What is meant by economizing?
What people usually seem to mean is to cut costs. Putting less into a product or service in hopes of getting more out of it. There is a limit though to economizing. You can cut or control people wages for so long before they look for work elsewhere. You can find less expensive inputs into the products you make but quality eventually suffers. Economizing is fine so long as you keep it in perspective or you'll find economize can cost a lot in the end.
Scarcity is our limited resources but unlimited wants.The problem of scarcity is that our wants are always beyond what we can produce with our resources.
Feliciano Fajardo defines economics as the correct and efficient use of resources. These resources should be used so that the greatest benefit is received by the people.
I shall assume the question means "what is meant from an economics point of view?" For example, many people will have an opinion on issues such education or health.It may be said that people are in favor of more education improvements or better healthcare. These views may be altered when the dollar costs of these improvements are factored in. Thus while most people will be in favor of better educational programs or increasing healthcare for… Read More
The biggest economic problem is Scarcity. All over the globe, people have unlimited want and desires, but we have only LIMITED resources. Economics is about making decisions to fulfill these wants to our extent. For example, questions such as: What goods and services should an economy produce?How should we produce these goods and services?Who should get the goods and services we produce?
Internal economics is what come from inside the external economics what come from outside
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
Taken in a broad meaning, the answer to what is economic participation can be answered in a broad fashion as well. Here is an example of economic participation: A few years ago one of the largest corporations in the United States was General Motors. Business had been very bad over the past number of years due to competition from foreign automobile makers, along with a US economic recession. In order to save jobs and keep… Read More
In the legal system of the former Soviet Union, economic law was the system under which economic relations were a legal discipline independent of criminal or civil law. In the United States and other systems, economic law roughly corresponds to what is called commercial law or business law, the body of law that applies to the rights, conduct, and relations of persons or businesses engaged in sales, commerce, trade, and the like. Approaching the question… Read More
Hi, pls send related answer for the question of "Role played by Indian capital market for economic devolopment" I will research the title of above byR.RAMESHEmail: firstname.lastname@example.org
In its most basic form, the Coase Theorem, named after Ronald Coase, explains that the private markets, if left to their own devices will solve the problems of externalities and allocate resources efficiently.
an economic collapse
It is a situation in business cycle where the long run equilibrium depends on the path followed in short run. For example, shift in labor supply curve in short run due to economic shocks causes wages to rise. Even after the economy stabilises the tendency of wages not to fall is described as hysteresis.(email@example.com)
Work is human activity, whether employing the powers of the body or the faculties of the mind, that produces the goods or provides the services in an economy. It is a person's specific role in society which is fulfilled in order to meet that person's needs and wants. People's opinions about their work vary depending on the type of work that they do and their working conditions. Many view it as a 'necessary evil' while… Read More
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Economics is the social science that investigates human activity directed toward the production, distribution, and consumption of goods and services.
What is an economic system in which production of goods and services is determined by demand from consumers?
Fixed are the cost that are not affected the by the fluctuations in the level of activity. As an example the rent cost of a apperal manufacturing company would be a typical example of a fixed cost in short run as rental is not affected by the level of activity that is produced.
Balance SheetDuring the past 5 years, there is a steady increase in the total amount of asset within the company, especially in the investments. Cash and other current assets have been hit by the economic crisis of 2008 but in 2010, Sony was able to replace the lost cash and even increase it by about 200.000 million yens since before the financial crisis.In addition, there is a steady decline in the tangible fixed assets, showing… Read More
The economic growth and the size of the US economy, allowed for the US to base literally tens of thousands of troops abroad and develop a strong and sophisticated military. The top four economies in the world in 1950 was as follows: GNP & GDP of the top four economies in 19501. US 381 Billion GNP and $2,346 GDP;2. USSR 126 Billion GNP and $699 GDP;3. UK 71 Billion GNP and $1, 393 GDP; and4… Read More
the most important gas is the gasses that we brethe.
because it stimulates growth
Economics is not a specialized skill, rather, an area of study. One cannot economic something.
