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Decisions within a budget constraintKey points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits and...0 Comments 0 Shares 5K Views 0 Reviews
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Decisions within a budget constraintKey points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits and...0 Comments 0 Shares 5K Views 0 Reviews
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Examples of guerrilla marketing – promotion through creativity in advertising with a small budgetMany have heard of the term guerrilla marketing, but few have really resorted to it, and it is an excellent, inexpensive and creative tool for promotion. Guerrilla marketing is original, as can be understood from the name. As partisans arrange sabotage, so do guerrilla marketers come up with a creative bomb. The main thing is not memorized marketing and promotion methods, but creativity and...0 Comments 0 Shares 5K Views 0 Reviews
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How to Attract Customers Without an Advertising Budget: 6 Promotion OptionsYou can tell potential customers about your product without a huge advertising budget. Entrepreneurs use affordable, but perhaps not entirely obvious promotion options for this - for example, they post information about themselves on review sites or in geoservices, agree on cooperation with other enterprises that already have the right audience.We have collected free or almost free promotion...0 Comments 0 Shares 7K Views 0 Reviews
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How to budget properlySaving money can be a straightforward process if you approach it with some planning and discipline. Here are some effective strategies: 1. Create a BudgetTrack your income and expenses to see where your money goes.Set spending limits for different categories (e.g., groceries, entertainment).2. Set Savings GoalsIdentify short-term and long-term goals (e.g., emergency fund, vacation,...0 Comments 0 Shares 4K Views 0 Reviews
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How to make a budget for yourselfWhat will you learn? What is budgeting? What budgeting methods exist How to determine the most appropriate budgeting method The final and no less important tool of financial planning is budgeting. By budget, in our case, we understand a financial planning tool with which you can structure finances and draw up a final...0 Comments 0 Shares 16K Views 0 Reviews
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Using a person's budget to understand the balance of paymentsTo get a better understanding of the balance of payments accounts, let’s think of a single person’s sources of funds and uses of funds. We can summarize Harry’s budget for this month as shown in the table below: Source of funds or use of funds Amount Income earned from selling copies of his book “Talking to snakes for fun and profit”...0 Comments 0 Shares 5K Views 0 Reviews
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Using a person's budget to understand the balance of paymentsTo get a better understanding of the balance of payments accounts, let’s think of a single person’s sources of funds and uses of funds. We can summarize Harry’s budget for this month as shown in the table below: Source of funds or use of funds Amount Income earned from selling copies of his book “Talking to snakes for fun and profit”...0 Comments 0 Shares 5K Views 0 Reviews
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Navigating the Palette: A Guide to Shopping for Visual ArtsNavigating the Palette: A Guide to Shopping for Visual Arts Introduction:In the realm of visual arts, shopping for artwork can be an exhilarating journey filled with creativity, expression, and discovery. Whether you're a seasoned collector or a novice enthusiast, navigating the diverse landscape of artistic creations can sometimes feel daunting. However, armed with a few key insights and...0 Comments 0 Shares 16K Views 0 Reviews
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Parents' expenses for the education of a child in Austria exceed €2000 per yearForesight conducted a panel study of 2,500 parents of nearly 4,000 schoolchildren and college students to find out how much it costs Austrian families to educate their children. All respondents kept diaries throughout the year, in which they recorded all expenses directly or indirectly related to education: for stationery, textbooks, computers, school and sports uniforms, extracurricular...0 Comments 0 Shares 5K Views 0 Reviews
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Rocky. (1976)A small-time Philadelphia boxer gets a supremely rare chance to fight the world heavyweight champion in a bout in which he strives to go the distance for his self-respect. My Link0 Comments 0 Shares 15K Views 0 Reviews
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