but they have one thing in common with the old machine: all produce pages that are by default left-justified. This means your text has a completely even, straight edge at the left margin, and a ragged right edge due to word wrap (or in the typewriter'...
Once these costs have been deducted, from the company’s operating income the money left over is the company’s net income or net profit. The net profit can be used to calculate the net profit margin. The calculation for this is: Net Profit/Total Revenue = Net Profit Margin The ...
When the minimum wage is first introduced or it is increased, the demand and supply functions move toward the left (decrease), and as a result, the equilibrium value of the skill price and the number of skills demanded by the entrepreneurs in the equilibrium decrease (Fig. 2). Without a ...
Meanwhile, when you hear people say that market valuations are ‘justified’ by low interest rates, what they mean – whether they realize it or not – is that dismal future returns on bonds ‘justify’ dismal future returns on stocks. The fallacy is in thinking that somehow the extreme valu...
Maybe one day he turned left instead of right. No matter what happened in his childhood, Rabbit has accidentally found himself in safety, practically a rabbit paradise. Although it does not appear he gets to experience much of rabbit life. But then rabbit life is filled with danger and risk...
What, like, what does that mean? And just the wrestling throughout the book of this issue of identity, of what does it mean for me to be a part of, uh, this broader picture of tribes known as Native American people within the United States, and all of the story of all of the inj...
He was the humblest man I have ever known, and while I am sure many of his worst experiences were never shared, he knew that merely surviving the war had been luck – beating the odds by a wide margin in many cases. He knew and lived by the fact that every day is a gift. I ...
“It does not deter offending. “The second thing is that it removes the judicial discretion of judges. “It turns judges into rubber stamps basically, and I don’t think that’s helpful for justice in New Zealand.” Thirdly, he said the legislation led to “manifestly unjust” outcomes ...
Land has a near-static supply; therefore, the margin between natural monopoly pricing and rent caps creating deadweight loss is minimal or often non-existent in well developed property markets. In the case of rent, consumers bear most of the deadweight loss from natural monopolies. In cities int...
In simple terms, gross profit margin shows the money a company makes after accounting for its business costs. This metric is usually expressed as a percentage of sales, also known as the gross margin ratio. A typical profit margin falls between 5% and 10%, but it varies widely by industry....