query: where are all of the factors of production bought and sold

pos: Market (economics) and information. The exchange of goods or services, with or without money, is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price, which is a major topic of study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. A major topic of debate is how much a given market can be considered to be a "free market", that is free from government intervention. Microeconomics traditionally focuses on the study of market structure and the efficiency of market equilibrium; when the

pos: Factor payments households and they supply these factors of production to firms and in return earn wages, interest, rent and profit. Households buy goods and services with this money. Let one study with the help of circular flow of income how flow of goods and services between households and firms is balanced by flow of factor payments made in exchange of them. Consider the circular flow of income in a two-sector economy where there is no government, no capital market, and no foreign sector. Households own all the factors of production: land, labor, capital. These factors of production are sold to the

pos: Factor market oligopolist. Factor market In economics, a factor market is a market where factors of production are bought and sold, such as the labor market, the physical capital market, the market for raw materials, and the market for management or entrepreneurial resources. Firms buy productive resources in return for making factor payments at factor prices. The interaction between product and factor markets involves the principle of derived demand. Derived demand refers to the demand for productive resources, which is derived from the demand for final goods and services or output. For example, if consumer demand for new cars rises, producers will

pos: Factor market Factor market In economics, a factor market is a market where factors of production are bought and sold, such as the labor market, the physical capital market, the market for raw materials, and the market for management or entrepreneurial resources. Firms buy productive resources in return for making factor payments at factor prices. The interaction between product and factor markets involves the principle of derived demand. Derived demand refers to the demand for productive resources, which is derived from the demand for final goods and services or output. For example, if consumer demand for new cars rises, producers will respond

pos: Associative economics meet one another’s needs; and democracy and equality in the political rights realm – where everyone comes together to sense and make agreements that are right for all. Many things which today are considered commodities within the ‘free-market’ paradigm are differently understood within an associative paradigm. For example: land, labor, and capital. The so-called ‘factors of production’ are seen as 'factors of price formation', essentially matters of right which simply border the economic realm on all sides. However, in the associative paradigm, these 'factors of price formation' do not fall into the hands of the state. Land is part of

pos: Measures of national income and output sold (therefore not yet included in Expenditure). Similar timing issues can also cause a slight discrepancy between the value of goods produced (Product) and the payments to the factors that produced the goods (Income), particularly if inputs are purchased on credit, and also because wages are collected often after a period of production. Gross domestic product (GDP) is defined as "the value of all final goods and services produced in a country in 1 year". Gross national product (GNP) is defined as "the market value of all goods and services produced in one year by labour and property supplied by

pos: Commodity was not paid to the worker—unpaid labour. This unpaid labour was retained by the owner of the means of production. In capitalist society, the capitalist owns the means of production and therefore the unpaid labour is retained by the capitalist as rent or as profit. The means of production means the site where the commodity is made, the raw products that are used in the production and the instruments or machines that are used for the production of the commodity. However, not all commodities are reproducible nor were all commodities originally intended to be sold in the market. These priced

pos: Cost of goods sold last of her costs. Her total profits for the three years are the same under all inventory methods. Only the timing of income and the balance of inventory differ. Here is a comparison under FIFO, Average Cost, and LIFO: The value of goods held for sale by a business may decline due to a number of factors. The goods may prove to be defective or below normal quality standards (subnormal). The goods may become obsolete. The market value of the goods may simply decline due to economic factors. Where the market value of goods has declined for whatever reasons, the

pos: Securities market Securities market Securities market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply. Securities markets encompasses equity markets, bond markets and derivatives markets where prices can be determined and participants both professional and non professionals can meet. Securities markets can be split into below two levels. Primary markets, where new securities are issued and secondary markets where existing securities can be bought and sold. Secondary markets can further be split into organised exchanges, such stock exchanges and over-the-counter where individual parties come

pos: Capitalist mode of production (Marxist theory) production (hence the reference to "merchant capitalism") since the beginnings of civilization. What is specific about the “capitalist mode of production” is that most of the inputs and outputs of production are supplied through the market (i.e. they are commodities) and essentially all production is in this mode. For example, in flourishing feudalism most or all of the factors of production including labor are owned by the feudal ruling class outright and the products may also be consumed without a market of any kind, it is production for use within the feudal social unit and for limited trade. This has

pos: Economics a technical improvement. The "Law of Supply" states that, in general, a rise in price leads to an expansion in supply and a fall in price leads to a contraction in supply. Here as well, the determinants of supply, such as price of substitutes, cost of production, technology applied and various factors inputs of production are all taken to be constant for a specific time period of evaluation of supply. Market equilibrium occurs where quantity supplied equals quantity demanded, the intersection of the supply and demand curves in the figure above. At a price below equilibrium, there is a shortage

pos: Pacific oyster are used in the production of Pacific oysters. These techniques depend on factors such as the seed supply resources, the environmental conditions in the region, and the market product, i.e., whether the oysters are sold in a half shell, or shelled for meat extraction. Production can either be entirely sea-based or rely on hatcheries for seed supply. Most of the global Pacific oyster spat supply comes from the wild, but some is now produced by hatchery methods. The seed from the wild can either be collected by the removal of seaweed from beaches or by hanging shell (cultch in suspension

pos: Interconnector (North Sea) facilities was completed, the UK import capacity is 25.5 billion cubic metres per year. The pipeline provides not only the physical capability to move gas from one end of the pipe to the other, it has been a key factor in the liberation of energy markets across Europe - enabling energy trading and creating economic activity in the process. Such trading can result in future production being bought and sold because of the possibility of the use of the Interconnector. Often in practice, because of the transport cost, gas is not actually transported but sold back into the market where

neg: Factor market by increasing their demand for the productive inputs or resources used to produce new cars. Production is the transformation of inputs into final products. Firms obtain the inputs (factors of production) in the factor markets. The goods are sold in the products markets. In most respects these markets work in the same manner as each other. Price is determined by the interaction of supply and demand; firms attempt to maximize profits, and factors can influence and change the equilibrium price and quantities bought and sold, and the laws of supply and demand hold. In perfectly competitive markets firms can "purchase"

neg: Horse slaughter animal-agriculture groups supporting horse slaughter are organizations representing the interests of traditional food-animal industries such as cattle, sheep and pigs, who are concerned that banning any animal for slaughter will lead to outlawing all meat production. Stolen horses have been sold to auctions, where they are bought by "kill buyers" and shipped to slaughter. Auctions enable horses to be sold without owner consent, by theft or misappropriation. According to California Livestock and Identification Bureau statistics, the 1998 ban on horse slaughter in California was followed by a 34-percent decrease in horse theft. One concern about the welfare of horses destined

