Volume Quotes - page 8
The size of a firm influences its competitive policies in a number of ways. In the first place the scale of its purchases and sales relative to the total volume of transactions in the firm's market is one indication of the extent of its market control. Taken in conjunction with other data it may throw a good deal of light on price and production policies. Certain authorities, on the other hand, brush aside figures on the relative size of firms as irrelevant and emphasize the decisive importance of the elasticity of the firm's demand curve. 3 It would no doubt be extremely convenient if economists knew the shape of individual demand and cost curves and could proceed forthwith, by comparisons of price and marginal cost, to conclusions regarding the existing degree of monopoly power. The extent to which the monopoly theorists, however, refrain from an empirical application of their formulae is rather striking.
Edward S. Mason
Carbon dioxide is unusual because it doesn't go through the usual three phases of matter, from solid to liquid to gas, but it goes straight from solid to gas. The volume of the gas is much greater than the volume of the solid. When a solid turns into a gas, we say it sublimes. The process is sublimation.
Robert Winston
Sudden and near the trumpet's notes out-spread,
And soon his eyes could see the metal flower,
Shining upturned, out on the morning pour
Its incense audible; could see a train
From out the street slow-winding on the plain
With lyres and cymbals, flutes and psalteries,
While men, youths, maids, in concert sang to these
With various throat, or in succession poured,
Or in full volume mingled. But one word
Ruled each recurrent rise and answering fall,
As when the multitudes adoring call
On some great name divine, their common soul,
The common need, love, joy, that knits them in one whole.
The word was "Jubal!"... "Jubal" filled the air,
And seemed to ride aloft, a spirit there,
Creator of the choir, the full-fraught strain
That grateful rolled itself to him again.
The aged man adust upon the bank
- Whom no eye saw - at first with rapture drank
The bliss of music, then, with swelling heart,
Felt, this was his own being's greater part,
The universal joy once born in him.
George Eliot
2d. Saving space: (a) By the utilization of the large volume of space contained in the slopes of roofs... (b) by the reduction of floor thickness... (c) by the utilization of space (as on shipboard) for lockers, cupboards, closets, etc... (d) by the use of thin partitions... and (e) by elimination of corridors... so that the least possible area may be required for communication.
Ernest Flagg
