Saturday, May 23, 2020

Unit Conversion Example - Metric to English

This worked chemistry example problem demonstrates how to convert from metric units to English units. Problem Analysis of an air sample reveals that it contains 3.5 x 10-6 g/l of carbon monoxide. Express the concentration of carbon monoxide in lb/ft3. Solution Two conversions are required, one from grams to pounds using this conversion:1 lb 453.6 gand the other conversion, from liters to cubic feet, using this conversion:1 ft3 28.32 lThe conversion may be set up in this fashion:3.5 x 10-6 g/l x 1 lb / 453.6 g x 28.32 l / 1 ft3 0.22 x 10-6 lb/ft3 Answer 3.5 x 10-6 g/l of carbon monoxide is equal to 0.22 x 10-6 lb/ft3or, in scientific notation (standard exponential notation):3.5 x 10-6 g/l of carbon monoxide is equal to 2.2 x 10-7 lb/ft3

Tuesday, May 12, 2020

The Causes and Effects of a Recession Essay - 2728 Words

Average cost is total cost divided by total output at a specific point. For instance if 100 units are produced and total cost incurred is 200 then average cost of one unit would be 2/unit. Whereas Average revenue is calculated same as average cost however, instead of total cost we take total revenue. Marginal cost is cost of producing one additional unit of output or in other words a rise in total cost when output rises by one unit. Similarly marginal revenue is the rise in total revenue when output rises by one unit. For instance, if total revenue generated by 100 units is 200 and for 101 units it is 201, then marginal revenue would be 201-200=1. Output/Sales Volume Total Cost Total Revenue Marginal Cost Average Cost Marginal Revenue†¦show more content†¦It can also be seen that when the marginal cost is lower than the marginal revenue, profit is increased. When marginal cost is equal to the marginal revenue profit is maximized. After this point, when marginal cost is above the marginal revenue, profit starts to fall. Therefore, profit is maximized when MR=MC. In the above graph Y axis consists of amount whereas X axis represents level of output. It can be seen clearly that at output level of 8, MC=MR (two lines cross over here) which is the output where profit is maximized. Similarly as we extended the connector line above to get the price (average revenue) this is 23.5 as in the table above. Profit: When MC=MR, profit is 84 which is the highest possible amount in current circumstances. Possible Market Structure: It is clear from the above data that the firm is certainly not working under perfectly competitive market. In perfect competition, firm cannot afford to sell at lower price. If elasticity is calculated at different points, it can be seen that elasticity is decreasing from top to bottom but still the demand is very elastic. For instance at 9 units elasticity is 5 (in absolute terms) which is still much greater than 1 which means that it can be monopolistic competition or oligopolistic environment. But chances of monopoly are less because in monopoly demand is usually inelastic. However, to decide between oligopoly and monopolisticShow MoreRelatedThe Causes and Effects of Global Recession.3720 Words   |  15 PagesINTRODUCTION Here a definition a recession as well a global recession is mentioned. Some causes and effects has been listed. Due to recession occurring, I have identified the effects of recession based on Tesco. The causes and effects of global recession. Global financial crisis, increasing for a while, began to show its results in the mid of 2007 into 2008. Worldwide stock markets have subsided, financial institutions have dropped and governments in even the richest nations have had toRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreA General Slowdown In Economic Activity, A Downturn In1664 Words   |  7 Pagesare characteristics of a recession. A recession has a domino effect, where increased unemployment leads to less growth and a drop in consumer spending, directly affecting businesses, which lay off workers due to losses. 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This research paper will investigate external factors and their effects on organisations. The examination of the topic will be based upon precise research information, opening the negative effects of outer components. Climate change is a threat to businesses, and has been responsible for numerous setbacks impacting them. Its current effect on businesses include: expanding the danger of harm to buildings, interruptions to infrastructures, supply chainsRead MoreAnalysis of â€Å"the Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University1110 Words   |  5 PagesEconomics Analysis of â€Å"The Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University June 2010 Marija Nikolic December 2012 Global financial crises has brought into focus debate about decisions made by the countries which are leading economic forces, making them to reconsider past living standards and habits. With the aim to examine the causes, effects, policies and prospects for the financial crisis D.SalvatoreRead MoreThe Recession of 1973-19751076 Words   |  5 PagesThe recession of 1973 through 1975, was due to the Organization of Petroleum Exporting Countries (OPEC) who rose gas prices and imposed an embargo against the United States. This quickly caused oil production to be cut dramatically, leaving no choice but to increase the price in oil. This recession, I am going to pin point the causes, fiscal and monetary policy the government uses to help the economy slowly come out from the recession. Also I am going to pin point the recession’s recovery and expansionRead MoreUnderstanding the Economic Recession in America Essay1165 Words   |  5 PagesThe economic recession of the late 2000s has been called the greatest economic downturn our country has faced since the Great Depression. American businesses and banks are failing, foreclosures are spreading like wildfire, and unemployment numbers have reached double digits. Under our current president, many are optimistic, but many others are fearful for the future. Economists have different speculations regarding the causes of the â€Å"Great Recession†. Some blame it on higher prices for necessitiesRead MoreEssay On The United States Recession781 Words   |  4 Pagesinterested in the United states recession in 2008. It also interested me in finding out what we have done, in the middle of doing, and what we are going to do to get out of the recession. I decided to choose this topic about the US economy and what we were and are doing to get out of the recession because I wanted to learn more about why we went into a recession and how we are now working on how to get out of one. I wanted to write about all the th ings that led up to the recession and write about what weRead MoreDeficit Spending During The Great Depression768 Words   |  4 PagesDeficit Spending During the Great Depression, many people tried to save money and were spending less. Businesses produce less, unemployment rises and household incomes decline. There are few options available to reverse the effects of a recession on the economy. One specific option is deficit spending. Deficit spending is a government tool used to address serious economic issues. Deficit spending refers to government spending that exceeds federal income and taxes over a period of time. The government

