Output

Ch.18 Table 18-1 Number of Workers (L) Output of Firm A Output of Firm B Output of Firm C Output of Firm D 1 100 100 100 100 2 200 300 190 80 3 300 600 270 60 4 400 1,000 340 40 1.Refer to Table 18-1. Which firm’s production function exhibits diminishing marginal product? a. Firm A b. Firm B c. Firm C d. Firm D ANS: C 2. Which of the following statements is correct? a. An increase in the supply of other factors, such as capital, will increase the demand for labor. b. Labor-saving technology

Computer Peripherals 1. Input Devices Input devices are used to capture the data and transmit it to the computer system for further processing and in computer readable form. Some of the input devices are as under: a) Keyboard Devices: keyboard devices are the most commonly used devices today. They allow data entry into a computer system by pressing a set of keys, which is connected to a computer system. Programs and data are entered into a computer through a keyboard. A keyboard

Consider two firms facing the demand curve P = 50 - 5Q, where Q = Q1 + Q2. The firms’ cost functions are C1(Q1) = 20 + 10Q1 and C2(Q2) = 10 + 12Q2. a. Suppose both firms have entered the industry. What is the joint profit-maximizing level of output? How much will each firm produce? How would your answer change if the firms have not yet entered the industry? If both firms enter the market, and they collude, they will face a marginal revenue curve with twice the slope of the demand curve:

project that is if we convert the analog output of the accelerometer, which ranges from 1.5 volts to 3.5 volts to a digital 8-bit output the systems become very sensitive. Reason is division of 2 volts range into 256 (28 = 256) steps is much more sensitive than converting 5 volts range into 256 steps. Now the question arises, why do we need a less sensitive system, the answer if a more sensitive system is used then there is a huge change in the digital output with the very little tilt of the hand,

externalities, in order to better balance social and private marginal costs, termed ‘Pigouvian tax’, after the economist who first examined their use. Figure 1 – Optimal taxes on externalities. Source: Connolly & Munro, 1999, p.79 Figure 5.5 As output increases, marginal costs also increase, whereas marginal benefits (MB) decrease. The oil company will produce oil up to the point at which their private marginal cost (PMC) equals their private marginal benefit (Q°). Oil production also creates

connections of output LPF to channel A of oscilloscope

When the output is found above the full employment level, the wages will change and will rise. This will result in the AS curve shifting upwards. When the output is below the full employment level, the wage rate will not rise but will decrease. This will result in the AS curve shifting downwards. .(www.econweb.tamu.edu) There is a self correcting mechanism that adjusts the process through which prices and wages return the economy to full employment in the long run. When the output is more

#5. Other things equal, what effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output. Aggregate demand is a schedule or curve that shows the total quantity of goods and services demanded at different price levels. Aggregate supply is a schedule or curve that shows the total quantity of goods and services produced at different price levels. a. a reduction

be reduced. • Soft switching is used to minimize switching losses due to the higher switching frequency. • The leakage inductance of the transformer is used as part of the series-resonant tank to reduce the stresses on the active switches. • The output filter complexity is reduced by using

level of output by changing variable inputs.   In short period, a distinction is made of two types of costs (i) fixed cost and (ii) variable cost.   The fixed cost in the form of fixed factors i.e., plant, machinery, building, etc. does not vary with the change in the output of the firm. If the firm is to increase or decrease its output, the change only takes place in the quantity of variable resources such as labor, raw material, etc.   Further, in the