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Free research papers and essays on topics related to: utility

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  • 1 Explain Consumers Equilibrium Through Law Of Equimarginal Utility - 814 words
    1. Explain Consumers Equilibrium through Law of Equi-Marginal Utility (Law of Equi-Marginal Utility, Law of Substitution) Introduction The Law of Equi-Marginal Utility is an extension to the law of diminishing marginal utility. The principle of equi-marginal utility explains the behavior of a consumer in distributing his limited income among various goods and services. This law states that how a consumer allocates his money income between various goods so as to obtain maximum satisfaction. Assumptions The principle of equi-marginal utility is based on the following assumptions: (a) The wants of a consumer remain unchanged. (b) He has a fixed income. (c) The prices of all goods are given and ...
    Related: consumers, equilibrium, marginal utility, utility, market price
  • Electrical Utility Deregulation Is The Process Of Transforming Electrical Utility Companies From Regulated Monopolies To Mark - 1,071 words
    Electrical utility deregulation is the process of transforming electrical utility companies from regulated monopolies to market-driven suppliers of competitive energy and services. (Reliant Energy HL&P 1999) It means that customers will have the ability to choose their electrical supplier. Todays utility customers want lower prices, more choice, and better service as well as reliability. The deregulation of other industries such as railroad, trucking, natural gas, and telecommunications has shown people that choice can provide better value. The deregulated electric utility industry would look and act a lot like the long distance phone business. The market would set electricity rates. Sharp i ...
    Related: deregulation, electrical, mark, transforming, utility
  • Electrical Utility Deregulation Is The Process Of Transforming Electrical Utility Companies From Regulated Monopolies To Mark - 1,094 words
    ... the Energy Policy Act, the Federal Energy Regulatory Commission (FERC) ordered utilities in 1995 to open their transmission systems to outside energy providers. (National Association of Development Organizations, 1998) So far fifteen states have approved electrical utility deregulation. What follows here is a summary of some of their plans, based on information from the states and surveys collected by the Electrical Power Supply Association, and the National Rural Electric Cooperative Association. Arizona State regulators will allow competition for 20 percent of customers by 1999, for 50 percent by 2001 and for all by 2003. Two utilities have filed suit to challenge the plan California ...
    Related: deregulation, electrical, mark, transforming, utility
  • Utility: An Impartial And Equitable Standpoint - 916 words
    Utility: An Impartial And Equitable Standpoint Utility: An Impartial and Equitable Standpoint Mackey- Philosophy 318 Section Wednesday 12:00- 1:00 Tu Phan Phliosophy 318- Mackey The foundation of Utility is based on John Stuart Mill's notion that one must strive to act in such a way to produce the greatest good of the greatest number. Utility itself relies on the responsibility of the individual to remain impartial in his endeavor to produce the greatest good, looking past such extrinsic influences that may render the individual to seek a biased sense of satisfaction. In order for Utility to function as Mill wanted it to, honest judgment and objectivity must be an essential part of one's dri ...
    Related: equitable, impartial, standpoint, john stuart mill, john stuart
  • Abortion In Utilitarian Terms - 1,387 words
    Abortion In Utilitarian Terms Abortion This essay is an analysis of abortion in utilitarian terms. Compared to some writings on abortion, it is very short. And it is short for good reason: utilitarianism really has very little to say on this issue. Intuitionists will predictably take this as proof of the inadequacy of utilitarianism. The utilitarian, however, after noticing the various muddles produced by the intuitionist - the arguments over whether the fetus is a person, whether one person has the right to the use of another's body and/or whether someone has the right to determine what occurs in their own body (and in the case of both, the interminable debates as to what is to be done abou ...
    Related: abortion, utilitarian, animal abuse, high cost, poorer
  • Absolutism And Relativism - 1,251 words
    Absolutism And Relativism Absolutism and relativism are two extreme ethical approaches to reality. While they are both valid and supported by facts, they are very contrasting in their views. Values are what a person cares about and thinks is worthwhile. For example, values can include life, love, religious faith, freedom, relationships, health, justice, education, family and many other things. Usually these values are what provides the passion in a person's life, and gives them hope and a reason for being. A person might go to any lengths to protect what they feel is right and to preserve these values. Values can be divided up into two subcategories: absolute and relative. Absolute values de ...
    Related: absolutism, relativism, john stuart mill, more important, fundamental
  • Accounting And Auditing Processes - 895 words
    Accounting and Auditing Processes Justin Denman Accounting and Auditing Processes March 4, 2000 Writing Assignment #1 Revenue Recognition Policies The purpose of this paper is to compare the revenue recognition policies of two companies in the search, detection, navigation, guidance, and aeronautical systems industry. The two companies I have selected are Aerosonic Corporation, and Esco Electronics Company. Esco Electronics Company is engaged in the design, manufacture, sale and support of engineered products. These products are used principally in filteration/fluid flow applications, electromagnetic compatibility (EMC) testing, and electric utility communications and control systems. The fi ...
