in the other. They soon foster an obsession with achieving and maintaining perfect grades to the point where anything that earns less than "A" is a disgusting
Premium High school Sleep
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
Free Economics Management Costs