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They will continue to rise as minimum wages and social welfare improve, adding that on top of the 13 percent annual increase in the minimum wage as set in the 12th Five-Year Plan (2011–15), mandatory social welfare will add another 35 to 40 percent to the payroll cost.
The scheme was introduced on 20 March 2020 as providing grants to employers to pay 80% of a staff wage and employment costs each month, up to a total of £2,500 per person per month. The cost has been estimated at £14 billion a month to run.
Average fixed cost. Short-run cost curves. In economics, average fixed cost ( AFC) is the fixed costs of production (FC) divided by the quantity (Q) of output produced. Fixed costs are those costs that must be incurred in fixed quantity regardless of the level of output produced. Average fixed cost is the fixed cost per unit of output.
TeraBox. As far as cloud storage goes, TeraBox offers the most free storage for photos or videos, with 1TB of space. This is enough to store 400,000 photos or 51,200 one-minute videos, according ...
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
A nuclear microreactor is a plug-and-play type of nuclear reactor which can be easily assembled and transported by road, rail or air. Microreactors are 100 to 1,000 times smaller than conventional nuclear reactors, and when compared with small modular reactors (SMRs), their capacity is between 1 and 20 megawatts whereas SMRs comes in the range from 20 to 300 megawatts.