IMPLICATIONS OF FINANCE FOR BUSINESS

Finance is one of the most important issues in modern business management. This is because no business can be started or run effectively without...
the concept of finance

THE CONCEPT OF FINANCE

THE MEANING OF FINANCEThe term finance can acquire different meanings at any given point in the time depending On the context of use. As...

THE CURTAINS OF HEAVEN

Too many Christains I’v met are standing in the shadows of that vineyard. Like the disciples, they have discovered that following Jesus has turned...
stories from the vineyard

STORIES FROM THE VINEYARD

Have you ever been with someone very close to you who is about to die, someone who loves you wants to leave with a...
primary production

PRIMARY PRODUCTION

Primary production forms the basis for further production. It refers to the extraction of raw materials from land, air and Sea. Most production in agriculture, Mining,...
direct and indirect production

TYPES OF PRODUCTION

There are two types of production, namely, direct and indirect production. Direct production refers to the type of production that is carried out on a...

MEANING OF PRODUCTION

The ordinary meaning of word “production “ is the creation of  Physical or concrete goods that can be seen and handled. A farmer is said to...

PRODUCTION

Production,to an economist,means any activity that results in the creation of goods and service. Goods and services are produced to satisfy humankind’s unlimited wants....
marginal utility

MARGINAL UTILITY AND PRICE.

The concept of marginal utility indicates the relation between utility and price. In fact, the price of any commodity is governed,on the side of...
marginal and total utility

MARGINAL AND TOTAL UTILITY.

The total utility obtained from consuming a commodity can be distinguished from the marginal utility of consuming one unit more or one unit less...