updates
What happens to supply when price decreases?
When economists talk about supply, they mean the amount of some good or service a producer is willing to supply at each price. An increase in price almost...
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Why did you choose USA to study?
The United States of America (USA) hosts the most number of international students in the world. Quality education, unique curriculum, multicultural envir...
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Has any American been knighted?
Examples of famous Americans who have received this honor include Bob Hope, Bill Gates, George Bush, and Colin Power. The only person who has the authorit...
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How gross margins could be increased?
To increase gross margin, you can increase your prices, but you may also try reducing the amount you pay for the goods you sell as well. This may require ...
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Why is management above administration?
According to many classical thinkers, administration is above management so far as different functions in the organization are concerned. The basic approa...
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What do you make of the battle between Gillette and Schick is the battle of one upmanship good for either company?
The battle between Gillette and Schick is very good for the consumer. This rivalry is upmanship good for both of the companies in a way. Because everytime...
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Is depreciation expense the same as accumulated depreciation?
Depreciation expense is the amount that a company’s assets are depreciated for a single period (e.g, quarter or the year), while accumulated depreciation ...
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Is there a BBB for online businesses?
The Online Business Bureau is one such consumer advocacy group that keeps records of websites and rates companies as “recommended,” “warning” and “negativ...
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How do you get seeds from kohlrabi?
If the pods are dry, they will release their seeds easily when threshed. Storage and Viability: Store kohlrabi seeds in a cool, dark, and dry place in an ...
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What is the formula for assets liabilities and equity?
You can calculate it by deducting all liabilities from the total value of an asset: (Equity = Assets – Liabilities). In accounting, the company’s total eq...
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