Which of the following is a solution to the problem of externalities? a) all of these are...

Explore the economic value added concept, which measures business performance based on profits versus the cost of capital. Review what economic value added is, understand the cost of capital, see the economic value added formula, and view an example.

Entities, including private individuals, that own one or more shares of a company's stock are known as shareholders. Learn how business decisions affect shareholders, recognize the difference between preferred and common shareholders, and discover how dividends are distributed.

Explore the multiplier effect in economics. Learn the definition of the multiplier effect and understand its importance. Discover multiplier effect examples.

Laws are enforced through authority or right to act that has been given permission by the people, granting it legitimacy. See the concept and necessity of authority and legitimacy as they exist in government, organizations, and individuals.

Computer-based material requirements planning (MRP) systems are used by many businesses to keep track of the resources needed for production, or lot sizing, and distribution. Learn how MRP systems function with lot sizing and explore different methods of determining necessary quantities for production.

Macroeconomic issues in business are factors and decisions that are influenced by the performance of the nation's overall economy. Learn about the impacts of the unemployment rate, inflation, economic output, interest rate, and technology on functional economies. and why business leaders pay attention to macroeconomic issues.

Explore transfer payments. Learn the definition of transfer payment and discover its various types. Understand transfer payments through miscellaneous examples.

Discover what a quality circle is. Learn the quality circle definition, explore the structure of quality circles, and view a quality circle process example.

In this lesson, learn what hedging is, examine the different risks involved in the foreign exchange market and explore the strategies for reducing their potential impact. Also, identify some of the methods used in foreign exchange hedging.

In this lesson, learn what transaction costs are in economics. Understand what the transaction cost theory proposes and see transaction costs types and examples.

In exponential equations, numbers raised to a certain power mean that number times itself the superscript number of times, but the rule for zero is that any number raised to the zero power equals one. Understand the rule for using zero as an exponent, why zero is different, and see some examples of how it works.

Learn what real wage is and how to calculate real wage using the real wage formulas. See examples of real wage calculations, and understand the differences between nominal wage and real wage.

An expansionary gap occurs when an economy is operating above its long-run potential. Learn about the definition of expansionary gap and the consequence of rapid economic output, and visualize the concept with illustrations of full employment and expansionary gap.

Real output, price level, and the real gross domestic product (GDP) are all related because increase in prices means increase in GDP growth. Learn about gross domestic product and inflation, real vs. nominal, changes in price level, and real output.

Learn about consumer preferences in economics and understand the importance of the consumer choice theory - study examples of consumer preference assumptions.

Contacting the area's convention and visitors bureau is a wise step to take early in the event planning process. Discover how these non-profit organizations can provide time-saving information on local hotels, food service, and meeting spaces.