The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

Everyone, from consumers to economists to politicians, is talking about the cost of living. It sounds pretty straightforward, but what does “cost of living” really mean, and can understanding it help ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

For years, the world of search engine optimization has sat in a slightly grey area of marketing—hard to describe, harder to measure and seemingly impossible to put a return on. It doesn’t have to be ...

People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will determine the loan payment formula and how interest is ...

Last month, we discussed how you could get better control of the equipment you own and rent. This month, we’re going a step further by offering up a couple of ways to collect and analyze the data.

It’s still largely unknown how potentially rising tariffs will affect the cost of future smartphones. Will companies like Apple pass on expected rising production costs to consumers, or will they ...