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Homogenization (from "homogeneous;" Greek, homogenes: homos, same + genos, kind) [5] is the process of converting two immiscible liquids (i.e. liquids that are not soluble, in all proportions, one in another) into an emulsion [6] (Mixture of two or more liquids that are generally immiscible).
Homogeneity and heterogeneity; only ' b ' is homogeneous Homogeneity and heterogeneity are concepts relating to the uniformity of a substance, process or image.A homogeneous feature is uniform in composition or character (i.e., color, shape, size, weight, height, distribution, texture, language, income, disease, temperature, radioactivity, architectural design, etc.); one that is heterogeneous ...
Bertrand's model assumes that firms are selling homogeneous products and therefore have the same marginal production costs, and firms will focus on competing in prices simultaneously. After competing in prices for a while, firms would eventually reach an equilibrium where prices would be the same as marginal costs of production.
A norm over a real vector space is an example of a positively homogeneous function that is not homogeneous. A special case is the absolute value of real numbers. The quotient of two homogeneous polynomials of the same degree gives an example of a homogeneous function of degree zero. This example is fundamental in the definition of projective ...
The separation of homogeneous catalysts from products can be challenging. In some cases involving high activity catalysts, the catalyst is not removed from the product. In other cases, distillation can extract volatile organic products. Homogeneous catalysts have limited thermal stability compared to heterogeneous catalysts.
There is more than one firm and all firms produce a homogeneous product, i.e., there is no product differentiation; Firms do not cooperate, i.e., there is no collusion; Firms have market power, i.e., each firm's output decision affects the good's price; The number of firms is fixed; Firms compete in quantities rather than prices; and
Example: Agricultural products which have many buyers and sellers, selling homogeneous goods where the price is determined by the demand and supply of the market and not individual firms. In the short run, a firm in a perfectly competitive market may gain profits or loss, but in the long run, due to the entry and exit of new firms, price will ...
Brass is an example of an alloy, being a homogeneous mixture of copper and zinc. Another example is steel, which is an alloy of iron with carbon and possibly other metals. The purpose of alloying is to produce desired properties in a metal that naturally lacks them. Brass, for example, is harder than copper and has a more gold-like color.