neg: Output (economics) may over count is if imports are involved. If a foreign individual or firm bought a product from some other country, e.g., if an American firm bought a Cambodian manufactured good, then this expenditure cannot be counted in the consumer expenditures in American GDP since the output being purchased is foreign. To correct this issue, imports are eliminated from GDP. Taking all this into account, we see that A third way to calculate national output is to focus on income. In this method, we look at income which is paid to factors of production and labour for their services in

neg: Criticisms of the labour theory of value made possible by marginal analysis. The Pareto optimum is defined as a situation where utility is maximised and at the same time all factors of production are employed most efficiently, leading to a situation, where all commodities exchange at their marginal utilities and at their - marginal - amounts of the different factors of production necessary to produce them. In other words, if empirically it was found out, that commodities exchange according to their marginally necessary labor inputs, this would confirm marginal theory. It would falsify Marx’s theory, because according to Marx these exchange ratios are determined by prices of

neg: Brasserie Nationale successfully bought Brasserie de Dudelange. In 1975 Brasserie Bofferding and Brasserie Funck-Bricher merged. After the fusion of the two breweries was completed, the newly founded Brasserie Nationale closed the old brewery at in Grund in Luxembourg-City and relocated its production completely to the Bofferding brewery in Bascharage. They also decided that all beer brewed from then on would be sold under the name Bofferding, thus the Funck-Bricher beer brand ceased to exist. In 2004 "Brasserie Nationale" bought "Brasserie Battin" from Esch-Alzette (which was founded in 1937) and transferred the production of Battin-beer also to its brewery in Bascharage where it

neg: International business affect and are affected by the physical and societal factors and the competitive environment. All firms that want to go international have one goal in common; the desire to increase their respective economic values when engaging in international trade transactions. To accomplish this goal, each firm must develop its individual strategy and approach to maximize value, lower costs, and increase profits. A firm's value creation is the difference between (the value of the product being sold) and (the cost of production per each product sold). Value creation can be categorized as: "primary activities" (research and development, production, marketing and sales,

neg: Minimoog The Minimoog was in continuous production for thirteen years and over 12,000 were made. It was the first synthesiser sold in retail stores. Despite the success of the Minimoog, Moog Co could not afford to meet demand, nor had credit for a loan, and Moog sold the company. Production of the Minimoog stopped in the early 1980s and the company ceased all production in 1993. In 2002, Robert Moog reacquired the rights to the Moog name and bought the company. In 2002, Moog Co released the Moog Voyager, an updated version of the Minimoog that sold more than 14,000 units,

neg: Massey Ferguson harrows and binders to England to facilitate the increase in food production. In 1955 the remainder of H.V. McKay Pty Ltd was sold to Massey Ferguson. Manufacturing ended in 1986 and the last section sold off and demolished in 1992. The former bulk store, factory gates and clock tower, the pedestrian footbridge, factory gardens, and head office complex still exist and are all listed on the Victorian Heritage Register. In 1959, Massey bought 100% of Landini, based in Italy. Landini has built many models for Massey over the years, especially vineyard and crawler models. Massey sold 66% to ARGO SpA

neg: Shredded wheat Wheat Company in 1904. It was bought by Nabisco (National Biscuit Company) in December 1928. United States production of Shredded Wheat moved to Naperville, Illinois in 1954, where it is still made. In 1993, Nabisco sold the brand to Kraft General Foods, but it was still under the Nabisco name until 1999, whereupon it was sold under the slogan "Nabisco brought to you by Post." Canadian production has been at Niagara Falls, Ontario, since 1904 due to nearby hydro-electric power. United States production is also at Niagara Falls, Ontario. Until recently, United States production took place in Niagara Falls, New

neg: Darby, Montana and politicians are bought and sold by the world’s largest oil and lumber corporations. Where drinking water poisoned by fracking wells and unsolved murders are not news: they are a consequence of living in the new frontier. It is the best and worst of America seen through the eyes of a family that represents both. The series went into production in August 2017 at the Chief Joseph Ranch in Darby, Montana which is standing in as the home of John Dutton. Darby, Montana Darby (Salish: snk̓ʷɫxʷexʷem̓i, "Place Where They Would Lift Something") is a town in Ravalli County, Montana, United

neg: Returns to scale Returns to scale In economics, returns to scale and economies of scale are related but different concepts that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm). The concept of returns to scale arises in the context of a firm's production function. It explains the behavior of the rate of increase in output (production) relative to the associated increase in the inputs (the factors of production) in the long run. In the long run all factors of production are variable and subject

neg: Celestion under the brand name "Celestion". (MPP, later a camera maker, was formed as a subsidiary during the war.) Production of radio, television and "hi fi" speakers continued in the postwar years. Rola Celestion was bought by Truvox – a manufacturer of public address systems in 1949. In 1968 the company started production in Ipswich, moving all production there by 1975. The company merged with a clothing company in 1970 and the result was named Celestion Industries, which in turn became Celestion International in 1979. In 1992 the loudspeaker part of the business was sold to Kinergetics Holdings, which also bought

neg: Foreign trade of Communist Czechoslovakia and generally supervising Czechoslovak foreign trade, usually setting prices that have little connection with domestic production factors. The foreign trade companies bought Czechoslovak goods for export at domestic prices and sold foreign goods to Czechoslovak customers at domestic prices; but the other half of these transactions, involving actual foreign trade, took place in foreign currencies in foreign markets. The government budget then made adjustments to compensate for any unwanted gains and losses caused by varying foreign and domestic prices. An important characteristic of the Soviet model that was imposed on Czechoslovakia in 1948 was the attempt to insulate the domestic

neg: Economic region of production that increases in both capital and labour are required to produce a given fixed quantity of output. The ridge lines are the combination of points where marginal product (MP) of one of the factors is zero. The theory entails that there is a limit to how much one factor can be substituted for another. When production reaches a point where substitution between the factors becomes impossible (MP), the isoquant becomes positively sloping. No rational entrepreneur will operate at a point outside the ridge lines (Region of Economic Nonsense). Economic region of production In economics, the economic region of production is

neg: Enzo Ferrari (automobile) the Ferrari FXX from this car. The Enzo was designed by Ken Okuyama, the then Pininfarina head of design, and initially announced at the 2002 Paris Motor Show with a claimed limited production run of 399 units and a price of US$659,330. The company sent invitations to existing customers, specifically, those who had previously bought the F40 and F50. All 399 cars were sold in this way before production began. Production began in 2003. In 2004, the 400th production car was built and donated to the Vatican for charity, which was later sold at a Sotheby's auction for US$1.1 million.

