deadweight efficiency
51Tariff — For other uses, see Tariff (disambiguation). Taxation An aspect of fiscal policy …
52Market price — In economics, market price is the economic price for which a good or service is offered in the marketplace. It is of interest mainly in the study of microeconomics. Market value and market price are equal only under conditions of market… …
53Sunk costs — In economics and business decision making, sunk costs are retrospective (past) costs that have already been incurred and cannot be recovered. Sunk costs are sometimes contrasted with prospective costs, which are future costs that may be incurred… …
54Protectionism — For the protectionist Australian political party from the 1880s to 1909, see Protectionist Party Protectionism is the economic policy of restraining trade between nations, through methods such as tariffs on imported goods, restrictive quotas, and …
55Economic equilibrium — Price of market balance: P price Q quantity of good S supply D demand P0 price of market balance A surplus of demand when P<P0 B surplus of supply when P>P0 In economics, economic equilibrium is a state of the world where economic forces… …
56Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… …
57Mitsui O.S.K. Lines — Mitsui O.S.K. Lines, Ltd. 株式会社 商船三井 Type Public (TYO: 9104) Industry Transport Founded 1884 Headquarters Toranomon, Minato, Tok …
58Returns to scale — In economics, returns to scale and economies of scale are related terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm).… …
59Galley — For other uses, see Galley (disambiguation). A model of a Maltese design typical of the 16th century, the last great era of the wargalley A galley is a type of ship propelled by rowers that originated in the Mediterranean region and was used for… …
60Erling Dekke Næss — Erling Dekke Næss, (5 September 1901 – 7 February 1993) was a Norwegian shipowner and businessman. Brother of philosopher Arne Dekke Næss, his nephew was mountaineer and businessman Arne Næss Jr.. Best known for his early adaptation of flags of… …
