Crossover Rate
Crossover rate is the cost of capital where two projects have the same net present values (NPV) or where their …
Economics
What are Determinants of Supply?
Determinants of supply are the factors that can causes changes to, or affect, the supply of a product in the …
What is Equilibrium?
Equilibrium is where the products or services demanded in a market is equivalent to the products or services that are …
What is Perfectly Inelastic Demand?
Perfectly inelastic is where a small increase or decrease in the price of a product will have no effect on …
What is Voluntary Exchange?
A voluntary exchange is a transaction where two people trade goods or services freely, there is no coercive or restrictive …
What is Perfectly Elastic Demand?
A perfectly elastic demand curve will be a straight line (horizontal) on a graph, where the x-axis will be the …
What is Market Demand?
Market demand refers to the sum of individual demand for a product available in the market. Consider a product available …
Interest Rate Parity
Interest rate parity (IRP) is a concept which states that the interest rate differential between two countries is the same …
Unit Elastic Demand
Unit elastic demand is the economic theory that assumes a change in product price causes an equal and proportional change …
What is Primary Economic Activity?
A primary economic activity refers to any kind of economic activity that involves collecting, extracting or harvesting natural resources. There …