what is the profit maximizing level of output
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what is the profit maximizing level of output

The accounting income follows the historical cost principle and the matching principle, which is conducive to the objective reflection of the business management responsibility of the enterprise management authorities. But, due to the historical cost principle inherent defects, especially according to the present value of revenue and expenses by historical cost line, makes the calculation of accounting earnings lack of inner logical unity, and the matching principle is difficult to carry out, so that the book value of assets can not reflect its real value, cost cannot be fully compensated. And the economic benefit is measured in the current value, which reflects the actual value of the asset, which is beneficial to the full compensation of the cost. Money supply is determined by the central bank of exogenous variables, the demand for money depends on the liquidity preference of people, when people's liquidity preference to enhance tend to increase the money hold, so rates are determined by the liquidity preference in joint decision currency demand and currency supply; Loanable ZiJinLun combines the first two interest rate determinism, that interest rate is determined by the supply and demand of loanable funds, including the total savings and new bank money supply and demand including the total investment and new currency demand, interest rate decision depends on common commodity market and money market equilibrium In 2017, the blockchain enters the public eye through bifurcation, CryptoKitties and ICO. Driven by investment opportunities and media attention, traditional businesses and consumers have begun to focus on the cryptocurrency and its underlying blockchain technology. 3. First sex. Plan is the premise of other management work, plan before and after action. In the fifth stage, the national standard of motor vehicle gasoline is equivalent to the current standard in Europe, which meets the requirements of the standard of gasoline vehicle pollutant emission in the fifth stage. According to the ministry of reform, the ministry of finance and the ministry of environmental protection, the ministry of environmental protection and the ministry of environmental protection issued a notice on the issuance of a plan for the upgrading of refined oil products, and expanded the scope of the implementation of the five standards of automobile and diesel oil. Starting from January 1, 2016, China's eastern region is fully supplied with five standard vehicle gasoline (including E10 ethanol gasoline). Starting from January 1, 2017, the nationwide supply of motor vehicles (including E10 ethanol gasoline) that meet the standard of China's fifth standard will be fully supplied, while the domestic sales of the five standard vehicles will be stopped at the same time. Moneyfacts says the average instant access savings rate is only 0.07 percentage points higher. First, choose a trading option. Trading options are eclectic, consulting, researching, or following acquaintances, all of which are ways to select specific trading items. Which method is better because of the difference between man and man. Of course, there are some basic references. For example, the method of trading selection should be based on theory. If some of the basic concepts contained in some method are unreasonable, then this method is undesirable. Second, trading options should tell traders to capture market signals. In the end, this approach should provide some sort of realistic approach to trading people out of trading, rather than cajole traders into doing some sort of trade with their capital.