Wednesday, October 30, 2019
Coursework Assignment Essay Example | Topics and Well Written Essays - 1250 words
Coursework Assignment - Essay Example This is because the return scale decreases as the production factors are increased. Diminishing returns take place when the labour marginal productivity begins to fall. In the present case, an extra unit of labour is added to a fixed capital when production of buses takes place. It reaches a place where marginal production of extra labour is maximized after which the output for each additional unit of labour falls. Diminishing returns is a law that takes place because production factors like capital labour inputs are imperfect substitutes (Jehle & Philip, 2000). This implies that when producing a product like for this paper, buses and cars, the resources put in use are inefficient when turned for a production of a different service or another good. For instance, workers deployed in the vehicle industry to make buses and cars may be inefficient, if they are re-employed in a cement producing industry. Similarly, quite a number of item involving capital equipment specify to a single typ e of production. If switched to different uses, there would be inefficiency in production of output. Production factors like capital and labour are said to be immobile occupationally as they can be turned to other functions, although with a resultant productivity loss. An inverted relationship does exist between production factors and the cost of production of a unit in a firm. When there is low productivity, cost per unit of supplying service or a good turns out to be higher (Frank, 2006). Therefore, a firm can get higher returns and be efficient in its labour force leading to higher profits and lower costs. Here, K represents capital employed in the form of machine while L stands for labour employed which in this paper is the number of men who repair or make new vehicles. Using N buses = 0.4 K1.1 L0.41 L=0 L=1 L=2 L=3 L=4 L=5 L=6 K=16 0 8.4 11.0 13.5 15.2 16.0 17.7 K=14 0 7.3 9.5 11.7 13.1 13.9 15.3 K=12 0 6.2 8.0 9.8 11.1 11.7 12.9 K=10 0 5.0 6.5 8.1 9.1 9.6 10.6 K= 8 0 4.0 5.1 6 .3 7.1 7.5 8.3 K= 6 0 2.9 3.7 4.6 5.2 5.5 6.0 K= 4 0 1.8 2.4 2.9 3.3 3.5 3.9 K= 2 0 0.9 1.1 1.4 1.5 1.6 1.8 K= 0 0 0.0 0.0 0.0 0.0 0.0 0.0 Task B Edge worth box This box is frequently used in a theory of general equilibrium. It helps represent competitive equilibrium in a range of outcomes, which satisfies economic efficiency. It can also aid in detecting difficulty in reaching efficiency in the presence of a bilateral monopoly. From the table above, it is noted that as the number of men is increased holding machine constant number of buses produced increase but in a decreasing rate. This implies that the output or returns to scale diminishes. Therefore, it means that the ratio of employed labour to the number of machines is not that proportional. This creates inefficient use of resources, and in this case, it is the labour employed. If labour is not used efficiently, the firm incur a lot of costs in the form of salaries and wages that are not effectively used (Mas-Colell et al., 19 95). This may lead a firm to diminishing returns to scale. If there is no labour or machine employed, there is no output at all as output is only evident when there is a combination of the two. On the other hand, holding labour constant and adding more machines leads to a steady output as the labour that is available can only use up to a certain no of machines. Task C In the edge box, there are two curves for cars and buses. Whenever
Monday, October 28, 2019
Dr Jekyll and Mr Hyde Essay Example for Free
Dr Jekyll and Mr Hyde Essay Throughout the entire novel of Dr. Jekyll and Mr. Hyde, everyone is inquiring or investigating about something. The characters are either meddling in someone elseââ¬â¢s business or they become curious about something scientific. Because of this curiosity, different people get in trouble in some way. In the first chapter, Mr. Uttersonââ¬â¢s friend Mr. Enfield says, ââ¬Å"You start a question, and itââ¬â¢s like starting a stone. You sit quietly on the top of a hill; and away the stone goes, starting others; and presently some bland old bird (the last you would have thought of) is knocked on the head in his own back garden and the family have to change their name. No sir, I make it a rule of mine: the more it looks like Queer Street, the less I ask.â⬠(35). This is an important epigraph for the entire novella because when Dr. Jekyll, Mr. Utterson, and Mr. Lanyon become curious, someone gets in trouble. The most important example of someone being inquisitive is in the Case of Dr. Jekyll. He questions whether man can be split in two; one half would be the evil half and the other half would be strictly a good-intentioned gentleman. (79) Dr. Jekyll does this experiment on himself but something goes wrong and he becomes strictly his evil side. This transformation allows him to have a separate persona, a separate life. He thrives of off the power he feels when he becomes Mr. Hyde. (81) This leads to his ultimate downfall. He finds it so hard to keep his old self. This constant changing back and forth leads him to eventually kill himself because he has lost hope. His original curiosity of trying to make him self solely good is what leads to his demise in the end. (93) Mr. Uttersonââ¬â¢s curiosity about his close friend, Dr. Jekyll, adds to Jekyllââ¬â¢s final, suicidal decision. His investigation of the mysteriousness around the door and Dr. Jekyll begins when he reads Dr. Jekyllââ¬â¢s will. As a lawyer, he should not question the motives behind Jekyllââ¬â¢s peculiar will but instead he tries to pry into his friendââ¬â¢s life to ensure that nothing ââ¬Ësketchyââ¬â¢ is going on. This is a question that should not be asked because it is not any of his business but he still tries to figure it out. (37) This leads to another curiosity for Utterson. He feels as though he needs to see Hydeââ¬â¢s face. He waits at the door simply to see his face, to be able to place his finger on why people are so disturbed by him. This is not a necessary question to be asked and it causes more skepticism about the relationship between Jekyll and Hyde. (40) The unclearness of the relationship puts pressure on Jekyll, leading to his breakdown. Finally, Lanyonââ¬â¢s curiosity-downfall spiral is the most obvious. Jekyll goes to Lanyon first, asking him to retrieve a drawer from his laboratory and give it to Hyde. When Hyde asks if he wants to see the transformation, Lanyon being nosy says yes. (55) His starting of a question ââ¬Ëstarts the stoneââ¬â¢ and it leads to his death. He is so shocked about seeing his friend transform that he eventually dies. This never would have happened if did not agree to seeing Jekyll and Hyde. (57) Overall, the characters in this book show a lot of curiousity about Jekyll and Hyde. As the quote says, ââ¬Å"You start a question, and itââ¬â¢s like starting a stone.â⬠(35). The characters start a questions and ââ¬Å"presently some bland old bird is knocked on the head in his own back garden and the family have to change their name.â⬠These questions have been about Jekyll and Hyde and so ultimately someone ends up getting hurt of getting in trouble. This is a theme throughout the whole novel which is why this quote serves as a good epigraph for the novella.
Saturday, October 26, 2019
Americanization and Canadian Culture :: Canadian Culture Essays
Americanization and Canadian Culture Gaà «tan Tremblay is a professor at the University in Quebec in Montreal. As a concerned Quebecois, He wrote an article which discusses the Americanization of Canada, in particular Quebec. Tremblay seems to have a strong stand point about the future of Quebec. Using statistical and literary evidence, primary and secondary sources, he attempts to support his argument that Quebec is a victim of American cultural colonization. Tremblay fears that Canadian culture is going to disappear as a result of the Canadian-American Free Trade Agreement. Tremblay started his article with what broadcasting is considered to be in Canada which is ââ¬Å"an instrument of production and diffusion that must contribute to the maintenance and development of Canadian culture and its various componentsâ⬠. By this approach and use of words, he planted the idea that broadcasting is a fundamental tool for Canadian culture in his readersââ¬â¢ minds. This is effective because it insures how his readers will perceive broadcasting while reading the rest of his article. He supported this with an extract from the Broadcasting Act which focused on that point. His article started off strong but then weakened with his excessive use of quotations from the Canadian Broadcasting Act and his minimum effort in evaluating the quotes themselves. After discussing the importance of culture to Canadians he went on to mention how culture is not as important to Americans with his statement ââ¬Å"For Americans, in contrast, cultural products are commodities like any other..â⬠. Although this may strengthen his argument, it is also a biased statement since he is not American himself and he stated it like it was a known fact. Following that accusation, he attempted to support his idea of Americaââ¬â¢s dissolving culture by an exert from the National Telecommunications and Information Administration report which focuseed on the deregulation of their radio broadcasting system. The exert does not directly imply that the United States cares less about its culture because they are considering deregulation of radio broadcasting. The American Culture may not be threatened by deregulation the same way as the Canadian culture. But since he started his essay by mentioning how broadcasting ââ¬Å"mustâ⬠contribute to the development of Canadian culture, he is implying that the American culture has the same concept. The American culture may not be severely effected by deregulation just as the Canadian culture, so Tremblayââ¬â¢s argument may not be valid. To some readers who did not notice the bias, this argument may be considered very strong and convincing.
