05/08/2012 Last topic: THEORY OF THE FIRM Topic 5 Market Structures (I) Nature of the firm Theory of production Fixed v/s Variable factors Time periods Product concepts – TR‚ AR‚ and MR Product curves & Economic intuition Theory of costs – Short Run TC‚ FC and VC (AFC‚ AVC and SAC) SAC and SMC Cost curves & Economic intuition Relationship between product and cost curves Theory of costs – Long Run TC LAC and LMC Cost curves & Economic intuition Economies and Diseconomies of scale Theory
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Quirky We make invention accessible. * Quirky – Brain Child of Ben Kaufman a Social Entrepreneur. Quirky is a platform for product ideas that are not generated as part of formal Business and Technology incubation process. But it is a platform where anyone can present his/her idea by paying consideration of USD 10. Basically many people get ideas while actually delivering the tasks and Quirky brings such people together. * It uses crowdsourcing to develop the product‚ by engaging participants
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Many people experience the loss of innocence every day because it’s just a natural thing. One way that people loss their innocence is through the violence of war. Most people in a war will come unto the fact that it’s a kill or be killed kind of thing. Everyone would naturally choose to kill another man and that’s how many people in a war end up losing their innocence. Another way that people lose their innocence is when they witness the death of someone else. In the book “Fallen Angels‚” Lieutenant
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Why do people still go to the cinema? In this modern age we have computers‚ which contain the Internet. The Internet theoretically has endless capabilities and in this modern day people can get hold of any type of media they want whether that be music‚ TV shows‚ movies and games; even movies that have not been released. So with all of this in everyone’s grasp people can watch or listen to what ever they want to do thanks to streaming websites or websites that contain torrent downloads where you can
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The Day The Children Died Kyle Smith Gail Cameron Wescott in Birmingham and David Cobb Craig in New York City Photographs by Ann States/SABA SUNDAY SCHOOL HAD JUST LET OUT‚ and Sarah Collins Cox‚ then 12‚ was in the basement with her sister Addie Mae‚ 14‚ and Denise McNair‚ 11‚ a friend‚ getting ready to attend a youth service. "I remember Denise asking Addie to tie her belt‚" Cox‚ now 46‚ says in a near whisper‚ recalling the morning of Sept. 15‚ 1963. "Addie was tying her sash. Then it happened
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DALAL & SHAH City Office East & West Insurance Building‚ 2nd Floor‚ 49-55‚ Bombay Samachar Marg‚ Fort‚ Mumbai - 400 023. India. Tel : + 91 - 22 - 22665251. Fax : + 91 - 22 - 22661503. Surburban Office The Regency"‚ Office No. 11‚ National Library Road‚ Bandra (West)‚ Mumbai - 400 050. India. Tel : + 91 - 22 - 26513540. Fax : + 91 - 22 – 26513539 www.dalalandshah.com ENGINEER & MEHTA (Chartered Accountants) Atlas‚ Khatau House‚ Ground Floor‚ 7/C‚ Moghul Lane‚
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Techniques of Montage in Run Lola Run to Create Dialectical Meaning Run Lola Run (Tom Tykwer‚ 1998) is a film that is edited together in a way not necessarily for traditional continuity editing‚ rather to create meaning for the shots in the film. It is edited at a very fast pace‚ leaving many shots to be only one or two seconds long‚ with the main focus being on the film’s various attractions to get meaning across to the viewer. This type of montage aligns specifically with Sergei Eisenstein’s theory
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argue that in When You’re Six‚ Nice Rodriguez expresses the rage of the loss of innocence‚ deprivation of basic rights and emotion struggle a six-year old girl goes through‚ for being a butch‚ by using the pronoun‚ you in telling the story to make readers personalize it. In the very beginning‚ the character is represented as an abnormal six year child who knows is a butch and should act and react unique. As illustrated‚ butches are expected to be fearless‚ emotionless‚ strong‚ girls when a girl behavior
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THE THEORY OF THE FIRM Notes by:Ramon Somar THE THEORY OF THE FIRM Even though managerial economics is not concerned solely with the management of business firms‚ this is its principal field of application. To apply managerial economics to business management‚ we need a theory of the firm‚ a theory indicating how firms behave and what their goals are. The concept of the firm plays a central role in the theory and practice of managerial economics. An understanding of the reason for the existence
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Employees Duty to the Firm Harmony between employees and employers is only possible only when there is no selfishness in the relationship. There are a lot of employers or firms obligation to an employee. But for every employer’s obligation there is also a corresponding obligation or responsibility of employee to the employer. While employers give what is just and right‚ employees should also be obedient‚ because obedience counts a lot. An employee should be respectful while an employer should not
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