Wednesday, May 6, 2020

Should young people work Free Essays

You will respect that person enough to finish your business with them, not argue, and not say disrespectful comments to them at all. With respect acquired as a personal attribute, the person will then have the self control to also put thought into what their parents have to tell them. This will allow them to listen to their parents and respect whatever their parents tell and ask them to do. We will write a custom essay sample on Should young people work or any similar topic only for you Order Now Without always assuming the worst. This shows just how important it really is for a young person to acquire respect. Another reason why young people should be allowed to work is to gain their own personal money. When they work they can be more self dependent without always avian to ask and rely on their parents for everything they need. This will help them to save for things they need and want such as a car. This will allow the young person to go out with their parents and pick a car with a reasonable budget. This money they gain can also be used to save up for college. Some young people want to go to college but can’t. This is sometimes do to not having enough money and not wanting to owe back a hefty amount of student loans. This will allow them to help pay for college with the money they earn from working. This will also allow the young person to go out and have fun with their friends using the money that they have worked hard for. It is also a way for parents to save money. This will also stop a large amount of kids from resorting to illegal ways of trying to gain money. This will show them it pays off to work hard and make an honest way of living. Another point on why young people should work is to gain responsibility. This job will show the young person that they are the only one that can determine what occurs in their life. They will learn it is their responsibility to wake up on time or work, know what days they have to work, and make sure they go to work. This is just a way of showing that is all on the young person to maintain their life. If they do not go to work they will lose their job. It is just a way of showing no one can do your daily responsibilities for you. This is just a few examples of why young kids should work. It is also a good way of keeping the young person productive and not just out running around town. It takes away free time the young person could be making trouble. How to cite Should young people work, Essays

Friday, May 1, 2020

Hidden Confidence free essay sample

Ever since I was a little girl I have always been shy and unsociable. I have tried on many accounts to talk in front of a group of people. As I stood there shaking like a wet dog and twiddling my thumbs, failed to speak in front of the class. When I finished speaking I sighed with relief, and thanked god that I can relax. Whenever other students like me spoke with confidence to the class, an overwhelming jealousy welded up inside me. I thought to myself, how do they do that? Why don’t they get nervous? Since that day I knew that my lifetime goal was not to be afraid of being confident. Nothing seemed to work as time went by. Already being in high school my voice and body would still quiver when I got in front of my class. Finally, I realized a great way to become more open and confident. We will write a custom essay sample on Hidden Confidence or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I thought to myself that maybe if I joined a program that would force me to speak to a large group of people. It would help with my self-confidence. Standing up I marched over to the teacher and said â€Å"I’m ready to join FCCLA†. Some part of me was all for the change, but the other part was terrified. I knew deep down that this would help me reach my goal. I stood there feet firmly planted on the floor with a big smile on my face. Not having a bad taste in my mouth, and confidence showing from my movement as I walked forward. Watching everyone else projecting their words and not feeling like a small person in a big room, helped motivate me to try it for myself. I want to do something more with my life. What good paying job does not require talking in front of someone? I hoped for quite some time now that I could get by without socially interacting with people. Growing up I realized that in order to get anywhere in this world you have to socialize. I picked this as my goal because it will haunt me for the rest of my life. I won’t have good working skills to even get a job. Its time I start to grow up and fix what is broken. If I live my life the way I have so far it would not be productive. I do know that reaching this goal is a challenging task for me, but I’m prepared to do anything I can to make this goal a reality. Knowing for a fact that I am ready. Confidently, I stood up with my back straight and presented my speech to the class. Prepared to face the challenges that life will throw my way, I stood confident. I need to have more faith in myself to succeed, and understand the techniques to get me to where I need to be.I intend to continue practice and learn more as time goes by. Hopefully, one day I will achieve my goal.