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You are developing a sampling protocol whereby you're going to insert a probe into a turbulent flow in a circular conduit of radius R.
a. Using a description of a velocity profile typical of turbulent flow in a circular conduit, solve for that position r/R where the actual flow profile velocity has the same magnitude as that of an average velocity that would produce the same discharge.
b. Sketch the scenario - the average velocity profile, the actual velocity profile, and the point where v(r)=Vaverage.
1a. Show on the market for milk the effect of the introduction of BGH (bovine growth hormone). 1b. Show on the market for cheese the impact of what happened in the milk market.
Do you agee or disagree " Economic theory helps society reach economic goals that it has selected for itself?" Justify your answer.
using a graph of the classical labour market, illustrate the effects of a real wage existing in the market that is lower than the equilibruim real wage.what will eventually happen
What is the formula for consumer price index?
Economists estimate the short run elasticity of demand for a Chipotle burrito is -2.25. i) What degree of elasticity does Chipotle burritos exhibit? ii) A 1% change in
Explain about the circular-flow of economic activities. Circular-Flow of Economic Activities: Economic Agents: a. Households b. Firms Where they interact:
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumption Schedule like the one on
what is credit creation process
In the long run A. price and output levels are mutually dependent. B. the level of output depends on the price level. C. the level of output is independent of the price level.
c) Explain why perfectly competitive markets lead to an allocatively efficient allocation of resources in the long run
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