average fixed costs

  • 51Available seat miles — An available seat mile (ASM) is the fundamental unit of production for a passenger carrying airline.[1] A unit in this case is one seat, available for sale, flown one mile. For example, an aircraft with 300 seats available for sale flying 1,000… …

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  • 52Rapid transit — This article is about grade separated rail transport. For other uses, see Rapid transit (disambiguation) …

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  • 53Collective Action Theory and IOS — The collective action theory was first published by Mancur Olson in 1965. He argues that any group of individuals attempting to provide a public good has got troubles to do so efficiently. On the one hand individuals have got incentives to free… …

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  • 54Profit maximization — In economics, profit maximization is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. The total revenue total cost method relies on the fact that… …

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  • 55Porter five forces analysis — A graphical representation of Porter s Five Forces Porter s five forces analysis is a framework for industry analysis and business strategy development formed by Michael E. Porter of Harvard Business School in 1979. It draws upon industrial… …

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  • 56Gross margin — (also called gross profit margin or gross profit rate) is the difference between revenue and cost before accounting for certain other costs. Generally, it is calculated as the selling price of an item, less the cost of goods sold (production or… …

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  • 57Cournot competition — is an economic model used to describe an industry structure in which companies compete on the amount of output they will produce, which they decide on independently of each other and at the same time. It is named after Antoine Augustin Cournot[1] …

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  • 58Carbon footprint — A carbon footprint is a measure of the impact human activities have on the environment in terms of the amount of greenhouse gases produced, measured in units of carbon dioxide . [ http://www.carbonfootprint.com Carbon Footprint LTD accessed Nov… …

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  • 59Pricing strategies — for products or services include the following: Contents 1 Competition based pricing 2 Cost plus pricing 3 Creaming or skimming 4 Limit pricin …

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  • 60National Park Service — Arrowhead Agency overview Formed August 25, 1916 Jurisdiction …

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