Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed.
PART 5 Firm Behavior and the Organization of Industry
Chapter 13 of 36 Firms In Competitive Markets
Section 1 of 24
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Chapter 14 Topics
What Is A Competitive Market?
The Revenue Of A Competitive Firm
The Supply Curve In A Competitive Market
Example Of Profit Maximization
The Marginal Cost Curve and The Firm's Supply Decision
The Firm's Short-Run Decision To Shut Down
Sunk Costs
The Firm's Long-Run Decision To Exit Or Enter A Market
The Short Run: Market Supply With A Fixed Number Of Firms
Why Do Competitive Firms Stay In Business If They Make Zero Profit?
A Shift In Demand In The Short Run And Long Run
Why The Long-Run Supply Curve Might Slope Upward
… …
competitive market
kyōsō ichiba
競争市場
... ...
Two early history advances in most languages were replacing logogram characters with letters and putting spaces between words.
Japanese only partially uses its own “kana” alphabet letters in place of Chinese characters and does not use spaces.
Since it's phonetic, easy to pronounce, and absorbs many words from other languages especially English, Japanese would be a great choice for the future universal language if it used Roman letters and spaces.
Notice:
-how choppy Japanese sounds, making it easy to pronounce
-phrases written in Japanese using roman letters are almost always shorter than English, making it more efficient to write and speak
From Wikipedia: “In the Meiji era (1868–1912), some Japanese scholars advocated abolishing the Japanese writing system entirely and using romaji (Roman letters) instead.”
“They,” viewing and discussing either the beginning or end of life on a planet, are speaking future evolved Japanese in the Byrds song C.T.A.-102?
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