Practice final exam/guide PART A: Multiple choice and short answer questions 1) The branch of economics that examines the functioning of individual industries and the behavior of individual decision-making units is a. behavioural economics. b. microeconomics. c. macroeconomics. d. normative economics. 2) You own a DVD of the film 'A Beautiful Mind'. The opportunity cost of watching the DVD the second time a. is zero as you already own the DVD.
Words: 3740 - Pages: 15
it would opt for a policy of deregulation. “A market-determined pricing system for petrol and diesel can be sustained in the long-run by providing level playing field and promoting competition among all players, public and private, in the oil and gas sector” (Kirit Parikh Committee
Words: 3693 - Pages: 15
HEAD | PREVIOUS | Chapter 1 Introduction 1.1 What is a Plasma? 1.1.1 An ionized gas A plasma is a gas in which an important fraction of the atoms is ionized, so that the electrons and ions are separately free. When does this ionization occur? When the temperature is hot enough. Balance between collisional ionization and recombination: | Figure 1.1: Ionization and Recombination Ionization has a threshold energy. Recombination has not but is much less probable. Threshold is ionization
Words: 9955 - Pages: 40
The topic chosen by my group for the semester long research project is population and consumption. Before delving into the project, I chose to do some reading on population and consumption. Through my reading, population was explained to me the simplest by Robert W. Kates, an American geographer, independent scholar, and professor at Brown University as, “the simple arithmetic of adding births, subtracting deaths, adding immigrants and subtracting out-migrants” (Kates 12). Additionally, I was able
Words: 2150 - Pages: 9
defendant, Richard Hodges, is the Director of the Ohio Department of Health. Ohio, Michigan, Kentucky, and Tennessee defined marriage as a union between one man and one woman and did not recognize same-sex marriages. The plaintiffs challenged these laws under the Fourteenth Amendment to the United States Constitution by filing lawsuits in federal district court in their home states. The plaintiffs argued that the Fourteenth Amendment required the States to allow same-sex marriage and to recognize
Words: 1581 - Pages: 7
Doing Better by the Environment A Nestlé case study Introduction The environment is a key subject that affects us all. Protection of the environment and the move towards sustainable development remains a responsibility that must be shared between the public, governments and the private sector. Following years of work on environmental issues dating back to the 30's, in 1996 the Nestlé Environmental Management System (NEMS) was introduced which consolidates all environmental measures taken
Words: 1803 - Pages: 8
GREENHOUSE GAS EMISSIONS C. A. R. de Carvalho, and W. Q. Lamas University of Taubate Postgraduate Programme in Mechanical Engineering Rua Daniel Danelli, s/n – Jd. Morumbi 12060-440, Taubate, SP, Brazil carlosalfredo.carvalho@hotmail.com, wendell@unitau.br ABSTRACT The problems related to energy consumption and pollutant emissions for the transport sector represent a major global concern regarding climate changes caused by greenhouse gases, directly related to the increased level of gas emissions
Words: 3599 - Pages: 15
middle of the day than at morning or night and is greater in winter than in summer. In fine weather, the potential increases with altitude at about 30 volts per foot (100 V/m). The atmospheric medium, by which we are surrounded, contains not only combined electricity, like every other form of matter, but also a considerable quantity in a free and uncombined state; sometimes of one kind, sometimes of the other; but as a general rule it is always of an opposite kind to that of the Earth. Different layers
Words: 2142 - Pages: 9
cost of any choice that you make is the value of the best opportunity that you give up in order to make that choice. In an economy, the supply of goods and services results from the production process where various inputs are brought together and combined to create goods and services. These inputs are classified into the three "factors of production" namely, land, labor and capital. Land refers not only to land in the conventional sense of tracts of ground, but all other natural resources, that is
Words: 3971 - Pages: 16
Now you may be filling up with questions but that’s okay because I have answers. You may ask, “Why doesn’t it exist in our atmosphere?” Well not to “contrary to popular belief” when Anti-matter and Matter come into contact there is, as Newton’s Third Law states, an action and a reaction. In theory, both
Words: 2611 - Pages: 11