Thursday, October 24, 2019
Indicate a Person who has had a Significant Influence on you, and Describe that Influence
Cholera is an infectious disease that causes severe watery diarrhea, which can lead to dehydration and even death if untreated. It is caused by eating food or drinking water contaminated with a bacterium called Vibrio cholerae. Cholera was prevalent in the U.S. in the 1800s before modern water and sewage treatment systems eliminated its spread by contaminated water. Only about 10 cases of cholera are reported each year in the U.S. and half of these are acquired abroad. Rarely, contaminated seafood has caused cholera outbreaks in the U.S.However, cholera outbreaks are still a serious problem in other parts of the world, where cholera affects an estimated 3 to 5 million people and causes more than 100,000 deaths each year. The disease is most common in places with poor sanitation, crowding, war, and famine. Common locations include parts of Africa, south Asia, and Latin America. If you are traveling to one of those areas, knowing the following cholera facts can help protect you and you r family.Cholera CausesVibrio cholerae, the bacterium that causes cholera, is usually found in food or water contaminated by feces from a person with the infection. Common sources include:Municipal water supplies Ice made from municipal water Foods and drinks sold by street vendors Vegetables grown with water containing human wastesRaw or undercooked fish and seafood caught in waters polluted with sewage When a person consumes the contaminated food or water, the bacteria release a toxin in the intestines that produces severe diarrhea. It is not likely you will catch cholera just from casual contact with an infected person.Cholera SymptomsSymptoms of cholera can begin as soon as a few hours or as long as five days after infection. Often symptoms are mild. But sometimes they are very serious. About one in 20 people infected have severe watery diarrhea accompanied by vomiting, which can quickly lead to dehydration. Although many infected people may have minimal or no symptoms, they can still contribute to spread of the infection. Signs and symptoms of dehydration include:Rapid heart rateLoss of skin elasticity (the ability to return to original position quickly if pinched) Dry mucous membranes, including the inside of the mouth, throat, nose, and eyelidsLow blood pressure Thirst Muscle cramps If not treated, dehydration can lead to shock and death in a matter of hours.Yellow fever is caused by a virus. The yellow fever virus is a single-stranded RNA virus that belongs to the Flavivirus genus. After transmission of the virus occurs, it replicates in regional lymph nodes and subsequently spreads via the bloodstream. This widespread dissemination can affect the bone marrow, spleen, lymph nodes, kidneys, and liver, in addition to other organs. Tissue damage to the liver, for example, can lead to jaundice and disrupt the body's blood-clotting mechanism, leading to the hemorrhagic complications sometimes seen with yellow fever. Yellow fever is transmitted to humans by the bite of infected mosquitoes.Various species of Aedes and Haemagogus mosquitoes serve as vectors and are responsible for the transmission to human and nonhuman primates, which serve as reservoirs for the disease. Three transmission cycles for yellow fever have been identified. Sylvatic (jungle) cycle: In tropical rain forests, infected monkeys pass the virus to mosquitoes that feed on them. These infected mosquitoes then bite humans who enter the rain forest for occupational (for example, loggers) or recreational activities. Intermediate (savannah) cycle: In humid or semi-humid regions of Africa, mosquitoes that breed around households and in the wild (semi-domestic mosquitoes) infect both humans and monkeys.The virus can be transmitted from monkeys to humans, or from human to human by the mosquitoes. This is the most common type of outbreak in Africa. Urban cycle: When infected humans introduce the virus into urban areas with large numbers of unvaccinated individuals, infected m osquitoes (Aedes aegypti) transmit the disease from human to human. This form of transmission can lead to large epidemics.
