average variable cost is a. at the same level of output as the minimum average total cost b. at a smaller level of output than the minimum average total cost c. at a larger level of output than the minimum average total cost d. at the same level of output as the average fixed costs e. same as minimum marginal cost 2. The multiplant monopolist maximises profits when a. Marginal cost equals marginal revenue b. When marginal cost in each plant are equal c. When average cost in each plant
Premium Costs Economics Marginal cost
Running Head: AFGHANISTAN- THE ECONOMIC COST OF WAR Afghanistan- The Economic Cost of War Melinda Tolar MGT 250 Afghanistan- The Economic Cost of War Introduction The September 11 attacks‚ often referred to as September 11th or 9/11‚ were a series of coordinated attacks by al-Qaeda upon the United States on September 11‚ 2001. Early on the morning of September 11‚ 2001‚ nineteen hijackers took control of four commercial airliners en route to San Francisco and Los Angeles…and the rest
Free United States
Jaypee Business School A constituent of Jaypee Institute of Information Technology (Declared Deemed to be University u/s 3 of UGC Act) A-10‚ Sector 62‚ Noida (UP) India 201 307 www.jbs.ac.in ECONOMICS OF STRATEGY - 13MCEC05 PORTER FIVE FORCE ANALYSIS – TEXTILE INDUSTRY SUBMITED BY Page Submission date – September 13‚ 2013 Word count – 3804 1 Five Forces Analysis Template 1) Factors Affecting Rivalry among Existing Competitors To what extent does pricing rivalry or non-price
Premium Price Pricing Supply and demand
In an economic age in which speedy transactions of imports and exports are essential‚ is free trade a necessity for aiding worldwide economic development? At least John F. Kennedy thought so‚ he being the initiator of removing tariffs and other limitations on U.S. imports. His hypothesis was that by doing that‚ other nations would follow America’s example and leadership. However‚ that never happened because the other nations were more concerned with their own problems. Even today‚ the United States
Premium International trade Economics United States
services of hourly‚ daily‚ weekly and fortnightly employees." It also means that remuneration paid to production and maintenance or blue collar employees. Wages means the amount paid to the labor for his services to the employer. Q. Explain the nature of wages? (2 marks) It is remuneration Basis (time‚ task‚ piece‚ commission) Payable by the employer Important component of labor cost Important variable Fair and reasonable value Q. Explain the significance of wages (2
Premium Employment Minimum wage Wage
CompSci 367 Semester 2: Artificial Intelligence Assignment 2: Production Systems and Shift-Reduce Parsing Assessment Due: Wednesday‚ 25 September‚ 2013 11:59 PM Worth: 12 percent of total marks for class Aims of the Assignment This assignment has three purposes. The first is to give you experience with representations based on list structures and with methods for list processing that manipulate them. To complete the exercise‚ you must implement a system that stores information using
Premium Phrase Syntax Production system
Economic growth is defined as the sustained increase in real GDP or GNP per capita over time. Economic growth is desirable for an economy as it increases its real national income and standards of living for its people in general. Although it is desirable‚ economic growth does have its benefits and costs. One benefit would be increased levels of consumption. Provided economic growth outstrips population growth‚ it will lead to higher real income per head. This can lead to higher levels of consumption
Premium Economics Macroeconomics Gross domestic product
Multinationals would be greatly interested in setting operations in Mexico depending in the business being conducted for many reasons. For one‚ 90 percent of in Mexico is under the free trade agreement. Many MNC’s located in Mexico are moving away from importing parts and materials and doing everything in house. Under the terms of the North American Free Trade Agreement only parts and materials from outside originating in one of the NAFTA trading partners are now allowed to enter the processing zones
Premium North American Free Trade Agreement Cross-cultural communication Mexico
The North American Free Trade Agreement (NAFTA) was enacted in November of 1993 with aims to facilitate the free flow of goods‚ services and labor between the United States‚ Canada and Mexico. The ratification of NAFTA created the world ’s largest free market with roughly 390 million consumers and an estimated total output of $8.6 trillion. Clearly‚ this trade alliance has had a major influence on the financial service industries of the participating nations and will continue to do so in the future
Premium Bank Financial services
3/18/13 Research Report on China’s Textile Industry‚ 2012 (7058589) - Print Friendly MarketResearch.com US: 800.298.5699 Int’l: +1.240.747.3093 Fax: 240.747.3004 | Print Research Report on China’s Textile Industry‚ 2012 China Research and Intelligence Co.‚ Ltd. - 7/10/2012 - 70 Pages - ID: CRIC3957553 URL: http://www.marketresearch.com/China-Research-and-Intelligence-Co-Ltd-v3627/Research-China-Textile-7058589/ PDF E-mail From Publisher - $2‚800.00 Global Site License Fulfilled by Publisher
Premium Textile manufacturing Textile Globalization