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In a Computer Manufacturing Organisation,the Technical Core Includes

question 95

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In a computer manufacturing organisation,the technical core includes:

Recognize the importance and function of primary and foreign keys in relational databases.
Understand the concepts and characteristics of different types of mutual funds.
Identify the costs and fees associated with mutual funds, including loads, 12b-1 fees, and expense ratios.
Understand the calculation of net asset value (NAV) and how it affects mutual fund transactions.

Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business.

Fixed Costs

Expenses that do not change with the level of output or sales in the short term.

Marginal Cost Curve

Graphical representation showing how the cost to produce one more unit changes as production increases, typically U-shaped due to economies and diseconomies of scale.

Average Total Cost Curve

A graphical representation showing the average cost per unit of output, calculated by dividing total costs (both fixed and variable) by the number of units produced.

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