Macroeconomics study large economic aggregates such as national income, aggregates demand and supply etc. It is that branch of economics that studies how society uses it scarce resources to satisfy it unlimited wants. whiles micro study individual markets in the economy, example the markets for plantain macro studies the economy as a whole. whiles micro uses partial equilibrium by the uses of "ceteris paribus" to explain economic phenomenon, macro uses full equilibrium analysis.
That is a very good question.
Fixed Cost is the cost which remains constant at all levels of production during short period. It is the basic expenditure requirement of a business which is needed even at zero level of production. example: minimum telephone expenses
It means the word is facing a recession.
The basic economic of Gilgit Baltistan is dariy fruit
The economic pyramid is a graphical representation of the overall wealth of the world community. The apex or very smallest part of the pyramid represents the very richest people on the planet while the bottom and largest part of the pyramid represents the large number of people with extremely limited income and resources. The billions of people on earth surviving on only a couple of dollars per day represent the bottom of the economic pyramid… Read More
A nation can decrease its chances of falling into an economic collapse by doing its best to maintain a balanced budget and keeping the tax system fair to its citizens. Problems can be averted by encouraging its citizens to save money rather than spending all they can. Growth is a key to remaining prosperous, and policies by the government to allow economic growth will go along way in preventing economic disasters.
I would take it as: consumer is supreme; disclaimer - i am not an economist; only an ordinary layman.
product differentiation refers to the process of differentiating your product from those of your rivals through adding value to your products. for differentiated products sellers will be able to charge a premium price due to their uniqueness and high quality along with high value
It used to be USSR, which I think stood for the United Soviet Socialist Republic, then it was the Soviet Union, now I think it's back to Russia. It's like Hong Kong, or Beijing, or Ho Chi Min City, or... I digress.
Economics makes uses of mathematical, logical, and empirical models to reach objective conclusions about the nature of some phenonmenon in the real world. This involves theory and experiments which are falsifiable and repeatable.
Firstly, it's very much important to be aware about the term business which is signified as an organization involved in the trade of goods, services, or both to consumers. It may be owned by multiple individuals and may be referred as a company. It may also be a non-profit or state owned business that can be signified as in the form of the economic activity as it is related to production, distribution, exchange and consumption… Read More
The labor force is an economic resource.
Work is the compulsory activity of humans involving physical or mental effort that produces the goods or provides the services in an economy with the motive of remuneration.
Work is any regular, usually compulsory activity that humans engage in for economic gain. It is mostly engaged in to provide for basic needs but may also be engaged in to satisfy any wants.
Two many unemployed individals,not enough for everyone to have.
i am not sure but shopping malls are boon to the city
Economic conflicts at a workplace more often then not are about the wages and benefits that employees receive from their employer. A union representing the workers is a common way to solve these types of problems. Also, a company on its own, in addition to union agreements can award bonuses to its best workers.
Equal distribution of wealth is associated with the ideas of Communism and Socialism.
It peacefully rips off the material base for further generation's survival for present generations' present interest. Regardless that is done by cooperative or competitive economic developments. Resources are intrinsically limited and the process of resources consumption is irreversible. But human survival and development inevitably depend on it.
An externl influence is the amount the business owner has to pay towards taxes. E.g.- third party.
It depends on the university where you want to follow the master. You need a relevant bachelor from an university which has a good reputation and some universities demand a letter of recommendation. My advice is: Check the website of the university and master of your choice or call them in case you can't find the answer there.
Is a measure of time, cost and effort. Measures of an efficient information system include its productivity, processing time, operational costs and level of automations. Measures of an efficient information products include the speed of processing, the functionality of the solution, the ease of use of the solution and output, and the cost of information processing.
Both are difference professioner business finance is the art of manage in or controlling a business or work on business but economic is to your self as the nation.