5.1 Factors of production Capital 5.1 Factors of production KE Y I DEA The four factors of production are land‚ labour‚ enterprise and capital. Land This means the land itself‚ and any natural resources that come with it. So oil‚ natural gas‚ bauxite‚ fertile soil‚ a pleasant climate and sandy beaches are all included in this factor of production. Every business uses some physical space – though‚ for example‚ a bank or small home-based business uses much less land than an agricultural
Premium Jamaica Capital
COST OF PRODUCTION CONTENTS 1. Introduction 2. Types of costs 3.1 Opportunity‚ implicit and explicit costs 3.2 Fixed and variable costs 3.3 Average costs 3. Types of cost curves 4.4 Marginal cost curve 4.5 Average cost curves 4. Costs in Short run and in the Long run 5.6 Short run 5.7 Long run 5.8 Economies of scale 5. Cost analysis in the real world 6.9 Economies of scope 6.10 Experiential
Premium Costs Economics of production Economics
CPA Regulation Negotiable Instruments and Secured Transactions Negotiable Instruments and Secured Transactions What is a note and who are the parties to a note? © 2011 HOCK international 91 A note is a written promise to pay money. Notes are different from drafts in that notes are a promise to pay. If there is any doubt whether a document is a note or a draft‚ the holder of the document can decide what it is. There are two parties involved in a note. 1) The Issuer (Maker) is
Premium Promissory note
EUROPEAN ACADEMIC RESEARCH‚ VOL. I‚ ISSUE 8/ NOVEMBER 2013 ISSN 2286-4822‚ www.euacademic.org IMPACT FACTOR: 0.485 (GIF) DRJI VALUE: 5.9 (B+) Mythic Interpretations using Sociological Perspectives in South Asian Literature: An Analysis of Girish Karnad ’s Naga Mandala INAM UL HAQ Institute of Social and Cultural Studies University of the Punjab‚ Lahore Pakistan Abstract: The article shall explore the interpretations of myth in Girish Karnad’s play‚ Naga Mandala (1987-88). The paper
Premium Sociology Mythology
Chapter 4 - Methane production 4.1 Microbial consortia and biological aspects of methane fermentation 4.2 Molecular biology of methanogens 4.3 Developments in bioreactor technology References Methane fermentation is a versatile biotechnology capable of converting almost all types of polymeric materials to methane and carbon dioxide under anaerobic conditions. This is achieved as a result of the consecutive biochemical breakdown of polymers to methane and carbon dioxide in an environment
Premium Anaerobic digestion Methane Bacteria
Outline 1. Interactive session Intro to IT Fundamentals Tutorial 3 08 / 10 /2012 Tutor’s Name: Rachel Yen Chong 2. Assignment 2 3. Review Questions 1 2 Interactive session: Technology: Is IPad a Disruptive Technology? 1. Evaluate the impact of the iPad using Porter’s competitive forces model. 2. What makes the iPad a disruptive technology? Who are likely to be the winners and losers if the iPad becomes a hit? Why? 3. What effects will the iPad have on the business models of
Premium Value chain Customer relationship management Marketing
1. Introduction Today‚ life insurance actually the one of everybody needs. As we know‚ it is a type of financial protection to anyone who bought it. Basically‚ life insurance is an agreement between insurance policy holder and insurer‚ where the insurer promises to pay an amount of sum assured to beneficiary upon the death of the life insured. In other words‚ an individual’s pure risk is shifted to insurer in the consideration of premium paid by the policyholders. The premium is either paid regularly
Premium Life insurance Term life insurance Insurance
Production Cycle The production cycle is a set of business activities and data processing operations associated with the manufacturing of products. Louwers (2007) points out that “the production cycle is closely linked to the acquisition cycle in which goods and services are purchased and to the revenue cycle in which the inventory is sold (p. 328). As products cycle through the stages from raw goods all the way through finished goods‚ the production cycle is concerned with how to account for
Premium Supply chain management terms Manufacturing
manufacturing activities necessarily generate some form of waste. The manufacturing process does not consist of hundred percent of conversion of material and energy inputs into usable final products; some portion of the material and energy inputs inevitably ends up wastes. When the waste generated exceeds the maximum assimilative capacity of the environment it becomes pollution. This seminar focuses on LEAN productions‚ which aims at elimination of wastes there by reducing the environmental degradation
Premium Lean manufacturing Manufacturing
“Raw”‚ composed by Scott Monk‚ Brett a young offender is sent to a detention centre to reform and attain a second chance in life. However‚ through the use of Brett’s derogatory colloquialism‚ such as ‘pigs’ in reference to the police‚ it’s made clear that Brett is resistant to the law. As a result Brett is sent to The Farm‚ a facility that aims to turn young offender’s lives around‚ by reforming them. The Farm works on the principals of care‚ trust and responsibility. There are no fences or guards
Premium English-language films Fiction 2007 singles