With minimal investment
How to start a crayfish farming business
One common form of small business is selling beer. In Russia, they especially like a…

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How to become a millionaire
Many people dream of becoming a millionaire, but not many try to achieve this specific…

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How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

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How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

Continue reading →

orange and apple

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 →

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Virtual Assets Law: Help or Barrier?
For a long time this market remained unsettled. So the conceptual goal of adopting a…

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8 reasons why a business is losing money out of the blue
When we start working with financial accounting in companies, the first thing we do is…

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Margin Analysis
Let's imagine that confectioner Vasya Yagodkin sells one hundred cakes with raspberries and one hundred…

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