Much of what we value in life is fluid: a breath of fresh winter air; the hot blue flame in our gas cooker; the water we drink, swim in, and bathe in; the blood in our veins. What exactly is a fluid? Can we understand fluids with the laws already presented, or will new laws emerge from their study? The physical characteristics of static or stationary fluids and some of the laws that govern their behavior are the topics of this chapter.
Fluid Dynamics and Its Biological and Medical Applications explores aspects of fluid flow.
Questions & Answers
Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from
Qd 120 3P
to
Qd 90 3P
and the supply function has shifted from
QS
20 2P
to
QS
10 2P .
a) Find the effect of this change on price and quantity.
b) Which of the changes in demand and supply is higher?
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
Got questions? Join the online conversation and get instant answers!