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The Cinque Terre (Italian pronunciation: ˈtʃiŋkwe ˈtɛrre; Ligurian: Çinque Tære, meaning “Five Lands”) is a string of five fishing villages perched high on the Italian…

Alkaline Earth Metal The alkaline earth metals are the second most reactive family of elements. They are any of the metallic elements belonging to Group…

Ketone bodies are the water-soluble molecules containing the ketone group that is produced by the liver from fatty acids during periods of low food intake…

The term personality has been defined in many ways, but as a psychological concept two main meanings have evolved. The first pertains to the consistent…

Prices of production is a concept in Karl Marx’s critique of political economy, defined as “cost-price + average profit”. A production price can be thought…

Concept of Cash Break-Even Point Break-Even Point tells about the volume of sales needed to cover all operating expenses. This concept is used to model…

Labor Day was first celebrated by local municipalities and states before becoming a national holiday. The first Labor Day was celebrated on Tuesday, 5th September…

An aggregate in economics is a summary measure. It is an economic measurement of the total amount of demand for all finished goods and services…

A wetland is a place where the land is covered by water, either salt, fresh, or somewhere in between. Wetlands are areas of marsh or…

In macroeconomics, the focus is on the demand and supply of all goods and services produced by an economy. In macroeconomics, aggregate demand (AD) or domestic final demand…

The concept of personality has different meanings and in psychology, has been defined in many ways. The study of personalities is as important to psychology…

Firm Offer is a definite offer to buy something at a fixed price. It is a kind of proposal, which is sure to hold firm…