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An example she gives is a quota on sugar imports in the United States, which generates 2261 jobs at the expense of a general welfare reduction of $1,162 million (Hufbauer and Elliott, 1994). Then the implicit price for a job in the sugar industry is above $500,000, allowing for significant room for Pareto improvement. Political puzzles are ...
In this living room lighting idea, the design firm Kemble Interiors chose to direct the light toward the built-ins and book spines, casting a softer glow across the rest of the living room.
Displacement ventilation systems supply air directly to the occupied zone.The air is supplied at low velocities to cause minimal induction and mixing. This system is used for ventilation and cooling of large high spaces, such as auditorium and atria, where energy may be saved if only the occupied zone is treated rather than trying to control the conditions in the entire space.
Distributed manufacturing, also known as distributed production, cloud producing, distributed digital manufacturing, and local manufacturing, is a form of decentralized manufacturing practiced by enterprises using a network of geographically dispersed manufacturing facilities that are coordinated using information technology.
The report states that after the luxury market's sales ratio percentage for single-family homes was 22.3% in 2023, representing a seller's market, it had moved to 19.4% in 2024, representing a ...
Diseconomies of agglomeration are the opposite. For example, spatially concentrated growth in automobile-oriented fields may create problems of crowding and traffic congestion. The tension between economies and diseconomies allows cities to grow but keeps them from becoming too large.
Concentrated positions in the stock of one’s employer can be especially dangerous, in our view The more a concentrated position underperforms, the more difficult it becomes to execute a well ...
The concentration ratio (CR) is a measure of how concentrated a market is. [9] By dividing the overall market share by the sum of the market shares of the largest enterprises, it is calculated. It can be used to assess the market's strength over both the short and long haul.