Mathematical Expressions and Order of Operations Speech or Presentation

Mathematical Expressions and Order of Operations - Speech or Presentation Example What is the growth rate of its real GDP? Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of GDP per capita? 11. Key Question If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? What is the â€Å"rule of 70†? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 percent per year? 2. Key Question Graph the accompanying demand data, and then use the midpoint formula for Ed to determine price elasticity of demand for each of the four possible $1 price changes. What can you conclude about the relationship between the slope of a curve and its elasticity? Explain in a nontechnical way why demand is elastic in the northwest segment of the demand curve and inelastic in the southeast segment. The price elasticity of demand is unity. Below the equilibrium point, which denoted a point of no profit no loss between the sales and demand, an increase in demand would cause a fall in price, thereby resulting in a producer surplus. As such, more goods are produced and the low price results in decreased profits. In the case of the region above the equilibrium point, an increase in price would require the production of less goods. Therefore, for a quantity of goods sold, the profit margin would be greater. Hence, the demand curve is considered to be elastic in this region. 7. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. b. Graph AFC, AVC, ATC, and MC. Explain the derivation and shape of each of these four curves and their relationships to one another. Specifically, explain in nontechnical terms why the MC curve intersects both the AVC and the ATC curves at their minimum

Mills Paper (Sociology) Essay Example | Topics and Well Written Essays - 2000 words

Mills Paper (Sociology) - Essay Example Depending on family and relationship history forms of violence differ by cause, etiology, manifestation, and impact. Although an act of violence, a â€Å"hit,† directed at a current or former intimate partner may appropriately be labeled â€Å"intimate partner violence,† as Sue Osthoff explained, â€Å"a hit is not a hit. Context matters. A lot. A whole lot† (2002:1540). Not all â€Å"hits† are created equal. In recent years, and increasingly, practitioners, researchers, and advocates, are considering distinctions among types of violence and specifically re-asserting and clarifying violence as a particular dynamic. From the perspective of Mill’s personal trouble, violence is characterized by a systemic pattern of behavior (rather than isolated acts of violence) that establishes dominance over another person typically through intimidation, coercion, isolation, and terror-inducing violence and threats of violence (Dutton & Goodman, 2005:748). Power an d control are central as motives for and impact of violence. The language of â€Å"coercive control† or â€Å"coercion† has also been used to describe the phenomenon of violence (Dutton & Goodman, 2005:748). Kelly and Johnson (2008) described coercive controlling violence (a concept previously labeled patriarchal terrorism and then intimate terrorism ) as â€Å"emotionally abusive intimidation, coercion, and control coupled with physical violence against partners† (Kelly & Johnson, 2008:478). Violence as â€Å"a personal trouble† is most often chracterized with battering, a term that has been used in some cases as a synonym for any violence against an intimate partner, regardless of context. Battering may, and typically does, include distinct acts of violence, however not all acts of violence are a component of battering (Osthoff, 2002:1535). Non-battering violence might include