Mathematical demands

The article discloses methodological approaches to quantifying the level of penetration of block chain technologies into the regional socioeconomic environment in comparison to the supply chain strategies. Based on the methods of mathematical and statistical analysis, it allows you to formalize and convert a large array of data of a qualitative order into a single scale for measuring the process under study - the level of demand in the regional socio-economic environment for block chain technology.

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The current work attempts to provide an idea of the drop ejection behaviour based on the computation of energies required for droplet formation and splat formation.

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Experimental design has a long tradition in statistics, engineering and life sciences, dating back to the beginning of the last century when optimal designs for industrial and agricultural trials were considered. In cell biol-ogy, the use of mathematical modeling approaches raises new demands on experimental planning.

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Monopoly is a market structure in which a single firm makes up the entire supply side of the market. Monopoly is the polar opposite of perfect competition. Monopoly is a market structure in which a single firm makes up the entire supply side of the market. Monopoly is the polar opposite of perfect competition.

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A perfectly competitive market is one which has highly restrictive assumptions, but which provides us with a reference point we can use in comparing different markets. Competition involves one firm trying to take away market share from another firm. As a process, competition pervades the economy.

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A graphical tool used in economics to analyze the long run choice of factors of production is the isocost/isoquant analysis. A graphical tool used in economics to analyze the long run choice of factors of production is the isocost/isoquant analysis.

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To make their long-run decisions, firms look at costs of various inputs and the various production technologies available for combining these inputs, and then decide which combination offers the lowest cost.

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A firm operates within the market and, simultaneously, it abandons the market in the sense that it replaces the market with command and control. A firm operates within the market and, simultaneously, it abandons the market in the sense that it replaces the market with command and control.

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Income expansion path -IEP- traces all the best (utility-maximizing) choices a consumer makes as income changes. The IEP slopes up if a good is a normal good The IEP is downward sloping if a good is inferior An Engel curve plots all the best choices a consumer makes against INCOME. It is an income-quantity relationship If an Engel curve is upward sloping, a good is normal; downward sloping indicates an inferior good.

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Economists have an answer to the question of why people behave as they do — self interest. Economists' analysis of individual choice does not deny individual differences. A good beginning in understanding individual choice is to focus on the rational part of people's behavior.

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In order to answer how much government should tax, we must know the costs and benefits of taxation. The benefits result from the roles of government. The costs of taxation include: The direct cost of the revenue paid to government The loss of consumer and producer surplus caused by the tax The administrative costs of collecting the tax.

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Elasticity is a measure of the responsiveness of one variable to a change in another. The most commonly used elasticity concept is price elasticity of demand. The price elasticity of demand is the percentage change in quantity demanded divided by the percentage change in price.

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A shift in demand that moves the demand curve to the right causes equilibrium price and quantity to rise. A shift in supply that moves the supply curve to the left causes equilibrium price to rise and equilibrium quantity to fall.

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The demand curve is the graphic representation of the relationship between price and quantity demanded. The demand curve slopes downward and to the right. As the price goes up, the quantity demanded goes down. The demand curve is the graphic representation of the relationship between price and quantity demanded. The demand curve slopes downward and to the right. As the price goes up, the quantity demanded goes down.

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Frank: According to this economist, Ernie, it’s all very simple. In an endogenous business cycle where variable-span diffusion indices are neither rising nor falling and the capital-to-output ratio is low, then the interplay of liquidity preferences and reserve ratios escalates and interest rates rise, causing the yield ratio to drop on common stocks.

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Capitalism and socialism have not existed forever. Capitalism came into widespread existence in the mid-1700s; socialism came into existence in the early 1900s. Before capitalism and socialism other forms of economic systems existed: Feudalism dominated the Western world from about the 8th to the 15th century.

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An economic system must provide the incentives to do those things that alleviate scarcity—produce more and consume less.An economic system must provide the incentives to do those things that alleviate scarcity—produce more and consume less.

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There was a gradual decline in sales. Sales declined gradually (noun usage) (verb usage) Enrollment increased by 4% in 1997. There was a 4% increase in enrollment in 1997. Immigration rose to 800,000 in 1999. Immigration rose by 20,000 in 1999. (to a point/number) (by increment) There was a 20% rise in immigration. (percentage)

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Economics is the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society.One of the key words in the definition of the term “economics” is coordination.

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F/S is final study of project  most important study in preparation period of investment. Hitachi confirm that 75% of total cost of their project is decided in design period ( Design is one phase in F/S). Mazda confirmed that 50% of product quality is decided by design. Until the time of F/S completion, project owner just spent around 5% of total project cost. If F/S confirm that the project is feasible, project owner may invest and they shall spend 95% of total project cost.  It means that F/S is very important...

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