Cost and Revenue Curves Simulation Having different business objectives is one way of showing the differences in output and its way to use total revenues and total cost curves. The shape of the total cost will depend on what happens to marginal cost. The profit maximizing outputs occurs when at the greatest vertical distance between the TR and TC curves. However‚ revenue maximization occurs at a higher output level. Any corporation is an organization with several groups like employees‚ managers
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Revenue and Capital Expenditure Revenue and Capital expenditure are slightly different. Revenue expenditure is money that is spent on items that are only going to be used once‚ such as printer paper‚ stock‚ repairs‚ petrol etc. These items would go under expenses in the profit and loss account and would be included as part of revenue in balance sheet. Capital Expenditure is money spent by a business on items that are going to be used more than one time‚ for example machinery‚ buildings and
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Jackson was a protector of democracy for "Equal protection and equal benefits" for all men. He wanted to be rid of any organization or institution promoting specific privilege to anyone. Jackson felt that over time‚ the offices of the federal system had grown mold to a uniform party. He proceeded to seek diversity amongst officers‚ and while he removed no more officials than Jefferson‚ he succeeded in diversifying the system. Since he believed that the power belonged to the people‚ Jackson instituted
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believe that races were equal. At a speech in Springfield‚ Illinois‚ he openly says that in some respects‚ a black woman is “certainly not my equal” (3). Here he is focusing more on the fact that she is black rather than that she is a woman‚ but either way‚ he sees himself as more superior that her. But in respect to human rights‚ he believes that she does have her‚ for example‚ “natural right to eat bread [that] she earns with her own hands” (3). She is his equal and “equal of all others” in this
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disadvantages of price wars for different social groups By Nelson Rodriguez Price war is a situation in which rivals companies try to increase the number of consumers by attracting those who are buying from other companies through price lowering (This is common for commodity products that are so similar that price reduction may look as the only alternative to gain more customers).After each reduction there is a period of stability in which all afferents have the same price‚ but this equilibrium
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History 2111 Dr. Mimh - Roberto Arguedas November 21‚ 2013 Word Count – 2‚427 “All Men are Equal” But are We Really Equal? In 1776 it was stated that our country was based upon one simple truth‚ "That all men are created equal; that they are endowed by their creator with certain inalienable rights; that among these are life‚ liberty‚ and the pursuit of happiness." (Declaration of Independence) Though stated with a poetic justice‚ this statement did not hold true for all people living in America
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of price war. The price charged by Title King is $ 20‚000. Ajax has the following short-run cost curve: TC = 800‚000 - 5‚000Q + 100Q^2 a) Compute the marginal cost curve for Ajax answer: Marginal Cost (MC) = dTC/dQ Since the derivative of a constant = 0‚ MC = -5‚000 + 200Q b) Given Ajax pricing strategy‚ what is the marginal revenue function for Ajax? Since Ajax is pricing as if it were a perfectly competitive firm‚ then‚ it’s price would equal its marginal revenue‚ thus:
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MIDLANDS STATE UNIVERSITY GRADUATE SCHOOL OF BUSINESS LEADERSHIP NAME JOSHUA NKOMO MODULE ORGANISATIONAL BEHAVIOR MODULE CODE MBM 701 LEVEL 1:1 LECTURER DUE DATE 3 FEBRUARY 2013 QUESTION 1 INTRODUCTION Plumtree Town Council is an organization established in terms of the Urban Councils Act Chapter 29:13. This organization often behave like “sluggish thermostat”. It delays in taking action until crisis develops. This trend seems to
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and financial statements of the Patton-Fuller financial information. This paper will summarize the relationship between revenue sources and expenses and explain the effect of revenue sources on financial reporting and reviewing the annual reports of 2008-2009‚ and the differences between the audited and the unaudited statements‚ as well as determine how the hospital’s revenues and expenses are grouped for planning and control. How did the audited and unaudited financial statements differ? After
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The history of Land Administration dates back to the olden days of kings and Kingdoms. The Land Revenue was the major source of revenue for the kings. The present system of preparing and maintaining land records originated from the Moghul period and it reached its scientific form during the British rule. During the British times the Revenue Department was the pivot of Administration. The Board of Revenue that wielded extraordinary powers administered it. The Collector was the virtual monarch at the
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