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The price of gold is constantly increasing because gold has typically been considered the safest and most popular investment option out of all the precious metals. More specifically, gold is the oldest form of currency, and has been used as such for over 5,000 years. Since gold is a natural resource, there is only a limited amount available, and eventually there will be no more left to mine.
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What is the energy cost of gold?
The energy cost of gold is 88,184,905
What is the cost of gold mining?
The energy cost of gold is 88,184,905
Why average cost increase when marginal cost is increasing?
Marginal cost = derivative of (Total cost/Quantity) Where Total cost = fixed cost + variable cost Marginal cost = derivative (Variable cost/Quantity) (by definition, fixed costs do not vary with quantity produced) Average cost = Total cost/Quantity The rate of change of average cost is equivalent to its derivative. Thus, AC' = derivative(Total cost/Quantity) => derivative (Variable cost/Quantity) = MC. So, when MC is increasing, AC' is increasing. That is, when marginal cost increases, the rate of change of average cost must increase, so average cost is always increasing when marginal cost is increasing.
How much does an Alaskan gold nuggets cost?
The cost of a gold nugget will (obviously) depend on the amount of gold in it.
Why the price of gold increasing?
The price of gold is probably increasing because there's less of it than there used to be and the more rare something is, the more valuable it is. try this site its useful http://gold-price-blog.info/
After three months gold rate increasing?
After three months the therate of gold has started to fall.
Is demand for gold is an exception to the law of demand?
Yes, the demand for gold is an exception to the law of demand because the cost of gold in increasing day by day and it became the best business metal so the business persons storing the gold and the shortage of gold is happening and income level of persons also increases so they are making afford to buy the gold though the price of the gold touching the heights. so gold is violating the law of demand
Increasing opportunity cost graph?
There are many ways in which you can show increasing opportunity cost on a graph. You could show it in comparison to satisfaction for example.
How did gold affect western history?
it did from increasing the population by A LOT
What are the advantages and drawbacks of using gold standard?
Unfortunately there are disadvantages to the gold standard. One of the main disadvantages of implementation is that a gold standard would artificially inflate gold's value, increasing the cost of items and industrial process in which it is used. Another disadvantage is under the gold standard, gold mined at a different rate than the economy grows can produce both inflation, when deposits are discovered and extracted and deflation when they are mined to exhaustion
How much did gold cost in the gold rush?
liver
What is the energy cost of producing gold from minerals?
No one answer. It would depend on the gold content of the mineral. The higher the gold content, the lower the energy cost. The deeper the mine, the higher the cost.
