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Trans-Missouri Freight Association, 166 U.S. 290 (1897), was a United States Supreme Court case holding that the Sherman Act (which was an antitrust measure that prohibited anticompetitive behavior in commerce) applied to the railroad industry, even though the U.S. Congress had enacted a comprehensive regime of regulations for that industry. [1]
[1] [2] [3] Microeconomics focuses on the study of individual markets, sectors, or industries as opposed to the economy as a whole, which is studied in macroeconomics. One goal of microeconomics is to analyze the market mechanisms that establish relative prices among goods and services and allocate limited resources among alternative uses. [ 4 ]
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Samuelson, Paul A. (1983), Foundations of Economic Analysis (Enlarged ed.), Cambridge: Harvard University Press, ISBN 0-674-31301-1. This is a classic book carefully discussing comparative statics in microeconomics, though some dynamics is studied as well as some macroeconomic theory. This should not be confused with Samuelson's popular textbook.
This picture illustrates a variety of transportation systems: public transportation; private vehicle road use; and rail. Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. [1]
Frenzy ranked 14th on Variety ' s list of the Big Rental Films of 1972, with rentals of $6.3 million in the United States and Canada. [34] The film was the subject of the 2012 book Alfred Hitchcock's Frenzy: The Last Masterpiece by Raymond Foery. [35] Frenzy holds a 91% rating on Rotten Tomatoes, based on 44 reviews.
1 gal-US (3.785 L, 0.833 gal-imp) of fuel can move a ton of cargo 857 km or 462 nmi by barge, or 337 km (209 mi) by rail, or 98 km (61 mi) by lorry. [142] Compare: Space Shuttle used to transport freight to the other side of the Earth (see above): 40 megajoules per tonne-kilometre. Net energy for lifting: 10 megajoules per tonne-kilometre.
McLean was born in Maxton, North Carolina in 1913. [2] His first name was originally spelled Malcolm, though he used Malcom later in life. [3]In 1935, when he finished high school at Winston-Salem, his family did not have enough money to send him to college, but there was enough for McLean to buy a used truck.