Code of practice and Profit maximising output: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Link with Ethics page.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
1.
The output level at which marginal cost equals marginal revenue.


Relevant published and authoritative guidance not having direct legal effect.
== See also ==
* [[Marginal cost]]
* [[Marginal revenue]]


Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.
Sometimes known as codes of conduct.
2.
A Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.
==See also==
* [[ACT Ethical Code]]
* [[Code]]
* [[Ethics]]
* [[Guidance]]
* [[Technical provisions]]
* [[UK Corporate Governance Code]]
* [[Code of conduct]]
[[Category:Ethics_and_corporate_governance]]

Revision as of 14:20, 23 October 2012

The output level at which marginal cost equals marginal revenue.

See also