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BANK ASSETS: What a bank owns, including loans, reserves, investment securities, and physical assets. Bank assets are typically listed on the left-hand side of a bank's balance sheet. Bank liabilities, what a bank owes, are listed on the right-hand side of a bank's balance sheet. Net worth is the difference between assets and liabilities. The largest asset category of most bank is loans, which generates interest revenue. A critical asset category used to maintain the safety of deposits is reserves (vault cash and Federal Reserve deposits).

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Lesson 19: Monopolistic Competition | Unit 2: Revenue And Cost Page: 9 of 22

Topic: The Cost Curves <=PAGE BACK | PAGE NEXT=>

  • The cost side of the firm's production can be conveniently displayed using the U-shaped cost curves:

    • Average Total Cost (ATC): This curve is negatively-sloped for small quantities of output, then becomes positively-sloped for larger quantities of output.

    • Marginal Cost (MC): Like the average total cost curve, the marginal cost curve is negatively-sloped for small quantities of output, then becomes positively-sloped for larger quantities of output.

  • Both curves play important roles in the analysis of the short-run production decision for monopolistic competition.


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MARKET EQUILIBRIUM, GRAPHICAL ANALYSIS

An analysis of market equilibrium using a graph that combines a demand curve and a supply curve. A graphical analysis of the market is used to ascertain information such as market equilibrium, equilibrium price, equilibrium quantity, shortage, and surplus. This is one of two basic methods of analyzing market equilibrium. The other is a numerical analysis using demand and supply schedules.

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APLS

RED AGGRESSERINE
[What's This?]

Today, you are likely to spend a great deal of time looking for a downtown retail store wanting to buy either a coffee cup commemorating Thor Heyerdahl's Pacific crossing aboard the Kon-Tiki or a rechargeable battery for your cell phone. Be on the lookout for door-to-door salesmen.
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This isn't me! What am I?

A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
"Good judgment comes from experience, and often experience comes from bad judgment."

-- Rita Mae Brown ‚ Writer

LAD
Least Absolute Deviations
A PEDestrian's Guide
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