Marginal Analysis A. Marginal Revenue: The increase in revenue generated from the sale of one additional unit of output 1. If there is a positive value associated with the marginal revenue there is an increase in the total revenue. Once the marginal revenue reaches or arrives at 0 then the total revenue is maximized. A decrease or negative in marginal revenue will cause the total revenue to go down. B. Marginal Cost: The additional‚ extra cost involved
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AIR POLLUTION I-General: Nowadays‚ the environment pollution has been a serious problem to the whole world since it’s getting worse and worse. There are many kinds of pollution like water pollution‚ air pollution or soil pollution. Today‚ our group would like to talk about the air pollution problem. As you can see‚ every day‚ a person inhales about 20‚000 liters of air. Every time we breathe‚ we risk inhaling dangerous chemicals that have found their way into the air. Air pollution includes
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large company. Actual costs Static Incurred budget Activity level (in units) 800 750 Variable costs: Indirect materials $6‚850 $6‚600 Electricity $1‚312 $1‚275 Fixed costs: Administration $3‚570
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Steps Towards an Ecosociety: Dealing with Air Pollution By: Jonathan Roitman For: Dr. Rao Course: Poli 385/2 This essay identifies and explains the problem of pollution facing humanity today. It will also propose one of the first ideas which could more effectively limit air pollution‚ Emission Credit Trading. This can be seen as one of the first steps in the development of an ecosociety. The notion of a viable ecosociety has created considerable problems in terms
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The cost recovery method does not recognize any income on a sale until the cost of the item sold has been fully recovered through cash receipts. Once the seller has recovered all costs‚ any subsequent cash receipts are included in income. The cost recovery method is used when the uncertainty of collection of the sales price is so great that even use of the installment method cannot be justified. Under the cost recovery method‚ both revenues and cost of sales are recognized at the point of sale
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A) List and explain the three reasons Adam Smith said productivity increases with specialization. Who was Adam Smith? a. Adam Smith is writer. He wrote a book titled “An Inquiry into the Nature and Causes of the Wealth of Nations.”+ b. Three Reasons i) Repetition • The more times that an employee performs a task‚ the more capable the employee are at the task. ii) Continuity • A specialized employee doesn’t spend time exchange from one task to another. iii) Innovation • A specialized employee
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pipeline designed for 150‚000 barrels per day‚ what is the short-run cost per barrel (per thousand miles) of transporting crude oil if the throughput is (a) 50‚000 barrels per day (b) 100‚000 barrels per day (c) 150‚000 barrels per day? Using chart 7‚ a) Cost of transporting 50‚000 barrels would be 30 cents. b) Cost of transporting 100‚000 barrels would be 17 cents. c) Cost of transporting 150‚000 barrels would 16 cents. 2. Can a 16-inch pipeline with 10‚000 horsepower transport 100‚000 barrels
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machine. James Birch‚ the overlooker‚ knocked her to the floor. She got up as well as she could. He knocked her down again. Then she was carried to her house…….she was found dead in her bed. There was another girl called Mary……she knocked her food can to the floor. The master‚ Mr. Newton‚ kicked her and caused her to wear away till she died. There was another‚ Caroline Thompson‚ who was beaten till she went out of her mind. The overlookers used to cut off the hair of any girl caught talking to a
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effects of Air Pollution and the Urban Area Air pollution has been and is a growing environmental problem that is closely related to the growth of urban settlements. While the cities and towns of the world grow larger they emit more and more toxic emissions are put out into the air. The purpose of this paper is to discuss the issues that surround air pollution such as the long term impacts of air pollution‚ the short term impacts of air pollution‚ the long term outlook of air pollution‚ the short
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MEASURING COMPETITIVENESS AND LABOR PRODUCTIVITY IN CAMBODIA’S GARMENT INDUSTRY JUNE 2005 This publication was produced for review by the United States Agency for International Development. It was prepared by Nathan Associates Inc. and its partner organizations. Measuring Competitiveness and Labor Productivity in Cambodia’s Garment Industry DISCLAIMER The views expressed in this publication do not necessarily reflect the views of the United States Agency for International Development or
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