costs(총 비용): the sum of all costs incurred in producing goods or services.
Production function(생산함수): a relationship that shows the quantity of output for any given amount of input
Marginal product of labor(노동의 한계생산물): the change in production due to a one-unit increase in labor input
Diminishing returns to labor(노동에 대한 수확체감): a situation i
costs. In examining possibilities for substitution, economists look at costs and benefits at the margin.
경제학자들은 그들의 개인주의적 접근방식 때문에, 사회적 문제들을 해결하기 위해 시장에 의지하는 경향이 있다. 문제를 분석하는데 있어서, 경제학자들은 선택할 수 있는 조건들을 명확화 하고 비용을 살펴보는데 엄청
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
▪ To penetrate into DRAM market
▪ Aggressive Investment and enduring negative profit margin
▪ 64K DRAM , 256K DRAM, 4Mbit DRAM
▪ Investing in technology development for manufacturing efficiency
▪ Technological development increasing wafer size
→ more chip cutting available at the same time