    Related: accepted accounting, accounting, auditing, generally accepted accounting principles, processes
  • Acid Rains - 540 words
    Acid Rains Acid rain refers to all types of precipitation--rain, snow, sleet, hail, fog--that is acidic in nature. Acidic means that these forms of water have a pH lower than the 5.6 average of rainwater. Acid rain kills aquatic life, trees, crops and other vegetation, damages buildings and monuments, corrodes copper and lead piping, damages such man-made things as automobiles, reduces soil fertility and can cause toxic metals to leach into underground drinking water sources. Rain is naturally acidic because carbon dioxide, found normally in the earth's atmosphere, reacts with water to form carbonic acid. While "pure" rain's acidity is pH 5.6-5.7, actual pH readings vary from place to place ...
    Related: acid, acid rain, carbon dioxide, bodies of water, dioxide
  • Agency Missed Early Tire Warnings - 1,113 words
    ... ncluded in the 1.4 million covered by the advisory a variety of 15 and 16-inch tires but only if consumers requested the change. Of the 148 deaths, NHTSA said 121 were reported directly to the agency, while the remainder were uncovered by Ford, Firestone and State Farm Insurance Co. in the course of the investigation. There also have been reports of 53 deaths deaths linked to the tires and Explorers in the Middle East and Venezuela. Firestone Narrows Flaw Probe By Caroline E. Mayer and James V. Grimaldi Washington Post Staff Writers Wednesday, September 13, 2000 ; Page A01 A top Bridgestone/Firestone Inc. executive told Congress yesterday that the company has narrowed its search into w ...
    Related: agency, tire, ford explorer, appropriations committee, characterized
  • Air Pollution - 1,567 words
    Air Pollution Acid rain is a problem that has plagued earth for years. It is poisoning our waters, animals, plants, soil, and more. It is a problem that can not be ignored or it might have catastrophic results on our environment. Acid rain is caused by air pollution, which is due to man-made actions. Scientists have discovered that air pollution from the burning of fossil fuels is the major cause of acid rain. Power plants and factories burn coal and oil, which is used to produce the electricity we need to heat and light our homes and to run our electric appliances. We also burn natural gas, coal, and oil to heat our homes, and our cars, trucks, boats, and airplanes use gasoline to run, whic ...
    Related: air pollution, pollution, pollution prevention, power plants, fossil fuel
  • Airport Privatization - 1,436 words
    ... ant to have to worry about cleaning up anything that might be unearthed later. Problems with reuse As construction began, planners soon discovered that although the city was saving time and money by reusing Bergstrom, there were drawbacks. One example came the day after the Air Force vacated the base. All across Bergstrom, residents and employees had turned off the water when they left. The resulting water pressure was more than the old system of pipes could handle. The city field staff ran around for months chasing water leaks. The city soon discovered that much of the base's utility system could not be reused, resulting in one of the first increases in the airport budget. Utilities the ...
    Related: airport, international airport, privatization, international affairs, surrounding area
  • Albert Jung - 977 words
    Albert Jung Abstract: This lab assignment is to observe certain substances and observe its physical and chemical changes in different environmental conditions. We first observed its physical properties, such as physical state and color and recorded it on paper. Then we did different types of experiments on some of the substances and observed the chemical changes. Some of the chemical changes where endothermic, exothermic, changes in color and changing of its physical state. We recorded the observations. Introduction: The purpose of this experiment is to observe and record the physical properties and the chemical changes and to decide whether the changes were physical or chemical. We were giv ...
    Related: albert, jung, melting point, boiling point, heat
  • Alcohol Related Crashes - 801 words
    Alcohol Related Crashes "Alcohol related crashes are the leading cause of deaths for teens," states Dr. Mark S. Gold of Fair Oaks Hospital. It's drinking that harms or endangers the drinker or other people. Drinking and driving is an extremely dangerous form of alcohol abuse. Teenage drinking may cause fights with family and friends, sometimes ending in injuries or death. Loss of coordination and judgment makes drinkers accident prone. Teenage arrests for drunkenness or creating a disturbance are not only embarrassing but they can also mean a damaging arrest record (7). Teenage alcoholism is a serious problem which destroys the lives of many adolescents. In order to understand the controvers ...
