because the amount of land is fixed, as population grows and more and more labour is applied to land, the productivity of labour in food production would decline, leading to widespread famine. Malthus’s prediction failed to materialise as advances in technology greatly increased labour productivity in food production. Do such technological advances contradict the law of diminishing marginal returns? (b) Why do you think the motorcar production exhibits strong economies of scale but not the trucking
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Power Shortage in Mindanao: A Call for New Power Plants It is swirling in the news that Mindanao suffers from power shortage. According to the news aired on March 27, 2012 over GMA News' Saksi, The Energy Department had said that projected peak demand in Mindanao is 1,300 MW although the available capacity is only at 1,100 MW, excluding the required reserve margin to maintain the "integrity" of the Mindanao Grid which is pegged at 250 MW. The same television report said the power shortage was reportedly
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Explain the role of technological externalities as a cause of differences in urban productivity and growth. Taking a look at the map, one can easily identify the uneven distribution of population and the clustering of economic activities around the world. Such clustering of economic activities happens at both regional and national levels and is more formally known as agglomeration. Empirical evidence (Quigley, 1998) has shown that the increase in the productivity of a city is more than proportionate
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When it comes to assisted reproductive technology, a plethora of terms, ideas, opinions, and even questions may come to mind. While many of these concepts tend to be positive, the majority of people aren’t familiar with this world of technology because they don’t encounter reproductive complications that would lead them to even consider it. A common fear for young couples is the possibility of being infertile—that is, unable to get pregnant after one year of regular, unprotected sex. (Teague) In
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Dividend Policy at Linear Technology | Finance 2013 Page 2 of 13 1. Linear Technology’s Dividend Pay-out Policy Linear Tech announced its first dividend in Oct 13, 1992, and paid the first dividend in Q2 1993. The amount of the dividend is $0.00625/share per quarter (adjusted to stock split). The rationale behind the dividend policy is to show investors that owning Linear’s shares is not as risky as owning shares of most technology companies, and on top of that, to attract dividend income
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An Examination of the Effects of E-mail on Management Communication and Organizational Behavior Mark Hankins Brenau University Organizational behavior is the study of individual behavior and group dynamics in organizations (Nelson & Quick, 2012). Given the role managers play in forming, supporting, and leading the interpersonal dynamics of their organizations, it is imperative to consider the management implications as they pertain to organizational behavior modifications. The role of
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the innovative of the safety technologies, because of the modern technology of this product, it makes a lot purchaser feel curios so it could be the factor of would attract the customers. d) The consequence that government cut the petroleum subsidy, the demand for car will decrease, in reason of petroleum and car are complementary good. complementary good is define as a good whose use is related to the use of an associated or paired good. Therefore it might effect the demand of car. According
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generations, while other Pop Culture, fads, seem to fade away. Changes within Pop Culture can have both positive and negative effects on society; but without these changes, America would be a bland, monochromatic society. Among the Pop Culture trends that we’ve seen over the years, technology has been a major trend that has gone through many changes over time. One facet of technology that has gone through changes is communication. Communication has evolved in different ways over thousands of years
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The Effect of Videogames on Student Achievement BY JONATHAN CRATON Introduction In the past few decades, interactive electronic media has grown from virtual non-existence to one of the primary means of entertainment for college students. In more recent years, the Internet has completely changed the landscape of electronic media from something individual and static into something with the potential to be interactive and social. This article examines the effects of increased student usage of traditional
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Background of the study From the beginning of time people always find their ways to communicate from pens, papers, pagers, telephones, mobile phones and up to the recent boom of technology. In the past ten years the use of phones paved the way for the most recent addition to communication, the social media. With the invention of social media the online world changes rapidly. One of the most famous social media nowadays is the Facebook Application. Facebook is a social networking site wherein
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