That is, if you want to improve efficiency, you must reduce costs or inputs and increase revenue or output. 效率指人们在实践活动中的产出与投入之比值,或者是效益与成本之比值,如果比值大,效率就高;反之,比值小,效率就低。效率与产出或者收益的大小成正比,而与成本或投入成反比,也就是说,如果想提高...
IRS revenue officers carry two forms of official identification: a pocket commission and a standardized federal identity credential known as an HSPD-12 card.6 Frequently Asked Questions How Can I Become a Revenue Officer? A bachelor's degree is required, preferably with a concentration in mathemat...
What Is Marginal Revenue in Microeconomics? Introduction to Average and Marginal Product The Short Run vs. the Long Run in Microeconomics 5 Things That Make Capitalism "Global" Economics Learn About the Production Function in Economics The Cobb-Douglas Production Function The Determinants of ...
When discussing supply, demand, prices, or economics in general, you'll often hear the phrase "ceterus paribus" or "all else remaining equal." It is used to explain that the theorist is isolating one variable's effects on another, assuming that all other variables that could affect the one...
Nick is a freelance writer with an MPA in public finance from the O'Neill School at Indiana University. After graduating, he moved to Germany to begin a life abroad as an expat. When he isn't writing or thinking about economics, he's probably playing music or basketball. ...
What is profiteering in economics?Profits:The difference between the total revenue and the total costs of a firm can be regarded as the profit earned by the firm. It is what is left after all the costs and expenses have been met. This margin motivates the producers to go on producing and...
What's the difference between positive economics and normative economics? What does marginal revenue refer to in regards to macro-economics? What's the difference between Keynesian and supply-side economics? How can the factors of production be related to the economic problem? What is ...
Recurring revenue is a steady source of revenue that is predicted to continue well into the future without drastic changes...
This is because the rich generally don’t get much benefit out of an extra $100 worth of groceries in a month, but that might be a very large boost in living standards for the poor. By giving a single rich person an extra $10,000 in taxes, and using that revenue to give $100 ...
Talking about the cost of "decoupling" from China, the Nihon Keizai Shimbun said in an article that cutting off imports from China would cost Japan 53 trillion yen (353 billion U.S. dollars) in lost revenue, which is equivalent to 10 percent of Japan's annual GDP losses. ...