Ⅰ. Definition of some terms which will be used and concepts of marketing
1. What is the marketing?
-Many people regard the marketing as sales or advertisement. This is not wrong, but it is a little bit insufficient to understand the marketing wholly. In the marketing, ‘market’ means customers or consumers who buy some products in the market. It is the first step for comprehending the m
Ⅰ. Definition of some terms which will be used and concepts of marketing
1. What is the marketing?
-Many people regard the marketing as sales or advertisement. This is not wrong, but it is a little bit insufficient to understand the marketing wholly. In the marketing, ‘market’ means customers or consumers who buy some products in the market. It is the first step for comprehending the m
1. Introduction
1) reason of choice MSA
Health insurance is an insurance that pay medical cost.
We don't know when we sick, what we catch disease or how we sick.
And when medical cost is big, it is a burden on people.
So insurance exist as way to guarantee living healthy.
However, now Korean health insurance face with a crisis.
Our health insurance premium is low, so expenditure of medical
expenditures of one group are income for other groups. The income is then spent to create income for still other groups.
수입의 순환 : 한 그룹의 지출은 다른 그룹의 수입이 된다는 개념. 소득은 다른 그룹을 위한 수입원을 만들기 위해 소비되는 것이다.
56. Class I oligopoly : An oligopoly in which firms are unorganized and uncollusive. Their behavio
비용.
average variable cost - Total variable costs divided by the number of units of output.
평균 가변비용 - 산출량 단위로 나눈 전체 가변 비용.
balanced budget multiplier - The multiplier that shows the change in national income when government expenditures and tax receipts both increase by the same amount. The value of the balanced budget multiplier is unity.