    Related: alcohol, alcohol abuse, drugs and alcohol, lexington books, peer pressure
  • America Tax - 1,178 words
    America Tax Running head: Taxes Taxes: Who benefits and who gets ripped off Taxes 2 Abstract Taxes are the dollars that we pay to government to supply the services that are not or can not be provided through the free enterprise system. Taxes have been around since the beginning of organized societies. They come in various forms. Most common are income taxes both federal and local government. These taxes are assessed on the amount of income a person earns. Other taxes come in the form of user taxes; these taxes are imposed on the people that are using the goods being taxed, such as gas tax, alcohol tax, sales tax, and luxury taxes. Property taxes make up the major revenues for local and city ...
    Related: america, national defense, property tax, primary education, furthering
  • American Honda Motor Corporation - 718 words
    American Honda Motor Corporation Honda Corporation and U.S. Markets After investigating the U.S. market and getting positive feedback, Honda exported over 50,000 CR-Vs to the U.S. in 1997. The target markets for this sporty looking new CR-V were consumers between the ages of 23 - 34, referred to sometimes as generation X. At $20, 000 however, in comparison to its competitors who offer vehicles at a cheaper cost, one might ask the question - why such a high price tag? An article on generation X from demographics.com sums the answer to this question up nicely: 54 percent of Gen Xer's have established a financial plan 88 percent want investment advice 46 percent already own mutual funds Pop ...
    Related: american, corporation, honda, honda motor, motor
  • An Ethical Dilemna - 1,185 words
    An Ethical Dilemna Dilemma- Taken from: Business Ethics - Ethical Decision Making and Cases A Real Life Situation pages 62-63 After three years with the company, Sandy was promoted to assistant plant manager. This was a big step for Unity Welding and Construction, as well as for the industry; Sandy was one of only a handful of women who had broken through the "glass ceiling" and made their way into management. She had proved to the men around her that she deserved the job, and she was now being toasted by assistant managers from other plants across the country John, her boss, had been her advocate with the company. He had personally lobbied upper management in her behalf. Unity Welding and C ...
    Related: ethical, ethical decision, ethical decision-making, environmental protection agency, quality control
  • An Ethical Dilemna - 1,165 words
    ... will have to say that overlooking everything would benefit almost everyone involved. Sandy will have to doctor up the quality-control reports, but this is considered acceptable in the Utilitarianism viewpoint because she will save many peoples jobs. If Sandy does modify the quality-control reports, she will be supporting John who has helped and supported her career when no one else believed in her. This decision would also benefit the good of the company because they would not have to layoff their most productive workers around the Christmas holidays. If they did lay off their most productive workers, the company would be left with the least productive and lazy workers because they have ...
    Related: ethical, ethical behavior, ethical decision, ethical decision-making, ethical standards
  • Analyis Of English Only Law Essays Pro Vs Con - 1,023 words
    Analyis Of English Only Law Essays -- Pro Vs Con Let's play a game of "WHAT IF?" However, instead of using childish concerns as the focus of our game, let us concentrate on socio-politcal issues. As a matter of fact, we have been playing a game of "WHAT IF?" throughout the entire semester. For instance, WHAT would have happened IF the constitutional congress had not merged the Virginia Plan and the New Jersey Plan? Or, WHAT would happen if the delegates to the electoral college went against the grain and decided to cast their votes for whomever they saw fit? In fact, one big example of the "WHAT IF?" game would be the reflection papers assigned this semester. The purpose of these papers was ...
    Related: analyis, learn english, cultural awareness, negative effect, mainstream
  • Anarchy - 1,144 words
    Anarchy Anarchy is seen as one end of the spectrum whose other end is marked by the presence of a legitimate and competent government. International politics is described as being spotted with pieces of government and bound with elements of community. Traditionally, international-political systems are thought of as being more or less anarchic. Anarchy is taken to mean not just the absence of government but also the presence of disorder and chaos. Although far from peaceful, international politics falls short of unrelieved chaos, and while not formally organized, it is not entirely without institutions and orderly procedures. Although it is misleading to label modern international politics as ...
    Related: anarchy, foreign direct, world government, human rights, interdependence
  • Anaysis Of Turkey - 2,155 words
    Anaysis Of Turkey Analysis of Turkey 1999 Political Stability: (4)***(3) Probably the most unpredictable facet of Turkey at this time. It remains to be seen if the instability will level out and stabilize. A recent election has brought a new president to power Suleyman Demirel. Consequently, the next few months are likely to prove beneficial for political critics in Ankara as well as elsewhere but perhaps less so for those who have been waiting patiently for a strong and decisive government to tackle Turkey's many pending problems. The country of Turkey has a population where more than One-Half of the people are under the age of 35, the consensus is too bring a leader with new ideals and sen ...
    Related: anaysis, turkey, raw materials, criminal justice, tight
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