With the coming of the second wave of covid 19 most of the friends of Rahul were spending sleepless nights thinking about how to meet up with the demands of the upcoming days with their jobs being in question and without any savings. Rahul on the other hand was confident with his financial situation since…
Table Of Contents:Meaning of demand Determinants of demand Meaning of demand: The term demand refers to the quantity of goods or services that the buyers are willing or able to purchase at various prices during a given period of time. Consider following example: Your birthday is approaching, you want to go to a five star hotel.…
Now having understood micro and macroeconomics, let us understand the nature of business economics: The following points will describe the nature of business economics: . Business economics is a science · Based on microanalysis · Incorporates elements of macro analysis · Business economics is also an art · Use of theory…
Hello everyone, welcome to the Singhvi Online family. Hope you are in the best of health and spirit. In today’s blog, we are going to understand the concept of Micro-economics and Macro-economics And the nature of Business economics. Table Of Contents: Meaning of Micro Economics Definition of Micro Economics Interpretation Meaning Of Macro Economics Definition…
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…
There are many networks on internet such as sharesale.com, google.com.etc, you have to do their work. These network will give you forms of different companies to fill, in which you have to select that which form you want to fill. If you fill the forms of survey, you have to fill it according to your…
Story behind Crypto currencyThese days, cryptocurrency is very much popular and everyone is talking about it. Nowadays cryptocurrencies like Bitcoin are used for exchange of services in monetary terms for few products and services like electronics, luxury watches, and even cars. Lots of companies are partnering with crypto to make it usable to everybody. But…
The stripe on the back of a credit card is a magnetic stripe, often called a magstripe. The magstripe is made up of tiny iron-based magnetic particles in a plastic-like film. Each particle is really a very tiny bar magnet about 20 millionths of an inch long. Your card also has a magstripe on the…
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…