neg: Law of increasing costs an output of X number of oranges but 0 cars. The reverse is also true - if all the factors of production are used for the production of cars, 0 oranges will be produced. In between these two extremes are situations where some oranges and some cars are produced. There are three assumptions that are made in this possibility. The economy is experiencing full employment (everyone who wants to work has a job), the best technology is being used and production efficiency is being maximized. So the question becomes, what is the cost of producing more oranges or cars? If

neg: Pearson Television same year as Talkback's takeover when Pearson PLC sold the division to CLT-UFA, who later went on to form the RTL Group. The following year, Pearson Television was re-branded as FremantleMedia, which subsequently rebranded as simply Fremantle in 2018. Pearson Television Pearson Television was the American-based television production and distribution arm of British company Pearson PLC. In 1994 after a bidding war, Pearson, PLC. bought the production arms of Thames Television, Hill-Fields Entertainment, and ACI Worldwide Distribution, making their way into the television industry. In 1996 Pearson, PLC. bought the production company All American Television, and then re-branded it as

neg: Offset agreement to the main product/service that is bought/sold, that is military equipment, systems, or services. They may be also called military offsets. For example, a buyer of military equipment may be given the right to produce a component of a related technology in the buyer's country. Indirect offsets are side agreements that are not directly related to the product/service that is bought/sold. Most people refer to such category of offsets as civilian offsets, though there are many indirect offsets that are not civilian offsets. Indirect offsets may take the form of services, investments, counter-trade and/or co-production. For instance, Greek companies produce

neg: Pinzgauer High-Mobility All-Terrain Vehicle "M" (soft-topped) types. All the first generation Pinzgauers are equipped with: In 1980, Steyr-Daimler-Puch started development on a second generation Pinzgauer. After six years of research and development, the initial second generation Pinzgauer II rolled off the assembly line in 1986. In 2000, Magna, who bought Steyr-Daimler-Puch, sold its rights to the Pinzgauer to Automotive Technik in the UK who took over production of the Pinzgauer. The Pinzgauer is now owned and produced by BAE Systems Land Systems in Guildford, Surrey, however production has ceased. The four-wheel drive (4×4) model is now called a 716, and the six-wheel drive (6×6)

neg: Ghirardelli Chocolate Company Italy. By 1900, Ghirardelli's company was selling only chocolate and mustard, having sold its coffee and spices businesses. Further expansion over the years into different buildings allowed the company to expand into new markets and grow financially. In 1965, San Francisco declared Ghirardelli Square (where many of the Ghirardelli buildings were constructed) an official city landmark. Two years later, production facilities moved to San Leandro, California (). In 1963, Ghirardelli Chocolate Company was bought by the Golden Grain Macaroni Company, maker of Rice-A-Roni. Later, in 1986, Quaker Oats bought Golden Grain, and thus Ghirardelli. In 1992, Quaker Oats sold the

neg: Corozal Sugar Factory These unstable sugar prices can be attributed to several factors: Depressed sugar prices led Tate & Lyle to close the Corozal Sugar Factory in 1985 and divest 90% of its interest in the Tower Hill factory to employees. In 1989, the factory was leased to Jamaican petroleum company, Petrojam, and reopened for the production of molasses. The molasses was then exported to Jamaica where it was refined into ethanol. Through the Caribbean Basin Initiative, this ethanol was sold to the United States duty-free. The factory was closed again in 1997. Today, all sugarcane in northern Belize is processed at the

neg: FilmFair sold FilmFair to Storm Group (aka the Caspian Group), one of FilmFair's video distributors. Altschul Group Corporation (AGC) bought FilmFair's American branch in 1992, as part of campaign to acquire more than a dozen film companies. Discovery Communications bought AGC's film catalogue in 2003. In 1996, the Caspian Group sold FilmFair London's catalogue and production amenities to the Canadian company CINAR, whose purchase included all associated distribution, publication, licensing, and merchandising rights. In 2000, CINAR executives were implicated in a financial scandal, and again in 2001. In 2004, the company rebranded to the Cookie Jar Group, which in turn was

neg: Factors of production Factors of production In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are three "basic" resources or factors of production: land, labor, and capital. The factors are also frequently labeled "producer goods or services" to distinguish them from the goods or services purchased by consumers, which are frequently labeled "consumer goods". There are two types of factors: "primary" and "secondary". The previously mentioned primary

neg: TASC, Inc. special product design and research services. In 1998, Litton Industries bought TASC from Primark. In 2000, TASC sold three stand-alone commercial operations: Adesso Software, WSI Corporation, and Emerge. TASC then refocused on government markets and related industrial applications of its technology. In 2001, Northrop Grumman bought Litton Industries and made TASC part of its Information Technology division. In 2002, Northrop Grumman bought TRW. In 2008, TASC (as a subsidiary) bought 3001 International, specializing in geospatial data production and analysis. In 2009, Northrop Grumman merged its Information Technology and Mission Systems divisions. All systems engineering, technical assistance, and advisory services fell

neg: TeePublic TeePublic TeePublic is a platform for custom apparel and designs owned by Redbubble. The company was founded by Adam Schwartz and Josh Abramson, who had previously co-founded Vimeo and CollegeHumor. In 2011, Abramson bought back BustedTees, an online T-shirt company he had previously sold to IAC. He and Schwartz launched TeePublic in 2013 as an e-commerce crowdsourcing site where artists could upload and sell their designs. The original business model required at least thirty people to commit to buying a shirt before a design went into production, but today, designs are immediately manufactured and sold. The company has also expanded

neg: Constant elasticity of substitution only possible n-factor production functions (n>2) with constant partial elasticities of substitution require either that all elasticities between pairs of factors be identical, or if any differ, these all must equal each other and all remaining elasticities must be unity. This is true for any production function. This means the use of the CES functional form for more than 2 factors will generally mean that there is not constant elasticity of substitution among all factors. Nested CES functions are commonly found in partial equilibrium and general equilibrium models. Different nests (levels) allow for the introduction of the appropriate elasticity of

