Category: Learning
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Hello everyone, welcome to the Singhvi Online family. Hope you are in the best of health and spirit. In the previous blog, we understood what economics is about, and we did economic analysis. Now we are going to learn Business Economics & Decision-Making with the help of Business Economics. Table of contents: The important point…
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Luck is not chance— It’s Toil— Fortune’s expensive smile Is earned— The Father of the Mine Is that old-fashioned Coin We spurned—. Many might argue there is no such thing as luck, it all depends on hard-work. And I wouldn’t say I completely disagree, hard-work does get you to places and opens so many gateways…
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Hello everyone, welcome to singhvi family. Hope you are in the best of health and spirit. In today’s blog we will understand what exactly is economics, what is economics study about and what is economic analysis?. Good news is you don’t need to study, it is a mere application of practical circumstances appearing in our…
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The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one has “broken even,” though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit…