STEP COSTS
Step Costs are expenses of a business that are constant in a certain level of business activity. It increases and decreases if a threshold is crossed and may be seen in the graph as a stair step pattern. Step costs change with the production levels of the business.
POPULAR TERMS
Quantity Supplied
An economic term that is used to describe the amount of good or services supplied at a given marketplace.
Copey
Colloquial term for the Danisk krone, the official currency of Denmark. The term stems from its name Copenhagen, the country’s capital and bi ...
Bond Attorney
Lawyer representing bondholders’ interests in a bond offering and preparing the legal opinion to validate the issue is legal and binding. ...
Robert B. Catell
Catell is a former chairman, president, and CEO of KeySpan Energy Corporation. He led KeySpan to acquire Eastern Enterprises, another energy compan ...
Conditional Listing Application - CLA
Interim step in the listing process in which a firm must file to be publicly traded on the Toronto Stock Exchange (TSX). A company must include its ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
04:00 | Fixed Asset Investment | Apr | |
04:00 | Industrial production | Apr | |
04:00 | Retail Sales | Apr | |
04:00 | Unemployment Rate | Apr | |
04:00 | NBS Press Conference | ||
07:15 | BOJ Governor Haruhiko Kuroda Speaks | ||
08:00 | Wholesale Price Index | Apr | |
08:00 | Prelim Machine Tool Orders | Apr | |
11:00 | European Commission Economic Forecasts |