neg: Ramón Allones (cigar) "8-9-8" style (though there are several rival claimants as to who first made box art and bands). The brand went through numerous ownership changes before it was finally bought by the Cifuentes family and production was moved to the famous Partagás Factory, where Ramón Allones cigars are still made to this day. On September 15, 1960, the revolutionary Cuban government nationalized all Cuban cigar manufacturing and production, including seizure of the Partagas factory where Ramon Allones cigars were manufactured. The Ramon Allones brand was selected for continued production and continues to be manufactured in Havana. Cuban-made Ramon Allones cigars use

neg: Law of increasing costs Law of increasing costs In economics, the law of increasing costs is a principle that states that once all factors of production (land, labor, capital) are at maximum output and efficiency, producing more will cost more than average. As production increases, the opportunity cost does as well. The best way to look at this is to review an example of an economy that only produces two things - cars and oranges. If all the resources of the economy are put into producing only oranges, there will not be any factors of production available to produce cars. So the result is

neg: Cost curve U-shaped cost curve is in the range of 5 to 11 percent. The average total cost curve is constructed to capture the relation between cost per unit of output and the level of output, "ceteris paribus". A perfectly competitive and productively efficient firm organizes its factors of production in such a way that the factors of production is at the lowest point. In the short run, when at least one factor of production is fixed, this occurs at the output level where it has enjoyed all possible average cost gains from increasing production. This is at the minimum point in

neg: Price system unimaginable type." Price system In economics, a price system is a component of any economic system that uses prices expressed in any form of money for the valuation and distribution of goods and services and the factors of production. Except for possible remote and primitive communities, all modern societies use price systems to allocate resources, although price systems are not used exclusively for all resource allocation decisions. A price system may be either a fixed price system where prices are administered by a government body, or it may be a free price system where prices are left to float "freely"

neg: Price system Price system In economics, a price system is a component of any economic system that uses prices expressed in any form of money for the valuation and distribution of goods and services and the factors of production. Except for possible remote and primitive communities, all modern societies use price systems to allocate resources, although price systems are not used exclusively for all resource allocation decisions. A price system may be either a fixed price system where prices are administered by a government body, or it may be a free price system where prices are left to float "freely" as determined

neg: All-Steel Equipment Company in 1967, with production beginning in 1969, and it became a huge commercial success. The company restructured after the merger with B.K. Johl, and in 1973 renamed its furniture divisions All-Steel Inc. and All-Steel Canada Ltd., both of which reduced to Allsteel in 1986. Allsteel was bought and sold by a number of different holding companies and finally merged into HNI Corporation in 1998. Its archives are held by Past Present Future (a furniture restoration store) in Minneapolis. All-Steel Equipment Company Allsteel was founded in 1912 as Allsteelequip Company and started out manufacturing custom metal objects, especially electrical equipment. The

neg: Malaysian pop factors that have caused the Malaysian music industry to decline: As a result, Malaysia along with its neighboring country Singapore are countries in South East Asia where illegal music copies outsells legal ones. Sales of domestic and international repertoire are in the same levels in both countries compared to other South East Asian nations. The unauthorized distributing of music CDs has caused all original albums sold in Malaysia, whether local or foreign to be attached with an original hologram sticker since 2000 before it can be sold. At the time of introduction, it only covers audio CDs, cassettes and music

neg: Soldier, Ask Not Exotics, philosophers, mystics and psychologists; the Friendlies, puritan faith-holders who supplement the meager production of their rocky worlds by hiring out as mercenaries; and the Dorsai, true professional soldiers, highly skilled and expertly trained. Other worlds have specialized in different ways, in the sciences, mining, agriculture or commerce. The primary medium of interplanetary trade is in personal service contracts. The worlds are divided into the "loose" worlds, where individuals maintain some control over their contracts, and the "tight" worlds, where personal contracts may be bought and sold regardless of the wishes of the individual worker. The title refers to a

neg: Leontief production function Leontief production function In economics, the Leontief production function or fixed proportions production function is a production function that implies the factors of production will be used in fixed (technologically pre-determined) proportions, as there is no substitutability between factors. It was named after Wassily Leontief and represents a limiting case of the constant elasticity of substitution production function. For the simple case of a good that is produced with two inputs, the function is of the form where "q" is the quantity of output produced, "z" and "z" are the utilised quantities of input 1 and input 2 respectively, and

neg: Jeffrey Boam learned that director John Milius was starting production on "Dillinger", destroying their hopes of selling their script as a feature. However, their script was bought under a one-year option for $10,000 by producer Edward Lewis, who sold it to NBC as a possible television movie. In the end, the screenplay was never produced. Boam graduated from UCLA in 1973, with a Master of Fine Arts degree. He got a job as a film booker for Paramount Pictures, where he kept track of film prints and made sure the movies were distributed to the correct theaters. All the while, he was

neg: Heckscher–Ohlin model factor of production increases, the production of the good that uses that particular production factor intensively increases relative to the increase in the factor of production, as the H–O model assumes perfect competition where price is equal to the costs of factors of production. This theorem is useful in explaining the effects of immigration, emigration, and foreign capital investment. However, Rybczynski suggests that a fixed quantity of the two factors of production are required. This could be expanded to consider factor substitution, in which case the increase in production is more than proportional. Relative changes in output goods prices drive

neg: Production function are stocks. Classically, the primary factors of production were land, labour and capital. Primary factors do not become part of the output product, nor are the primary factors, themselves, transformed in the production process. The production function, as a theoretical construct, may be abstracting away from the secondary factors and intermediate products consumed in a production process. The production function is not a full model of the production process: it deliberately abstracts from inherent aspects of physical production processes that some would argue are essential, including error, entropy or waste, and the consumption of energy or the co-production of pollution.

neg: Salten Kraftsamband Salten Kraftsamband Salten Kraftsamband or SKS is a Norwegian power company that operates eight hydroelectric power stations with annual production of 1,770 GWh. Since 1997 the company has also sold power to end-users. Head offices are located in Fauske. The company is owned by the City of Bodø (47.72%), Troms Kraft (20.35%), Municipality of Fauske (12.83%), Nordkraft (8.86%), Sjøfossen Energi (6.92%) and Skjerstad Kraftlag (3.32%). DONG Energy bought its ownership from Elkem and Meløy Energi while Narvik Energi bought it from Skjerstad Kraftlag and the Municipality of Sørfold. In 2010, DONG Energy sold its stake to Troms Kraft. Salten Kraftsamband

neg: Production function certain assumptions, the production function can be used to derive a marginal product for each factor. The profit-maximizing firm in perfect competition (taking output and input prices as given) will choose to add input right up to the point where the marginal cost of additional input matches the marginal product in additional output. This implies an ideal division of the income generated from output into an income due to each input factor of production, equal to the marginal product of each input. The inputs to the production function are commonly termed factors of production and may represent primary factors, which

neg: Gross domestic product the three is the production approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. This approach mirrors the OECD definition given above. Gross value

neg: Stephen Fry Macintosh computer sold in the UK (his friend Douglas Adams bought the first two) and jokes that he has never encountered a smartphone that he has not bought. He counts Wikipedia among his favourite websites "because I like to find out that I died, and that I'm currently in a ballet in China, and all the other very accurate and important things that Wikipedia brings us all." Fry has a long-standing interest in Internet production, including having his own website since 1997. His current site, "The New Adventures of Mr Stephen Fry", has existed since 2002 and has attracted many

neg: Heckscher–Ohlin model in those goods for which the required factors of production are relatively abundant locally. This is because the profitability of goods is determined by input costs. Goods that require inputs that are locally abundant are cheaper to produce than those goods that require inputs that are locally scarce. For example, a country where capital and land are abundant but labor is scarce has a comparative advantage in goods that require lots of capital and land, but little labor—grains. If capital and land are abundant, their prices are low. As they are the main factors in the production of grain, the

neg: Budget constraint the equation: formula_1 Where: The equation can be rearranged to represent the shape of the curve on a graph: formula_7, where formula_8 is the y-intercept and formula_9 is the slope, representing a downward sloping budget line. The factors that can shift the budget line are a change in income (m), a change in the price of a specific good (formula_10), or a change in the price of all other goods (formula_11). A production-possibility frontier is a constraint in some ways analogous to a budget constraint, showing limitations on a country's production of multiple goods based on the limitation of available

neg: Franklin (automobile) manufacture air-cooled engines under the Franklin name, declared bankruptcy in 1975 and its designs were sold to the Polish government. Engines based on these designs are still in production today. Today, a Franklin car resides in the Smithsonian Museum. The 1902 car is the first Franklin ever sold and was owned by S. G. Averell of Ogdensburg, New York. It was the third Franklin ever built. The H. H. Franklin Manufacturing Company bought the car back in June, 1916 and the Smithsonian bought it in 1937 after the company was liquidated. A 1925, "Model 10-C" four-door, five-passenger Franklin sedan was

neg: Sardinella tawilis many places where "tawilis" is shipped, the native Cebuano name for the fish is "tunsoy". In addition to raw consumption, "tawilis" is also processed into various food products. It is one of the many fish species dried, salted, and sold as "daing" in the country. They are also smoked and bottled in oil, and sold commercially. In literature, Jose Rizal used three dried "tawilis" in his novel "Noli Me Tangere" to symbolize the Three Martyred Priests of Bagumbayan (Jose Burgos, Jacinto Zamora and Mariano Gómez). Because of several factors, the species is threatened by overfishing. As with all species consisting

neg: Apal Pontiac Fiero, appeared in 1992. Edmond Pery also designed an all-road prototype for DAF in 1974 and another prototype for Volkswagen in 1992. The small firm produced and sold all models in limited numbers. The original Belgian company closed in 1998. Apal Gmbh, a German company of Ostercappeln, bought all the spare parts and restarted production of the Apal Speedster. As of 2006 the company has stopped production of ready-built cars and now only sells kits and spare parts. As of 2017, Apal Automobiles brand is the exclusive propriety of Belgian businessman Charles-Antoine Masquelin. Apal "For the small Russian plastics

neg: Criticisms of the labour theory of value production of an item. In the Pareto optimum, on the other hand, the exchange relations between commodities are not only determined by their marginal utility, but also by the marginal productivity of the factors of production available. This means that in marginalism commodities exchange at the marginal amount of labor necessary to produce them. In this sense, an LTV, or, more precisely, a value theory of marginal labor inputs, holds. However, this applies to all factors of production and also to marginal utility. Labor is nothing special. That these several value theories can hold all at the same time is

neg: Law of value value, i.e. by the proportionalities of human labour-time reflected in the cost structure of products. Marx argues that, as economic exchange develops and markets expand while traditional methods of production are destroyed and replaced by commercial practices, the law of value is modified in its operation. Thus, the capitalist mode of production is a type of economy, in which both inputs and outputs of production have become marketed goods and services (or commodities) which are bought and sold freely. Here, capitalists do not make money simply from trading or renting, but from the capitalization of production itself. Products and labour

neg: Solow–Swan model that satisfies the Inada conditions, which imply that the elasticity of substitution must be asymptotically equal to one. where formula_4 denotes time, formula_5 is the elasticity of output with respect to capital, and formula_6 represents total production. formula_7 refers to labor-augmenting technology or “knowledge”, thus formula_8 represents effective labor. All factors of production are fully employed, and initial values formula_9, formula_10, and formula_11 are given. The number of workers, i.e. labor, as well as the level of technology grow exogenously at rates formula_12 and formula_13, respectively: The number of effective units of labor, formula_16, therefore grows at rate formula_17. Meanwhile,

neg: Blizzard Sport factory burned down. In 1970, as production reached 500,000 skis per year, company name was changed from "Blizzard Skifabrik Anton Arnsteiner" to "Blizzard GmbH". In 1976 a second production site was opened near Munich. In 1980 Blizzard introduced the "Thermoski", after 6 years of development. In 1996 Blizzard introduced its first Carving ski, but it also applied for insolvency and was bought-up by US company SCOTT Sports. It was sold to Karl Hofstätter (33.3%) and Anton Stöckl (66.6%) in 2005, who sold it to the Tecnica Group in 2006 and 2007, respectively. Sales of Blizzard skis are now completely integrated

neg: Ambrosia (food brand) demand, the creamery opened a new factory near to the original production facility. In 1990 the entire company was acquired by Colman's Ltd., a famous brand of mustard. This in turn was bought out by Unilever in 2001. Unilever sold the brand on in 2004, to Premier Foods, where it is still a core brand, alongside others such as Bisto, Branston and Hovis. In November 2018, Premier Foods announced that they are about to sell the Amrosia factory and brand in a move to focus on its growing brands, such as Batchelors and Mr Kipling, and to accelerate the rate

