#909 What is a limited company and a shell company?
What is a limited company and a shell company? A limited company is one where the risk is limited to the money the company has. A shell company is a…
What is a limited company and a shell company? A limited company is one where the risk is limited to the money the company has. A shell company is a…
What is the sunk cost fallacy? It is where people are reluctant to abandon a course of action because they have invested a lot of time or money in it,…
What is a black swan event? It is a completely surprising and unpredictable event that has major consequences. It is something that is as rare as a black swan. The…
What is price elasticity of demand? It is a measure of how much demand for a product changes depending on its price. An object’s elasticity is how much it can…
What is the Jevons Paradox? It is that improvements in efficiency of a machine increase the overall consumption of energy by making the machine cheaper and more efficient. The paradox…