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
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An efficient transport system is a pre-requisite for sustained economic development of a country. Road transport is the most widely prevalent and used system of transportation. With the fast development of the country‚ the construction of Highways has increased manifold in the country. A conurbation is a region comprising a number of cities‚ large towns‚ and other urban areas that‚ through population growth and physical expansion‚ have merged to form one continuous urban and industrially developed
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The quote shows a strong relation to the efficient market hypothesis (EMH)‚ as it implies that the costs of capital are dependent from the amount of information given by the company. According to my opinion‚ agency theory is a good explanation for costs of capital. Agency theory defines contracts as under which one party – called principal – engages another party – called the agent – to perform service on the principal’s behalf. Concluding‚ the principal delegates
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The pH Scale is a scale made to show how acidic or alkaline a substance is. The pH of something is measured with pH paper which can vary from wide range paper‚ which covers all ph’s‚ but is not as accurate at some others. There are pH papers that get very specific that can have a range such as 2 or 3 and get much more precise. The neutral on the scale is 7. Anything that is below 7 is considered acidic and anything above 7 is considered alkaline. Acidic substances contain more H+ than OH-. H+
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BOYAN JOVANOVIC New YorkUniversity The Diversification of Production produce more than one product. In this sense their production is diversified‚ or horizontally integrated. This paper addresses two questions. First‚ why have firms become more diversified over the past century? And second‚ why are diversified firms more oriented toward research and development (R&D) than nondiversified firms? I tackle these two questions under the assumption that a firm diversifies to maximize its efficiency
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1) WAP to print the Fibonacci series CLS a = 1 b = 1 PRINT a‚ b‚ FOR i = 1 TO 8 c = a + b PRINT c‚ a = b b = c NEXT i END ………………………………………………………………………………. 2) WAP to print the factors of a given number REM Program to print the factors of a given number CLS INPUT “Enter any number”; n FOR i = 1 TO n IF n MOD i = 0 THEN PRINT i‚ NEXT i END ………………………………………………………………………………… 3) WAP to print the greater among ten different numbers REM Program to print greater number among ten
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Batch Production Batch Production is a way of creating items in bulk. In batch production‚ general-purpose equipment and methods are commonly used to produce small quantities of items that will be made and sold for a limited time only. Usually a similar design and process will be used to make a new product‚ cars are a good example of this. Often after car has been made another version will be created that has got new features. In batch production specialized tools or items for construction purposes
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WWW.RASBD.TK Speaking Practice Questions and Answers Introduction 1. Hello. Could you show me your identification card please? Hello. Sure‚ here it is. 2. Could you tell me your full name please? My full name is X. I am also called by my nick name Y. 3. What shall I call you? You could call me X. 4. How are you? I am well thank you‚ and yourself? 5. How old are you? I am 22 years old. In other words‚ I was born in 1980.On the eighth of March 1980‚ to be exact. 6a. Does your name have any special
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Which is stronger emotion or reason? Emotion is the first and easiest response to any situation because it comes naturally‚ and is processed way before reason. Reason only overshadows emotion at very specific and unique times. Emotion is stronger than reason because it is more instinctual‚ heart-felt‚ and irrational‚ while reason is rigid and logical. Firstly‚ emotion outweighs reason because it happens instinctually in a situation before any sort of rational thought can be constructed. This
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see to it that my children are frightened of me.” One of the most powerful men in the western world during a time of great strife said this about the ones closest to him in his life. Why would a man of such potentially great compassion in one of the most fruitful nations of its time feel this way about love and the way to raise a child? The truth is the love of a father for his child is a complicated and delicate matter‚ especially when that child will inherit the responsibilities of ruling a great
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