begin to fall. Returns to scale can only occur when no factors of production are fixed. If the quantities of all of the factors of production are increased‚ then output will also increase. However‚ the amount by which output rises can either be proportionately more than the amount that the factors of production were increased by‚ proportionately less‚ or the same. These cases are called increasing returns to scale‚ decreasing returns to scale‚ or constant returns to scale. The law of diminishing
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in an oligopoly is economies of scale. Economies of scale generally refer to the cost advantages that will be associated with large organizations. Margaretta (2012‚26) suggests that companies pursue economies of scale in the belief that this will be decisive in determining a competitive advantage and increased profitability. Woolworths enjoys significant economies of scale in relation to its competitors. In the supermarket industry‚ benefits of economies of scale is usually achieved by buying products
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Abstract:The Stanford experiment was performed by psychologists Craig Haney‚ W. CurtisBanks‚ and Philip Zimbardo. Their goal was to find out how humans deal with a position ofpower and a position of being powerless.. However‚ even though their experiment ended upwith great results‚ still‚ they were not able to finish it and the stanford prison experiment wasclosed after only 6 days. We reporformed the Stanford prison experiment that was done psychologists Craig. We broughtordinary college students
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The pH Scale is a scale made to show how acidic or alkaline a substance is. The pH of something is measured with pH paper which can vary from wide range paper‚ which covers all ph’s‚ but is not as accurate at some others. There are pH papers that get very specific that can have a range such as 2 or 3 and get much more precise. The neutral on the scale is 7. Anything that is below 7 is considered acidic and anything above 7 is considered alkaline. Acidic substances contain more H+ than OH-. H+
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Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
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The following statements are issues regarding women in leadership roles. For many working class people some of these problems are more important than others. You will indicate the extent to which each statement applies to you. Beneath each statement there is a set of number used to express your opinion about the statement. For example: I feel that women are simple minded. -3 -2 -1 0 +1 +2 +3 Strongly Disagree Slightly Neither Slightly Agree Strongly Disagree Disagree
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The Stanford Prison Experiment‚ conducted by Philip G. Zimbardo‚ was performed to see the process that takes place where guards and prisoners "learn" to become authoritarian guards and compliant prisoners. (Zimbardo‚ 732). The prisoners and guards had many burdens of disobedience. In the beginning of the experiment‚ the "prisoners" were stripped of everything and emotionally torn down for being "disobedient". They were dehumanized in every way. They couldn’t speak to another unless they called
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were a guard in this scenario‚ what type of guard would you have become? Why? 2. What prevented "good guards" from objecting to or countermanding the orders from “tough” or “bad guards”? 3. If you were a prisoner‚ would you have been able to endure the experience? Why or why not? What would you have done differently fromwhat the subjects did in this experiment? If you were imprisoned for five or more years‚ how would you adapt to this environment? What would you do in order to survive
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The video contained the results and analysations of a social experiment called the Stanford Prison Experiment. This experiment watched over 24 young‚ healthy‚ college men. They then flipped a coin to see which 12 would act as guards and which 12 would act as prisoners inside of a prison simulation. They acted out this simulation for 6 days before it was cut short due to the amount of cruelty that the men were experiencing. Originally it was to last 2 weeks but after a few had to drop out due to mental
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Ethics and the Stanford Prison Experiment In 1971 Philipp Zimbardo carried out one of the most ethically controversial psychological experiment the ‘Stanford Prison Experiment’. Originally he aimed to study how much our behavior is structured by the social role we occupy. Describing the study briefly 24 undergraduates with no criminal and psychological record were chosen for the research to play the roles of prisoners and guards in a mock prison situated in the basement of Stanford University
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