Seismic magnitude scales the amount of slip, the area of the surface ruptured or slipped, and a factor for the resistance or friction encountered. These factors can be estimated for an existing fault to determine the magnitude of past earthquakes, or what might be anticipated for the future. An earthquake's seismic moment can be estimated in various ways, which are the bases of the M, M, M, M, M, M, and M scales, all subtypes of the generic M scale. See for details. Seismic moment is considered the most objective measure of an earthquake's "size" in regard of total energy. However, it is
Natural monopoly professionals such as jewellers, physicians and lawyers, he said, The superiority of reward is not here the consequence of competition, but of its absence: not a compensation for disadvantages inherent in the employment, but an extra advantage; a kind of monopoly price, the effect not of a legal, but of what has been termed a natural monopoly... independently of... artificial monopolies [i.e. grants by government], there is a natural monopoly in favour of skilled labourers against the unskilled, which makes the difference of reward exceed, sometimes in a manifold proportion, what is sufficient merely to equalize their advantages. If unskilled