The concept of elasticity of demand is generally associated with the name of Alfred Marshall who had done much to develop it. Law of Demand explains the direction of change in demand. A fall in price leads to an increase in quantity demanded and vice versa. But it does not tell us the rate at … Read more
Profit, like the reward of any other factor, is determined by the forces of demand and supply. This theory defines the entrepreneur as a business enterprise itself and profit as his net income. Profit as the reward of an entrepre- neur is governed by the demand for and supply of entrepreneurs. Demand for Entrepreneurs The … Read more
The difference between accounted profit and finan- cial profit makes measurement of profit complicated. The question arises as to what to include in opportunity cost and what not to. Measurement of profits is not easy even from accounting point of view. In the financial analysis of company accounts because of some accounting traditions many serious … Read more
The nature of profit has been a very complicated and difficult problem for economists to solve. In the last stages of the 19th century Prof. Taussig had called it a form of mixed and vexed income. It is mixed because it is formed as a mixture of many resources and vexed because economists cannot decide … Read more
How much is car insurance for the average American? What is the average car insurance rate by age and gender?We pulled data from several top sources for car insurance data to get the answers. Some of the results were just as we expected – for example, teens pay too much for car insurance. There were … Read more
Why would you need a property insurance policy? We are going to tell you why you need property insurance, you will also have to read this article further to know, So let’s start Property insurance is one of the most important insurance products that provide protection for residential buildings and their contents and protect them … Read more
The chances are slim that you could lose an overall cause larger than what your current insurance pays for – but if you ever end up in this situation, you could lose all of your savings. Umbrella insurance is there to make sure you’re never living that nightmare. Below, we’ll take a more in-depth look … Read more
The Defects or Problems or Criticism of Industrial Finance in India Many reasons exist for the paucity of industrial fi-nance in our country and due to this adequate assistance cannot be provided to industrialization. The following are the problems facing industrial finance – 5.policies for the industrial needs. Thus propercapital cannot be made available to … Read more
Estimates Financial planning Finance is one of the basic prerequisites to start a new project. It is the availability of finance that facilitates an entrepreneur to bring together all the other factors of production and to combine them to start the production. The significance of finance in production is just like lubricant to the process … Read more
Financial Institutions Assisting industrialists Began in 1948 with the establishment of Indian Finance CorIn India the task of constituting financial institutions poration. Since then the government has set up many specific about 70 specific financial institutions are operational in Infinance institutions to encourage entrepreneurship. Today dia and they provide finance and other technical training, als, … Read more