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2. Minimum efficient scale - Wikipedia

   en.wikipedia.org/wiki/Minimum_efficient_scale

   Minimum efficient scale. In industrial organization, the minimum efficient scale ( MES) or efficient scale of production is the lowest point where the plant (or firm) can produce such that its long run average costs are minimized with production remaining effective. [1] It is also the point at which the firm can achieve necessary economies of ...

3. Principle of minimum energy - Wikipedia

   en.wikipedia.org/wiki/Principle_of_minimum_energy

   The Helmholtz free energy is a useful quantity when studying thermodynamic transformations in which the temperature is held constant. Although the reduction in the number of variables is a useful simplification, the main advantage comes from the fact that the Helmholtz free energy is minimized at equilibrium with respect to any unconstrained ...

4. No frills - Wikipedia

   en.wikipedia.org/wiki/No_frills

   A no-frills or no frills service or product is one for which the non-essential features have been removed to keep the price low. The term " frills " originally refers to a style of fabric decoration. Something offered to customers for no additional charge may be designated as a "frill" – for example, free drinks on airline journeys, or a ...

5. Dissolution of the Soviet Union - Wikipedia

   en.wikipedia.org/wiki/Dissolution_of_the_Soviet...

   The Union of Soviet Socialist Republics (USSR) was dissolved on 26 December 1991 by Declaration № 142-Н of the Soviet of the Republics of the Supreme Soviet of the Soviet Union, formally establishing the dissolution of the Soviet Union as a sovereign state and subject of international law. [1] It also brought an end to the Soviet Union's ...

6. Sinking of the Titanic - Wikipedia

   en.wikipedia.org/wiki/Sinking_of_the_Titanic

   1,490–1,635. RMS Titanic sank on 15 April 1912 in the North Atlantic Ocean. The largest ocean liner in service at the time, Titanic was four days into her maiden voyage from Southampton to New York City, with an estimated 2,224 people on board when she struck an iceberg at 23:40 ( ship's time) [a] on 14 April.

7. Minimum wage in Germany - Wikipedia

   en.wikipedia.org/wiki/Minimum_wage_in_Germany

   Minimum wage in Germany. Germany's minimum wage is €12.41 per hour, pre-tax since 1 January 2024. The legislation ( German: Gesetz zur Regelung eines allgemeinen Mindestlohns) was introduced on January 1, 2015, by Angela Merkel's third government, a coalition between the SPD and the CDU. The implementation of a minimum wage was the SPD's main ...