neg: Primary transcript "messenger RNA". The term hnRNA is often used as a synonym for pre-mRNA, although, in the strict sense, hnRNA may include nuclear RNA transcripts that do not end up as cytoplasmic mRNA. There are several steps contributing to the production of primary transcripts. All these steps involve a series of interactions to initiate and complete the transcription of DNA in the nucleus of eukaryotes. Certain factors play key roles in the activation and inhibition of transcription, where they regulate primary transcript production. Transcription produces primary transcripts that are further modified by several processes. These processes include the 5' cap, 3'-polyadenylation,

neg: Carroll Thayer Berry back to New England, where they bought a house in Wiscasset, Maine. Their home became a meeting place for craftsmen and artists of the region. Meanwhile, with World War II on the horizon, the Bath Iron Works commissioned Berry to document (through a series of paintings) their construction of fighting ships for the U.S. Navy. These oil paintings depict the shipyard in full production, at a time when the phrase “the delivery of a destroyer every other Friday” was a common slogan (Hammond). The Berrys sold their house in Wiscasset following World War II. They bought a home in Rockport,

neg: Bovine respiratory disease Many of the problems with vaccine effectiveness rest with improper use, such as failing to time vaccine doses appropriately, or not administering them before shipping. Vaccines are available for a number of viral/bacterial agents, including IBR, PI3, BVD, BRSV, Pasteurella, and "Haemophilus somnus". Many of these vaccines can be given simultaneously, because of their similar dosing schedule. For example, IBR, PI3, BVD, and BRSV vaccines are often sold in combination with each other. In the absence of vaccination (often because calves are bought unvaccinated), antibiotics can help to stop the bacterial factors of the disease. The Virginia Cooperative Extension recommends

neg: Beechcraft AQM-37 Jayhawk Small quantities of AQM-37s were also sold to Italy, Israel, and France, while Britain bought several hundred of the type. The Meteor company of Italy built a number of AQM-37s under license. All variants are air-launched, with the US Navy traditionally using the F-4 Phantom for the job and the British using the Canberra. More than 5,000 AQM-37 targets of all variants have been delivered since the early 1960s. The AQM-37C/D is still in limited production for the U.S. Navy. The AQM-37's engine is built by Rocketdyne, though in some sources it is credited to Harley Davidson, the motorcycle manufacturer,

neg: Citroën Méhari the Irish Defence Forces, which bought a total of 12 vehicles in the late 1970s; most were sold at auction about 1985, but one is retained at the DFTC in the Curragh Camp, County Kildare, Ireland. The car's colour was integrated into the ABS plastic material in production, and as a utilitarian vehicle, the options chart was quite limited. Only Vert Montana remained in the catalogue for all the 18 years of production. Except for the limited edition "Azur", the official names of colours all refer to desert regions. Ultraviolet rays from the sun impact the colorfastness of ABS plastic,

neg: Factor payments goods and services, hence factors of production are required for the production of goods and services. They are broadly divided in the three factors of production: land, labor, and capital. Land is the primary factor of production. Labor is the specific factor of production and payment is made in the form of wage. Capital is regarded as secondary factor of production as it can be manipulated by economic activity. Payment received would be in the form of interest. Later Entrepreneurship was added as the fourth factor of production. It earns profit to the entrepreneur. Factors of production are owned by

neg: Capri (cigarette) Jeffrey Wigand defected from the company. Wigand revealed the company’s secrets, saying that they had been adding unreported chemicals to the cigarettes. The Kool, Capri, and Viceroy cigarettes had increased nicotine levels to promote higher addiction factors, therefore promoting sales. Capri is mainly sold in the United States, but also was or still is sold in Mexico, Saint Kitts and Nevis, Costa Rica, Brazil, West Germany, Germany (where the brand is known as ""Caprice"" due to a trademark issue), Switzerland, Italy, Belarus, Ukraine, Russia, Israel, Hong Kong and Japan. All are available only in flip-top boxes. Capri (cigarette) Capri (also

neg: Weber carburetor in Bologna, Italy up until 1992, when production was transferred to Madrid, Spain, where they continue to be produced today. Weber Carburetors are sold for both street and off-road use, with the twin choke sidedraught DCOE being the most common one. They are sold in what is referred to as a Weber Conversion kit. A Weber conversion kit is a complete package of Weber Carburetor, intake manifold or manifold adapter, throttle linkage, air filter and all of the necessary hardware needed to install the Weber on a vehicle. In modern times, fuel injection has replaced carburetors in both production cars

neg: Tommykaira ZZ Tommykaira ZZ The Tommykaira ZZ is a mid-engined sports car manufactured by tuning company Tommykaira. The car started production in 1996 and ended in 2000, but it later restarted production fourteen years later in 2014. The first generation ZZ was all styled by Tommykaira, and did not borrow any designs from other cars. The roof of the car was detachable. The ZZ sold a total of 200 units in its years of production. The same generation of ZZ was bought out by a company called Leading Edge, and was resold in the year 2002 in two models, the 190RT and

neg: Capital (economics) factors of production (alongside the other factors: land and labour). All other inputs to production are called intangibles in classical economics. This includes organization, entrepreneurship, knowledge, goodwill, or management (which some characterize as talent, social capital or instructional capital). This is what makes it a factor of production: These distinctions of convenience have carried over to contemporary economic theory. There was the further clarification that capital is a stock. As such, its value can be estimated at a point in time. By contrast, investment, as production to be added to the capital stock, is described as taking place over time

neg: Maud Foster Windmill millwrights Norman and Smithson in 1819. Corn for the mill was brought in by barge along the drain. The original drawings and accounts survive, telling us that it cost £1826-10s-6d. The Reckitt brothers were millers, corn factors and bakers until poor harvests in the years up to 1833 led to the mill being sold. Isaac Reckitt moved to Nottingham and then to Hull where he set up Reckitt & Sons. The Ostler family bought the mill in 1914 and ran the business, known as Ostler's Mill, until 1948 when it closed and the mill fell into disrepair. In 1953 Isaac

neg: Franklin (automobile) industrial park for his business and its employees. Assets of the company were ultimately bought by Toledo, Ohio, entrepreneur Ward Canaday, who sold Franklin's real estate and plant machinery and invested the money into Willys-Overland Company. Carrier Corporation bought the Franklin plant for back taxes and manufactured air conditioners there for many years. Car production did not survive, but the name was sold and production of air-cooled engines for commercial and aircraft use was continued by (Aircooled Motors of Syracuse), a company founded by former Franklin engineers, Ed Marks and Carl Doman. Aircooled Motors manufactured aircraft and helicopter engines during

neg: Factors of production factors are land, labor (the ability to work), and capital goods. Materials and energy are considered secondary factors in classical economics because they are obtained from land, labor, and capital. The primary factors facilitate production but neither becomes part of the product (as with raw materials) nor becomes significantly transformed by the production process (as with fuel used to power machinery). Land includes not only the site of production but also natural resources above or below the soil. Recent usage has distinguished human capital (the stock of knowledge in the labor force) from labor. Entrepreneurship is also sometimes considered a

neg: Exploitation of labour peasants, or whatever socially alienated group from the social welfare function. However, it is not true that neoclassical economists would accept the marginal productivity theory of just income as a general principle like other theorists do when addressing exploitation. The general neoclassical view sees that all factors can be simultaneously rewarded according to their marginal productivity: this means that factors of production should be awarded according to their marginal productivity as well, Euler's theorem for homogeneous function of the first order proves this: The production function where K is capital and L is labour. Neoclassical theory requires that "f" be

neg: Induced innovation then, farmers would be looking to replace or use less of the more inelastic and less responsive factors of production since they are the more expensive to use. Therefore, technical innovations that replace such inputs would guarantee less costs and hence more profits. In other words, when demand for their products increases, farmers are lured by changes in relative prices to seek for technological alternatives that substitute the increasingly scarce factors of production. Here is where the government has to intervene. Clearly, agricultural workers can’t develop these innovations themselves and therefore demand that public research institutions develop new technologies that

neg: Gretsch Drums the mid-1969 Baldwin moved Gretsch instrument manufacturing operations from Brooklyn, NY to a plant in DeQueen, Arkansas. In 1985 Gretsch was bought back by a member of the Gretsch family, Fred W. Gretsch, the son of the late William "Bill" Gretsch and great-grandson of original company founder Friedrich Gretsch. At that time drum production was relocated to Ridgeland, South Carolina, where it remains today. In the late 1980s, Gretsch bought the remnants of the Slingerland Drum Company, which was later sold to Gibson, with Gretsch retaining the Leedy brand which had been part of the Slingerland purchase. In 2000, Gretsch

neg: Erector Set Toys. In 2000, Meccano bought the Erector brand and unified its presence on all continents. The two brands are now sold under the Meccano brand name. In 2002, a movie based on A.C. Gilbert's life called "The Man Who Saved Christmas" was made for television. It focused on Gilbert's successful appeal to the Council of National Defense to reject a proposal to ban toy production in favor of wartime related materials during World War I. An extensive collection of A.C. Gilbert Company scientific and educational children's toys is housed at the Eli Whitney Museum, in Hamden, Connecticut. Meccano model of

neg: Sleepeezee Sleepeezee Sleepeezee is a British manufacturer of mattresses situated in Kent. It has a Royal Warrant of Appointment for its products. Travelodge UK feature their mattresses. The company was founded in 1924. On 10 June 1980, a new factory in Normanton West Yorkshire as opened by Princess Alexandra This site ceased manufacturing the products in 1991. In 2006 it moved all of its production to a site in Kent. Its products are sold in Furniture Village and Dreams. In 1964 it was bought by the Simmons Bedding Company, and moved its premises. It was owned by Cauval Group of France

neg: 2012 United Kingdom budget any such property is bought through a company. This was a common tax avoidance strategy where individuals could set up a limited liability company which bought the property, thereby avoiding paying stamp duty, and then immediately sold it back to the individual. Osborne said this abuse "roused the anger of many of our citizens". Corporation tax was cut to 24% from 26% with effect from April 2012. The rate will reduce to 22% by 2014, which Osborne described as "dramatically lower" than the UK's competitors. He announced a consultation on simplifying the tax system for smaller businesses. The television production,

neg: The Cunningham project formula_5. When "n" is prime, both algebraic and Aurifeuillian factors are not possible, except the trivial factors ("b" − 1 for "b" − 1 and "b" + 1 for "b" + 1). For Mersenne numbers, the trivial factors are not possible for prime "n", so all factors are of the form 2"kn" + 1. In general, all factors of ("b" − 1)/("b" − 1) are of the form 2"kn" + 1, where "b" ≥ 2 and "n" is prime, except when "n" divides "b" − 1, in which case ("b" − 1)/("b" − 1) is divisible by "n" itself. Cunningham

neg: Alpine goat efficient for optimal dairy production. Dairy goats must be housed in specific conditions so that their milk production is not alarmed by changes. Changes in external factors can cause a decrease in milk production due to the pressure applied on the goat to adapt to these changes. The four factors for optimal production are; adequate ventilation, dry beds, uncontaminated feeder and water supply, minimal labor and disturbance. Alpine milk, as with all goat milk, must be filtered and chilled immediately upon separation from the lactating doe when intended for human consumption. The temperature at which milk will remain the best

neg: Farman Moustique production F 451 Moustiques were bought by the state under their "Aviation Populaire" programme, intended to bring people from all walks of life into aviation and make pilots of them. Other F 451s were bought by individuals, partly attracted by the low costs: the aircraft sold at just under 20,000 FF. To make the Moustique attractive to the hunting fraternity, Farman advertised an optional rear locker "for the transport of a dog." The sole Super Moustique, "F-AOYL", is on public display at the Musée de l'Air et de l'Espace, le Bourget. Farman Moustique The Farman Moustique is a family of

neg: Wildsmith Shoes created under the ownership of Herring shoes concentrates on unique designs and indulgence. All of the shoes are made in Northamptonshire, England where the factories are specialists in the Goodyear welting process that is at the core of the designs. Some lines also have oak bark soles and in-channel stitching where the welt stitch is cleverly hidden within the sole. Wildsmith was bought in 2016 by Herring Shoes as a sub-brand to keep the famous Wildsmith name alive. The company continues to work with Northamptonshire cordwainers. Wildsmith shoes are sold worldwide, with a price range generally between £300 and £500.

