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A standard car driving licence issued by an EU country (i.e. class B) limits the licence-holder to driving vehicles with a "maximum authorised mass" (i.e. GVWR) [8] of 3,500 kg (7,700 lb). This includes holders of UK class B driving licences who passed their driving tests on or after 1 January 1997.
A delivery may consist of a single, multiple or priority urgent load and can be either same day or next day delivery. The vehicle (as long as it doesn't exceed the 3.5 T gross vehicle weight) does not require a tachograph and can also be driven by people with a regular car license without the need for an Operator's License. The speed ...
The summary chart includes the five largest worldwide automotive manufacturing groups as of 2017 by number of vehicles produced. Those same groups held the top 5 positions 2007 to 2019; Hyundai Motor Group had a lower rank until it took the fifth spot in 2007 from the at that time split German-American auto manufacturer DaimlerChrysler, while Ford became surpassed by Honda in 2020, and even ...
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Price and total revenue have a negative relationship when demand is elastic (price elasticity > 1), which means that increases in price will lead to decreases in total revenue. Price changes will not affect total revenue when the demand is unit elastic (price elasticity = 1). Maximum total revenue is achieved where the elasticity of demand is 1.
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Marginal cost and marginal revenue, depending on whether the calculus approach is taken or not, are defined as either the change in cost or revenue as each additional unit is produced or the derivative of cost or revenue with respect to the quantity of output. For instance, taking the first definition, if it costs a firm $400 to produce 5 units ...
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