as seen in the past. This volatility is not a good sign for a stable revenue flow. Also the inelasticity is coming under scrutiny as surveys show people changing their habits and lifestyle to reduce consumption‚ making demand more elastic than expected. An elastic demand is not good for business. RECOMMENDATION: I would not recommend Edgar to start a new gas station. This is because of high level of uncertainty associated with supply of gas that determines its price as well as changing lifestyles
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Formula sheets must be handed in with the exam and are to include name and student id number. If you choose not to use one‚ I need to be informed at the START of the exam ‚ failure to comply results in a reduced score. Write legibly if you wish the possibility of partial credit on the quantitative questions. Use at least 2 decimal digits; this includes percentages (i.e. 23.45%). 1. A five-year security was purchased two years ago by an investor who plans to resell it. The security will be sold
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Holt Physics—Chapter 5: Work and Energy Price I. Section 5.1—Work A. Definition of work 1. Work does not mean the same thing in Physics as it does in the everyday sense of the word. 2. Work is defined as a force causing a displacement. Work = force x displacement W = Fd 3. Work is NOT done on an object unless the displacement is greater than zero 4. The only forces that are considered to do work are those that
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11/28/13 3B Physics Hang Time Objective The objective of this project was to find out our hangtime. Hypothesis I hypothesis that my hangtime will be around 2.5 seconds because I jump high. Procedure 1. First we lined up against a wall to see how high we got from being on the ground. 2. Then we jumped and measured how high we got. 3. Then I documented the information Data/Analysis Start height: 60 centimeters Finish height: 120 centimeters Hang Time: So using the formula t=
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1. Both egg white and whipping cream foams are air in liquid however‚ whipped cream foam is milk and sugar whipped together to incorporate air and an egg foam is an egg white whipped to incorporate air. The protein within the egg white surrounds the air bubbles in the liquid helping to stabilize the foam. The milk contains casein that also stabilizes the air bubbles within foam. The sugar in the milk helps to create stable foam by being part liquid phase and interacting at the interface layer
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capacity (Renström & Johnson 1985‚ Counsel & Breidahl 2010). A focused training of the fascial network could be of great importance for athletes‚ dancers and other movement advocates. If one‘s fascial body is well trained‚ that is to say optimally elastic and resilient‚ then it can be relied on to perform effectively and at the same time to offer a high degree of injury prevention. Until now‚ most of the emphasis in sports training has been focused on the classical triad of muscular strength‚ cardiovascular
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1st List of Things to DO at your OWN… Topics: Basics of Economics‚ Economic Systems‚ Demand‚ Supply‚ Market system Question # 01: Identifying What three basic questions must every society answer‚ and why? Question # 02: Determining Cause and Effect Question # 03: Determining Cause and Effect Question # 04: Organizing Use a graphic organizer similar to the one below to identify and describe the factors of production. Sr # | Factor | Description | 1 | | | 2 | | | 3 | |
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demand is elastic if the elasticity of demand coefficient is greater than one‚ or when the change in price of a good causes a
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than is slope because it is independent of units of measurement. (LO6-1) To calculate percentage changes in prices and quantities‚ use the average of the end values. (LO6-1) Five elasticity terms are elastic (E > 1); inelastic (E < 1); unit elastic (E = 1); perfectly inelastic (E = 0); and perfectly elastic (E = ∞). (LO6-1) The more substitutes a good has‚ the greater its elasticity. (LO6-2) Factors affecting the number of substitutes in demand are (1) time period considered‚ (2) the degree to which
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The lungs are made up of many types of tissue; the cartilages‚ ciliated epithelium‚ smooth muscle‚ squamous epithelium‚ elastic fibres and goblet cells and glandular tissue. The cartilage is a very stiff and flexible tissue‚ which doesn’t contain air vessels. It is found in trachea‚ bronchus‚ bronchiole and alveolus‚ and it has a structural role. It support‚ and gives strength to trachea and bronchi. It holds the airways open for the resistance with little airway. This prevents it from collapse
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