neg: Empire Sandy is incorrectly identified as tug "Englishman", however all other particulars are of "Ashford" ("Empire Sandy"). "Ashford" was handed back to the Admiralty in 1952. She was then sold to a Canadian firm, the Great Lakes Paper Company, and renamed "Chris M" (after Chris Michels, a senior employee of Great Lakes Paper). She then came to the Canadian Great Lakes where she spent fifteen years towing timber rafts for Lake Superior logging companies. In the early 1970s the aged ship was to be sold for scrap, but the steel hull was still in very good condition and she was bought by

neg: Wetland methane emissions life and amount of plant decomposition affects the nutrients available to the bacteria as well as the acidity. Plant leachates such as phenolic compounds from "Sphagnum" can also interact with soil characteristics to influence methane production and consumption. A constant availability of cellulose and a soil pH of about 6.0 have been determined to provide optimum conditions for methane production and consumption; however, substrate quality can be overridden by other factors. Soil pH and composition must still be compared to the effects of water table and temperature. Net ecosystem production (NEP) and climate changes are the all encompassing factors that

neg: Ted Studebaker the example of Jesus Christ. He volunteered for two years working with a Montagnard hill tribe where he helped them with agricultural production. He bought fertilizer and sold it to the tribe at cost to yield a better crop, did the same with a roto-tiller, and also worked on a poultry production project. He believed that working with the people of Vietnam was the only way to pursue true peace and stability in Vietnam rather than war, although he did not side with either the Vietnamese or the US military. He married a Chinese volunteer named Ven Pak in April

neg: Materials management may be a separate logistics department that is responsible for all new acquisition launches and customer changes. This logistics department ensures that the launch materials are procured for production and then transfers the responsibility to the plant materials management The major challenge that materials managers face is maintaining a consistent flow of materials for production. There are many factors that inhibit the accuracy of inventory which results in production shortages, premium freight, and often inventory adjustments. The major issues that all materials managers face are incorrect bills of materials, inaccurate cycle counts, un-reported scrap, shipping errors, receiving errors, and production

neg: Forced induction in motorcycles Forced induction in motorcycles Forced induction in motorcycles is the application of forced induction (turbochargers or superchargers) to a motorcycle engine. Special automotive engineering and human factors considerations exist for the application of forced induction with motorcycles, compared to other forms of motorized transportation. , forced induction has only been applied on a handful of production motorcycles, all from Japanese Big Four manufacturers in the early 1980s. Additionally, in 1978 Kawasaki offered the Z1R-TC, a semi-production model built by Turbo Cycle Corporation and sold through Kawasaki dealers. This is generally considered to be the first Japanese turbocharged motorcycle. The Honda,

neg: Thames Ditton British Rola bought Celestion in 1947 and moved production to Thames Ditton a year later. The name of the company changed to Rola Celestion; with its products sold under the brand name "Celestion". (MPP, later a camera maker, was formed as a subsidiary during the war.) From its creation in 1933 to its dissolution in 1994 the Milk Marketing Board, a government agency to support milk production and distribution in the United Kingdom was headquartered at Giggs Hill Green in Thames Ditton where it played a significant role in providing local employment and in supporting the Cricket Club and other

neg: Ronseal In 1964, the company moved to Chapeltown, Sheffield, where it still resides today. Known as Roncraft, it became a separate sales division of Izal in 1970 and was bought three years later by the Sterling Drug Company. In 1989, Sterling was bought by Eastman Kodak until the multinational photographic company sold all of its do it yourself business to the New York-based investment bank Forstmann Little & Co. in 1994. Forstmann Little & Co. included Ronseal within its Thompson Minwax Holding Corp. business, which it sold in 1997 to Sherwin-Williams. Sherwin-Williams purchased the Polish woodcare company Altax in February 2009,

neg: Angus McBean Leigh are some of the most accessible surrealist photographic images known. Post war he reverted to a more regular style of portraiture photography, nearly always working with the entertainment and theatre profession. In 1945, not sure whether he would find work again, McBean set up a new studio in a bomb-damaged building in Endell Street, Covent Garden. He sold his Soho camera for £35, and bought a new half-plate Kodak View monorail camera to which he attached his trusted Zeiss lenses. McBean was commissioned first by the Stratford Memorial Theatre to photograph a production of "Anthony and Cleopatra", and all

neg: Adolf Törngren sold in an auction and Törngren settled in Helsinki, where he ran a forwarding agency. After Törngren had decided to start business with Wasastjerna, he had sold the lot at Tammerkoski. His wife's younger brother Fredrik Idestam had built there a groundwood mill, which he later moved to Nokia. In 1877 Törngren founded company Tampereen Asfaltti- ja Kattohuopatehdas Oy ("Tampere Asphalt- and Roof Membrane Works") that bought the old factory and converted it for asphalt membrane production. Due to new fire protection regulations, the material had high demand and it was applied on roofs in urban areas and railway stations.

neg: Bespoke portfolio (CDO) bought, sold or valued. Therefore, these CDOs are valued using mathematical models that performed poorly both before and during the financial crisis. Subsequently banking industry regulators have pointed out concerns applicable to CDO tranches on bespoke portfolios that exceed even the regulators' concerns about index-based tranches (which are referred to as "standardized products" in regulatory literature). The Basel Committee on Banking Supervision's Regulatory Consistency Assessment Programme tested banks' internal models to identify the factors "contribut[ing] to the observed variability in trading book RWAs". "Bespoke products" were found to "exhibit[] much larger variability than standardised products" with respect to value at

neg: Thompson Cigar where it would remain until 1960. In 1960, Thompson Cigar Company was sold to Robert Franzblau. Franzblau relocated cigar production to local Tampa factories such as M & N Cigars and Gradiaz-Annis, which would make cigars under the Thompson brand. Both Stanford Newman and Morton Annis would serve as Franzblau’s mentors for many years. Newman bought Cuesta-Rey and Annis owned Gold Label and Macanudo, which he eventually sold to General Cigar Company. Expansion led Franzblau to permanently establish corporate headquarters at 5401 Hangar Court, Tampa, Florida 33634. Today, Thompson Cigar runs the single largest inventory storage humidor in the United

neg: Percival Petrel and 26 production aircraft). The Royal Air Force bought seven aircraft for communications duties under Air Ministry Specification 25/38; these were unofficially named Petrel. The Egyptian government bought two Q.6s. In the early months of the Second World War, most of the civil Q.6s were requisitioned for service with the RAF and RN. Two Q.6s of the Lithuanian National Airline were impressed by the Soviet Air Forces in 1940. With one exception, all the civilian Q.6s served with the Royal Air Force during the Second World War. Between 1946 and 1947, four requisitioned Q.6s and three Petrels were sold to

neg: Location theory in the further development of international site theory. Tesch combines theories of international trade and investment with site theories. He is the first to include country-specific framework conditions in his analysis. The main basis for his comments on the various types of internationalization are location-specific competitive advantages. In this context, Tesch developed a catalogue of criteria for international site decisions grouped into three categories: • site factors affecting all company activities • availability and costs of the site factors impacting on the production factors • turnover-related site factors. Thomas Goette’s 1994 study tries to classify important international site factors and