Marginal concepts

Externalitiy is a very common economic phenomena existing in the current market, and it is also one of the main reasons leading to market inefficiency as well as policy inefficiency. Despite the history of this concept was not so long among other economic theory, it instead plays an very important role in the economy, especially in the field of environmental economy. It is worthwhile to say that internalization of externalities has been discussed by people many years and it is of significance to…

Pecan produces a sale of £59,400 (5400 products sold out of 6000 products produced, £11 each) but however still makes a loss of £6,102 in the gross profit (absorption system) which is -10.27% gross profit margin. In comparison to the gross profit (marginal system), it achieves a total contribution of £17,820 with a C/S ratio of 30%. If Pecan can achieve a sales of 5,955 units then it can breakeven with the cost of sales for the absorption…

competitors are doing—rather than reacting to information. 12.The commitment concept says that plans should ________. A. B. C. D. be done for as long a time period as possible extend far enough to meet those commitments made when the plans were developed be done for as short a time period as possible not commit to specifically meeting the goals made when the plans were developed Correct! The commitment concept is important because a company has to live with the good or bad consequences of…

In Pennsylvania, students may not be introduced to the concept of culture until after fifth grade, as the state and national core curriculum shies away from the general topic until middle school. More specifically, the Wallingford-Swarthmore School District specifies that between kindergarten and fifth grade, the children will “explore the themes of neighborhoods and communities,” and then “learn about United States geography and history” (Curriculum & education). Thus, even though…

Part A- three important points that stood out to you in the article. As I was reading this article, I came across three concepts that caught my eye as I was reading. The first concept that stood out to me in the article was that the author called God a designer- creator of the world. Even though I believe God created a perfect world for us to live in, I never pictured him and or categorized him as a designer of the world. I just labeled him as a savior that protects and forgives others, a…

To begin with, something in chapter 10 that I agree with is the concept of autonomy. This is simply the capability to change what is around you such as the lighting or temperature. This concept is further explicated on page 339 of our textbook and I think that it should be an integral part of educations. A way that I have seen this in play is through a multi-genre research project. The teacher allowed my class and I to pick through a number of reporting options over certain topics that we also…

would be absurd if it was even true and could not be refuted in any argument. To begin with Descartes’ evil genius, there will be two vital topics of discussion, doubt, and certainty. Doubt is a key concept when it comes to Skepticism and even more so when it comes to Descartes’ Evil Genius. The concept is simple, there is an evil genius who takes everything in your life and replaces it with something that is not real. As a result, your surroundings are no longer real. This is where Descartes…

Students are learning every day this is why print concepts are important to students. When teachers use print concepts it helps with the student’s fluency when they are reading. It also helps with the student’s accuracy while reading. Concepts are important for the reason that it teaches students how reading works. I have researched 10 different strategies that teach print concepts. The first one is graphic organizers. Graphic organizers are important because they help students understand things…

Doty’s various descriptions seemed to hinder the meaning of his topics but the multiple ways of conveying the mackerel helped connect to the single idea of community. Doty’s expression of groups seems to be one of praise because groups allow people to live on through one another. The group of fish is made of individuals but they no longer become individuals when they are together. A community is made of different people that make up a common idea and therefore must be represented in different…

historians. The teaching and learning of key historical concepts emphasize on historical knowledge and skills. Building on the work of Herbert Kohl, the concepts of history involves operating within the discipline of history, providing a focus for historical investigation, providing a framework for organizing historical information as well as having a guide for developing historical understanding. Therefore, this essay offers an exploration of the concepts of history forming a crucial basis for…