1. The growth .in.. output..per. person rather than the growth .in.. total output is .of.. greater importance ..in. an economy.
<span>2. The companies selling consumer goods recognize the importance ..of. consumer preferences; they spend over $40 billion ..per. a year.in.. the US .on.. advertising trying to direct consumer preferences .to.. their own products. </span>
<span>3. An increase or a decrease .in.. total revenue may follow .-.. a price rise and a decrease .in.. the quantity produced accompanying it. The effect depends .on.. which change is larger - the change .in.. price or the change .in.. the quantity produced. </span>
<span>4. After a particular market is defined ..in. terms .of.. its product and its geographic area, the economist can study the workings..of. demand and supply .in.. that particular market. </span>
<span>5. As the price ..of. a good increases, consumers can buy less .of.. all goods, including ..-. the good whose price has risen. </span>
<span>6. Opportunity costs and amounts paid .towards.. all resources are included .in.. total costs. </span>
<span>7. The output..of. beer..in. Russia's largest beer maker, Baltika Brewery, grew.up to .. 30 percent .from.. 1999 .till.. the previous year. </span>
<span>8. ..in. 1999, industrial production ..in. Russia increased..by. 7.9 percent but the output..of. agricultural sector decreased ..by. 0.6 percent compared .to.. 1998 level. </span>
<span>9. Every field, economics.in.. particular, has its "schools" and groups. "Liberal" economists believe .in.. market system opportunities. But they also believe .in.. government support and regulation .of.. an economy. "Classical liberals" or the "Chicago Group" rely ..on. people's private choices as the rational basis .of.. the economic system. "Radical" economists, including ..-. Marxists and other critics, believe that free-market capitalism must result.in.. depressions and mass unemployment. They assume that governments must run .-.. all economic units and make all economic decisions. </span>
Father, mother, sister, brother,daughter, son, grandmother, grandfather.
Lipetsk is the city in Russia, which is situated in 445 km from the capital of Russia (Moscow<span>). It is the administrative center of Lipetsk oblast.
The area of the city is around 320 square km. The population of the city is 510 439.
</span><span>Its history starts from the 1283. Lipetsk was founded near the Voronezh River.
</span><span>he main street of the city is called Lenina. This street is considered to be a historical centre of the city. Walking along this street you can find a monument-Nativity of Christ Cathedral. It is the main cathedral of Lipetsk.</span>
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