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File:Etsy logo.svg. Size of this PNG preview of this SVG file: 512 × 256 pixels. Other resolutions: 320 × 160 pixels | 640 × 320 pixels | 1,024 × 512 pixels | 1,280 × 640 pixels | 2,560 × 1,280 pixels. Original file (SVG file, nominally 512 × 256 pixels, file size: 2 KB) This is a file from the Wikimedia Commons.
Social costs are the sum of private costs and external costs. [7] For example, the manufacturing cost of a car (i.e., the costs of buying inputs, land tax rates for the car plant, overhead costs of running the plant and labor costs) reflects the private cost for the manufacturer (in some ways, normal profit can also be seen as a cost of ...
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense.
Having sold more than 600 million copies worldwide, [13] Harry Potter by J. K. Rowling is the best-selling book series in history. The first novel in the series, Harry Potter and the Philosopher's Stone, has sold in excess of 120 million copies, [14] making it one of the best-selling books of all time.
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. [1] In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount.
In economics, the cost-of-production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can comprise any of the factors of production (including labor, capital, or land) and taxation . The theory makes the most sense under assumptions of ...
Sony's PlayStation 2 is the best-selling game system overall with over 155 million units worldwide. [1] A video game console is a standardized computing device tailored for video gaming. Video game consoles usually [2] weigh between 2 and 9 pounds (1–4 kg) on average, [3] and their compact size allows them to be easily used in a variety of ...
For example, if the brokerage cost is $20 per transaction, and the investor has $500 per fortnight available to invest into an asset returning 6% per annum, then the 4% cost of the brokerage is higher than the expected return of 0.23% of having the $500 invested for that fortnight.
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