the long run‚ perfect competitive firms only earn normal profit. This is due to the easy entry and exit of firms into the market. Easy entry is mean that a new firm can easily enter the market if it established supernormal profit in the short run‚ new firms enter the industry and this increase the supply of the product. As result‚ the price falls and reduces the profit. New firms will continue to venture into this business until the profit reach zero. Easy exit is mean that some of the existing
Premium Economics Microeconomics Marginal cost
Introduction Nowadays‚ Global warming is an incontrovertible fact‚ which proves that our planet and its climate are in trouble. Well global warming is a term that denotes a slow warming of the earth’s regular temperature. It was also named exclusively man-made effects‚ in particular carbon dioxide. Carbon dioxide has largely increased during the past forty years‚ and scientists concluded that the average earth temperature has increased solely based on man-made activities such
Premium Global warming
| Can We Save Planet Earth? | | | Lynnette Clay | 5/23/2010 | SCI/275 Carol Rogers Jones | As we all know there is a great effort being made worldwide to counter act the alleged impact of the human footprint on the world ’s climate‚ the earth’s land‚ oceans‚ and atmosphere‚ as well as the health of the inhabitants destroying it! I have a few important questions for my readers to contemplate. Is it possible to keep the air and ocean unpolluted with populations of 10 million
Premium Air pollution Atmosphere Global warming
THE EXPANSOION OF BRITISH RULE IN INDIA!! a) Who was the head of the govt. in British India? ans: governor general b) Which act became the basic framework for administration in India? Ans: Pitts India act [1784] c) Name the 3 pillars on which administration depended in India? Ans: the civil service‚ the army‚ & police. d) Which governor general introduced the subsidiary alliance? Ans: Lord Wellesley. e) Name one settlement each of the Portuguese& French India
Premium British Empire Bihar British Raj
Mars the Red Planet Mars is a very popular planet. Everything from its fascinating color‚ history and myth of Martian existence there. Movies and articles like The war of the Worlds have been made and published on what society believes life and Martians would have been like. Moreover‚ from the research and fascinating facts that I have encountered about Mars‚ I have found more interesting facts that caught my attention. Such as its appearance‚ placement in the solar system‚ composition‚ discovery
Premium Mars Solar System Sun
Vestments and Sacred Vessels used at Mass Amice (optional) This is a rectangular piece of cloth with two long ribbons attached to the top corners. The priest puts it over his shoulders‚ tucking it in around the neck to hide his cassock and collar. It is worn whenever the alb does not completely cover the ordinary clothing at the neck (GI 297). It is then tied around the waist. It symbolises a helmet of salvation and a sign of resistance against temptation. 11 Alb This long‚ white‚ vestment
Premium Eucharist
Report on the Religious Life of Planet Earth Cary C. Coffing SU130350256 Professor Richard Bucher World Religions REL212047VA016-1122-001 January 29‚ 2012 I recently traveled to the planet called Earth to ascertain if people and the planet are religious and what they practice in the aspects of religion. First‚ it is important‚ for you to understand my idea of religion and supporting aspects or views of religion. Religion is not only a way of living but also consider artifacts‚ practices and
Premium Religion Christianity Islam
COST-VOLUME-PROFIT ANALYSIS(CVP) Definition of Cost Accounting A type of accounting process that aims to capture a company’s costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment. Definition of Cost-Volume Profit Analysis A method of cost accounting used in managerial economics. Cost-volume profit analysis is based upon determining the breakeven point of cost and volume of goods. It can be useful for
Premium Management accounting Costs Variable cost
Q. Storage media such as a CD read and write information using -- 1 Magnetic strips 2 Magnetic dots 3 A laser beam of red light 4 All of these Ans: 4 Q. To reload a Web page‚ press the.... button. 1 Redo 2 Reload 3 Ctrl 4 Refresh Ans: 4 Q. The.... controls a client computer’s resources. 1 Application program 2 Instruction set 3 Operating System 4 Server application Ans: 4 Q. The process of transferring files from a computer on the Internet to
Premium Server Computer Graphical user interface
investment) per month are: C = 20‚000 + 50Q + 3Q2 a. Express total profits (() in terms of Q. b. At what level of output are total profits maximized? What price will be charged? What are total profits at this output level? c. What market structure did you assume? Why? d. Would your answers in b change if the market for sewing machines were competitive? How? (Specify price‚ quantity‚ and profit levels.) 2. Zar Island Gas Company is the sole producer of natural gas
Premium Marginal cost Economics Game theory