Virtual Assets Law: Help or Barrier?
For a long time this market remained unsettled. So the conceptual goal of adopting a law on virtual assets is, first of all, to move the market and activities with virtual assets into the legal field. This means granting a certain legal status and concept to virtual assets (which, by the way, is not limited to cryptocurrency only), direct recognition of virtual assets at the legislative level as objects of legal relations, regulation of their circulation, determination of the rights and obligations of participants in the virtual assets market and the establishment of public policy principles and regulation in the sphere of their circulation. Continue reading
Choosing a bank is one of the most responsible decisions. A lot can depend on the stability of a credit institution. Of course, it is quite difficult for an average Russian to deal with professional financial indicators, but one must at least assess how long a bank has been operating in the market, how successfully it has functioned all this time, how large it is, many banks have ratings from international or Russian rating agencies. Bank ratings in terms of assets, loan and deposit portfolios, network of branches, quality of service are available on a number of Internet resources. Continue reading
How to Find Marginal Revenue
According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional item sold. Marginal revenue is the increase in revenue from the sale of an additional unit of output. Marginal revenue can be calculated using a simple formula: Marginal revenue = (change in total revenue)/(change in units sold). Continue reading