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The first-referenced meaning of the law – "Work expands to fill the available time" – has sprouted several corollaries, the best known being the Stock-Sanford corollary to Parkinson's law: If you wait until the last minute, it only takes a minute to do.
Newton's second law is sometimes presented as a definition of force, i.e., a force is that which exists when an inertial observer sees a body accelerating. In order for this to be more than a tautology — acceleration implies force, force implies acceleration — some other statement about force must also be made.
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director , George Stigler , and Ronald Coase .
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
For example, an object on a level surface is pulled (attracted) downward toward the center of the Earth by the force of gravity. At the same time, a force is applied by the surface that resists the downward force with equal upward force (called a normal force). The situation produces zero net force and hence no acceleration. [3]
This is the law of the lever, which Archimedes formulated using geometric reasoning. [2] It shows that if the distance a from the fulcrum to where the input force is applied (point A) is greater than the distance b from fulcrum to where the output force is applied (point B), then the lever amplifies the input force. If the distance from the ...
Time (stylized in all caps as TIME) is an American news magazine based in New York City. It was published weekly for nearly a century. Starting in March 2020, it transitioned to every other week.
An expanded definition appears in Economy and Society: A compulsory political organization with continuous operations will be called a 'state' [if and] insofar as its administrative staff successfully upholds a claim to the monopoly of the legitimate use of physical force (das Monopol legitimen physischen Zwanges) in the enforcement of its order.