Tag: units
Backorder Costs
What is 'Backorder Costs' A cost incurred by a business when it is unable to fill an order and must complete it...
Variable Cost Ratio
What is the 'Variable Cost Ratio' The variable cost ratio is an expression of a company's variable production costs as a percentage...
Last In, First Out (LIFO)
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
Law Of 29
What is 'Law Of 29' A belief held by some marketers that on average a prospective customer will not purchase a good...
Law Of Diminishing Marginal Utility
What is the law of diminishing marginal utility
The law of diminishing marginal utility is the principle that as a person consumes more of a...
Learning Curve
What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a...
Economies of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output...
Vacancy Rate
What is the 'Vacancy Rate' The vacancy rate is the percentage of all available units in a rental property, such as a...
Naked Option
What is a naked option
When most people think of options trading, they picture someone buying or selling a call or put option on an...
Initial Public Offerings – IPO
IPO or Initial Public Offering refers to the first stock sale made by a private organization to the public. This move is typically used...