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"In U.S., there is a culture of greeting people of the same sex. It's not common that people give attention to the people of the opposite sex. However, in the middle class, it's a common practice. Men greet each other by shaking hands. Hugs are also common in the U.S.i culture. It's common in U.S. not to develop relations quickly in meetings and gatherings. The process is slow, but a long lasting one. Women usually give kisses and hugs to each other. It's also common in the people of U.S. of having two names. Also, having two names in which if we say together, the meaning is different and if we say it separately, it will differ. It's good to ask people about what should I say to you."
Business Card Etiquette: Business cards exchanges are common after meeting with any person of interest or of the same field. Business cards are very helpful in knowing each other; by seeing the designation on the cards, people know their status. Always read cards before putting it into your valet or a card holder. A card must be given with the right hand or by using two hand.
Average Fixed Cost (AFC): AFC is the fixed cost per unit of output. AFC = TFC/y Since the TFC is constant throughout the short run, as y increases AFC will decline. Therefore
Liberalisation of the Economy: Removal of Industrial Licensing: All industrial licensing was abolished but for a shortlist of 18 industries related to security and strategic
What is the substitution effect?
How we constract the cost structure of firms
stackelberg,bertnart,cournet about oligopoly
what is the profit maximising quantity of L
CRITIQUE OF ECONOMIC REFORMS: The critique of economic reforms should consider the actual growth rate achieved, its impact on employment and poverty reduction, its impact on l
large firms charge the price which is higher than the small firms, contruct the diagram
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
Measuring Cost: Which Costs Matter? Accounting Cost versus Economic Cost - Accounting Cost Actual expenses and adding the depreciation charges for the capital equip
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