Wednesday, October 23, 2019
Anil Ambani: a Biography
ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- Anil Ambani From Wikipedia, the free encyclopedia | Thisà biographical articleà needs additionalà citationsà forà verification. Please help by addingà reliable sources. Contentious material about living persons that is unsourced or poorly sourcedà must be removed immediately, especially if potentiallyà libelousà or harmful. (June 2012)| Anil Ambani| Born| 4 June 1959à (ageà 53) Mumbai,à Maharashtra,à India| Residence| Mumbai, Maharashtra, India| Nationality| Indian| Alma mater| University of Mumbai The Wharton School|Occupation| Chairman ofà Anil Dhirubhai Ambani Group| Net worth| à $6 billion (2012)[1]| Religion| Hinduism| Spouse(s)| Tina Munim| Children| 2[2]| Parents| Dhirubhai Ambani Kokilaben Ambani| Relatives| Mukesh Ambanià (Brother)| Website| Anil Ambani| Anil Dhirubhai Ambanià (Gujarati:à ( ) ), born on 4 Jun e 1959, is an Indian businessman. He is the chairman ofà Anil Dhirubhai Ambani Group, one of the largest privateà conglomeratesà in India. Anil's elder brotherà Mukesh Ambani, who heads as the chairman ofReliance Industries. 3]à The Ambani family is the richest family in India and one of the richest in the world, their wealth inherited fromà Dhirubhai Ambani, founder of largest Indian conglomerate Reliance Group. [4]à He is known for having had affairs with bollywood divas and his affair with Sushmita Sen is well known. He is a member of the Board of Overseers at theà Wharton School of the University of Pennsylvania. He is also the member of the Board of Governors of theà Indian Institute of Technology Kanpur;à Indian Institute of Management,à Ahmedabad. citation needed]à He is a member of the Central Advisory Committee,à Central Electricity Regulatory Commission. In March 2006, he resigned. He is also the Chairman of Board of Governors ofà DA-IICT,Gandhi nagar. [5] Contentsà à [hide]à * 1à Career * 2à Awards and recognition * 3à Personal Life * 4à Bibliography * 5à References * 6à External links| ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- [edit]Career Ambani joinedà Reliance Industries, the company founded by his late fatherà Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. citation needed]à For example, he led India's first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-yearà Yankee bondà issue in January 1997 being the high point, after which people regarded him as a financial wizard[citation needed]. He along with h is brother, Mukesh Ambani, has steered the Reliance Group to its current status as India's leading textiles, petroleum, petrochemicals, power, and telecom company. [citation needed])[citation needed]à He is a close friend of movie starà Amitabh Bachchanà andà Subrata Roy. One of his major achievements in the entertainment industry is the takeover ofà Adlabs, the movie production to distribution to multiplex company that owns India's only dome theatre and the recently announced joint venture worth US$ 825 million withà Steven Spielberg. [citation needed] He has been embroiled in a dispute with his brother, Mukesh Ambani, over the supply of gas from the latter's KG basin. citation needed] He recently topped Business Sheet's ââ¬Å"world's biggest loserâ⬠list of business leaders who lost money in the late 2000s recession,[6]à losing $32. 5 billion in 2008, which brought him out of the top ten list to number 34 in 2009. ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- [edit]Awards and recognition * Conferred the ââ¬ËBusinessman of the Year 1997' award by India's leading business magazineà Business India, December 1997. [citation needed] ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- [edit]Personal LifeAnil Ambani is married toà Bollywoodà Actressà Tina Munimà and has two sons Jai Anmol and Jai Anshul. [7]à He has taken part in theà Mumbai Marathonà race. Ambani is also a fan ofà Premier Leagueclub,à Newcastle Unitedà and was extremely close to buying the club in September 2008. In June 2004, Anil was elected as an Independent Member of theà Rajya Sabhaà ââ¬â upper house of the Parliament of India. He is aà vegetarian. [8]He is known for having had affairs with bollywood divas and his love affair with former miss universe Sushmita Sen is well known. [9]
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