Microeconomic Analysis Essay Example | Topics and Well Written Essays - 250 words

Microeconomic Analysis - Essay Example This leads to creation of awareness of the product and thus an increase in the demand. The cost of other substitutes: electricity is the major substitute to solar panels (Denholm 2007). The high cost of electricity as compared to solar panels is pulling away many individuals to consumer the solar panels. Between 2006 and 2011, Europe represented more than 70 percent of global solar installations. In 2008 and 2010, the region made up roughly 85 percent of installations, the supply of solar panels therefore is a major factor in determining whether to venture into the contract business (Denholm 2007). Supply in the number of commodities the suppler is willing to sell at a given period of time. With the government intervention in the supply of the commodities the supplies have a ready market to supply to. This therefore enhances the demand to supply the commodity. The willingness of individual households and businesses to install solar panels is a major boost to the willingness of the suppler to produce the goods. Then levels of inventory have remained low in the recent past and therefore the venture is a great opportunity for Cindy. The region has expressed a huge market for solar panels with the government subsidy and the high cost of substitutes then the business is most likely to be a profitable venture for Cindy (Denholm 2007). I recommend her to venture into contract installation of solar panels and will definitely get the return on

Hydrolics Lab Report Example | Topics and Well Written Essays - 1500 words

Hydrolics - Lab Report Example Pressures are examined at low, mid and also at high flow conditions. The spillway is one of the most important structures that should be given priority in a dam project. Spillways constructed along with the dams help in controlling excess water or flood hence ensuring the safety of the project. It is also vital that the design of the spillway facilities be done with enough capacity to help avoid overtopping of the dam, especially where an earth fill or rock fill dam type is used for the purpose of the project. The ogee-crested spillway has superior hydraulic characteristics. It has the ability to pass flow efficiently and safely when it is properly designed, with good flow measuring capabilities and this has enabled its application in a variety of situations by engineers. Though much is understood about the ogee shape and about its flow characteristics, it is also clear that a slight deviation from any conventional design parameter like change in the upstream flow conditions, a slightly modified crest shape or construction variations can significantly alter properties of the flow. These minor adjustments require that engineers carry out evaluation of the crest and also to determine whether the change or deviation will adversely affect the performance of the spillway or not. The ski jump spillways are basic in their design as they transfer the excess water from behind the dam. They usually have a â€Å"flip lip† and a dissipater basin which helps create a hydraulic jump and therefore protecting the toe of the dam from erosion. . An Ogee spillway was properly installed and the highest discharge was chosen and then using the weir boards, we created a USBR Type 1 stilling basin, with a hydraulic jump being within the stilling basin. We also ensured that the gradient on the flume was set at 3%. †¢ . Similarly a ski jump spillway was properly installed and the highest discharge was chosen and then using the weir boards, we created a USBR Type 1 stilling