Monopoly vs. Perfect Competition: Key Differences
Formulas:
CMEV = CV / Q; CMET = TC / Q; MC = CT1 – CT0; CT = CV + CF
6 Elements to Differentiate a Product:
- Brand
- Local geographic location
- Package
- Attention (Courtesy)
- Credit
- After-sales care
- Warranty
For Existing Monopoly Firms:
Monopolistic companies already exist due to the following barriers:
- Economies of Scale: Better use of production factors, capital goods, human resources, and entrepreneurial ability. This tends to lower unit costs or average costs (a technological advantage).
- Natural Monopolies: Companies
Galician Literature in Exile: Franco Era Authors & Works
Galician Literature in Exile
Historical and Political Context
After the Spanish Civil War began a long historical period characterized by the absence of freedom and citizenship rights, whether political, cultural, or religious. Until the 1960s, Spain suffered isolation and economic sanctions imposed by the victorious powers of World War II. This caused an agonizing internal economic situation that encouraged emigration, mainly to Latin American countries. Galicia lived through the years of hunger,
Read MoreUnderstanding Chemical Equilibrium: Constants, Principles, and Factors
Chemical Equilibrium: Constants and Principles
Kc = [C]c [D]d / [A] [B]b = Q (not express equilibrium concentrations) <kc reaction to right> left = reaction toward equilibrium system
Kp = Pcc Pdd / Paa Pbb (gas only)
Kx = Xcc Xdd / Xaa Xbb
Kp = Kc (RT)W
Kx = Kp · PW
Pparcial = X (n species / total n) · Pt
Degree of dissociation (alpha #) # = x (n-differentiated) / c (initial total n) | A-2B (n (1 – #) / 2n #), A-B + C (n (1 – #) / n # / n #), 2A-B + C (n (1 – #) / n # / 2 / n # / 2), 2A + B-2C
Read MoreSpanish Art and Architecture: Low Middle Ages
Spanish Art and Architecture: Low Middle Ages
1. Historical Context
(Further reading recommended)
2. The Cistercian Reform
(Further reading recommended)
3. Gothic Architecture
3.1. Concept and Chronology
3.2. General Characteristics
A. Building Elements
- Plants
- Pointed, ogee, and basket-handle arches
- Groin vaults
- Flying buttresses
- Fasciculate pillars or ribs
- Triforium
- Clerestory
- Pinnacles, needles, gables
B. Civil Architecture
- Municipalities (Florence, Siena, Venice, Bruges)
- Auctions (Valencia, Barcelona, Palma)
- Palaces
3.
Read MoreDiscover Alcalá and Benidorm: Spanish Cities for Tourists
Discover Alcalá and Benidorm
Alcalá is located in the center of Spain. It is famous for its history and the many activities available for tourists and locals alike.
Benidorm: A Peaceful Coastal City
Benidorm is one of the most impressive and peaceful places in Spain, boasting beautiful streets. Here, you can enjoy diving, surfing, fishing, and many other activities. Additionally, you can visit various museums, parks, churches, and other interesting landmarks. Cervantes Square is a popular spot, well-
Read MoreAmerican Revolution Literature: Key Texts & Influences
Topic 4: The Literature of the Revolution
American Testament
The settlers of Jamestown and Plymouth, the War of Independence, the Civil War, and the Frontier all constitute a kind of sacred history, considering America as a miracle. America is founded on texts:
- The Bible, with many comparisons between real life and its content.
- The American Testament.
- The Declaration of Independence.
- The Gettysburg Address.
The Declaration of Independence
The Origin of American Independence
The 13 colonies had effectively
Read MoreUnderstanding Rural Movement: Demographic Transition Explained
The Evolution of Rural Movement
Demographic transition is a model that explains the shift in population growth through four phases: the old demographic regime, the first transition, the second transition, and the modern demographic regime.
The Old Demographic Regime
In Europe and Spain, the rural society predominated until the end of the 18th century. The population was characterized by slow vegetative growth, with a high number of births offset by a high mortality rate due to epidemics, war, hunger,
Read MoreWarehouse Management: Storage, Placement, and Coding Systems
Storage Classes
We can distinguish several classes of storage based on their location in the production process:
- Approval stores
- Process distribution
- Stock property:
- Own facilities
- Personal and public warehouses: The company pays rent and storage costs.
- Hired warehouses: Payment is based on footprint, number of movements, volume, and distribution distance.
Installation Types:
- Open storage: Goods are stored outdoors, at risk of deterioration.
- Closed storage: Goods are stored in covered warehouses, which is
Taiwan: History, Economy, and Regional Imbalance Analysis
Taiwan: History, Economy, and Regional Imbalance
Regional Imbalance and Climate
Taiwan has a tropical climate, resulting in regular rainfall. Typhoons and earthquakes are common, which can hinder agriculture. However, the island is not significantly affected by fragile soils.
Resources and Foreign Investment
Foreign powers dominate almost all the capital. Large multinational factories have relocated to Taiwan because of its cheaper workforce. Consequently, the secondary sector is highly developed compared
Read MoreConstantinian Basilicas: Jerusalem, Rome, Bethlehem
Basilica of the Anastasis, Jerusalem (circa 336)
The Constantinian basilica, originally a tripartite structure (Martyrion, Triportico, and Anastasis), is now primarily represented by the Rotunda of the Anastasis. This rotunda, frequently restored, stands as a grand mausoleum over the purported empty tomb of Christ. It is considered a significant temple of martyrs, with known architects, a rarity for the time: Eustace and Cenobio of Constantinople.
The Anastasis was designed to accommodate pilgrims
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