Behavioral Economics by iMinds

By iMinds

Find out about Behavioral Economics with iMinds insightful wisdom series.According to so much economics textbooks, humans are super-rational creatures who comprehend what's of their personal most sensible pursuits and regularly act as a result. while you decide to shop for anything, the rational patron will overview the entire attainable possible choices prior to creating a buy, having already carried out learn at the nation of the industry. they wouldn't purchase whatever at the spur of the instant, or at the advice of a chum. Nor might a rational buyer be unduly motivated by means of advertisements or a model identify in making deciding to buy judgements. This clarification of human habit is called the rational agent version. Sound real looking? iMinds brings designated wisdom on your eReading gadget with brief details segments to whet your psychological urge for food and increase your brain.

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1) Date of the preface: December 12, 1963. Wherever deviations from this price base occur in the text, the respective price base is given in [ ) after the cost data in question. 000 Mn-Fe 100 760 908 Dorstewitz has also carried out a Depth at which deposits are located: 12 000 18 000 ft. 1) Cf. the data relating to the needs of the US market. 2) Year preceding publication of the study. 3) Mining, pro- cessing and smelting. 2) The data apply to a recovery depth of 3 048 m (10 000 ft) • 3) Costs inclusive of depreciation, overhaul, repairs, taxes, insurance, etc.

114. Footnotes: 1) Mining ships and transportation, pipe string, dredges, pumps etc. 2) Land, buildings and equipment. Source: Cf. authors at top of Table. - own calculations. 0 ~drochloric Acid Dimension Annual capacity Million tons/annum Annual operating period. Days/year 330 Days 24 hours a day Extraction method Processing method annual output "INCo-Smelting Process" 4-rnetals Price base Fixed costs Research and development Prospection and exploration Mining Transport Processing and smelting Ni, Cu, Co FeMn.

89. 7 Ib/ft wet nodules). 65 (p. 69). 50. , Analysis of the MIT Study ••• , p. 82. 2) 2 Mineships (MITBase-Study 1 Mineship) . 3) Cf. p. 87 "Least Favorable Case). Source: Cf. authors at top of Table. - Own calculations 35 Table A2 continued - Cost studies of deep-sea mining (recovery and smelting of manganese nodules) AMR Arthur D. Little Author Title of study Technological and Economic Assessment of Manganese Nodule Mining and Processing ear of publication 1979 1977 "Kennecott Project" "INCQ-Project" Summary of Project Data for a 3 Mill.

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