In the practice I fail and fail, and they take the ball away from me, but I remember my dream and I keep playing and trying, one day I will make it. I was a young person pursuing a desire my dream was to travel to Brazil and play professionally. My father’s advice to […]
The factor of production is an economic term that describes the inputs used in the production of goods and services in order to make an economic profit. These include any resources needed for the creation of a good or a service. These factors of production are land, which is natural resources used as raw mater. […]
You have a small excavation firm and wish to purchase a small backhoe. Based on your research, you need to have $54,000 to purchase one used. If your cost of capital is 0.50%/month and you want to recover your capital (on a Present Worth basis) in 20 months, how much profit must this backhoe generate […]
Having a car is a good thing if you have the cash. The good thing about cars is that you can choose any according to your pocket. It’s either new or a used one. There are a few things that one needs to consider when finally deciding that this is the car am buying.