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The Break-Even Point. The break-even point (BEP) in economics, business —and specifically cost accounting —is the point at which total cost and total revenue are equal, i.e. "even". In layman's terms, after all costs are paid for there is neither profit nor loss. [ 1][ 2] In economics specifically, the term has a broader definition; even if ...
Sales variance is the difference between actual sales and budgeted sales. [ 1 ] It is used to measure the performance of a sales function, and/or analyze business results to better understand market conditions. There are two reasons actual sales can vary from planned sales: either the volume sold varied from the expected quantity, known as ...
One theory that relates economic growth with quality of life is the "Threshold Hypothesis", which states that economic growth up to a point brings with it an increase in quality of life. But at that point – called the threshold point – further economic growth can bring with it a deterioration in quality of life. [135]
While January was the "Month of the Rising Market," encouraged by political compromises, an improving employment landscape, and strong corporate earnings, February may be the far less illustrious ...
The average total annual sunshine in the United Kingdom is 1339.7 hours, which is just under 30% of the maximum possible. [165] The hours of sunshine vary from 1200 to about 1580 hours per year, and since 1996 the UK has been and still is receiving above the 1981 to 2010 average hours of sunshine. [166]
Financial regulation. Reserve requirements are central bank regulations that set the minimum amount that a commercial bank must hold in liquid assets. This minimum amount, commonly referred to as the commercial bank's reserve, is generally determined by the central bank on the basis of a specified proportion of deposit liabilities of the bank ...
At that point, he viewed radio-frequency identification (RFID) as essential to the Internet of things, [23] which would allow computers to manage all individual things. [ 24 ] [ 25 ] [ 26 ] The main theme of the Internet of things is to embed short-range mobile transceivers in various gadgets and daily necessities to enable new forms of ...
Duration (finance) In finance, the duration of a financial asset that consists of fixed cash flows, such as a bond, is the weighted average of the times until those fixed cash flows are received. When the price of an asset is considered as a function of yield, duration also measures the price sensitivity to yield, the rate of change of price ...