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Opponents of mass immigration are convinced that immigrants play an ominous role in America’s rising health care costs. Advocates say that rising health care costs, influenced by other factors, are harming new immigrants to the United States, as prosperously as U.S. legal residents and citizens.Latest DevelopmentsPresident Bush proposed a plan where by means of illegal [...]

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Newsletters & RSSEmail to a friendSubmit to DiggOpportunity Costs
Baseball Players and Opportunity CostsA Season Later: Baseball Players and Opportunity Costs
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Recessions vs. DepressionsPrice Elasticity of DemandLegalize MarijuanaNominal vs. Real VariablesWhat is the Business Cycle?
From Mike Moffatt,Your Guide to Economics. A. Unlike most costs discussed in economics, an opportunity cost is not always [...]

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The First Welfare Theorem of Economics / The First Theorem of Welfare Economics

     
Definition of The First Welfare Theorem of Economics / The First Theorem of Welfare Economics: The first welfare theorem is the statement that a Walrasian equilibrium is weakly Pareto optimal. Such a theorem is [...]

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New Chocolate Cafe on 5th Ave.A few months ago, construction started on the 8th floor of Saks’ Flagship 5th Avenue locale. Rumblings were that a chocolate cafe complete with a moving sushi belt, a chocolate fountain and crystal chandeliers was moving in. Enter Charbonnel et Walker, the premier chocolatier from London. Charbbonel et Walker Arrives [...]

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What are the best ways to make sure that your restaurant or eatery is child-friendly? How can you be sure to attract adults who want to eat out with kids? This is a lucrative and important part of the restaurant audience, so follow the accommodating list below to move ahead additional customers.
1. Cheerful, Easy-to-Clean DecorThe [...]

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How to Stay Out of TroubleYou’ll have to deal with the Department of Labor, which ensures that you are complying with Federal Minimum Wage Standards and other labor laws regarding the employment of teens, illegal aliens, etc. You’ll force to adjoin the Occupational Safety and Health Adminisration (OSHA) requirements for keeping your workplace safe and [...]

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A. Not really. Very few restaurants generate the millions in revenue needed to produce a good return. The finance and coins issues abutting the restaurant business are stout. It’s a low brink business compared to many other industries including financial services, consulting, cosmetics and fashion. A well-run restaurant makes a 3-5% net profit. Running a [...]

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Newsletters & RSSEmail to a friendSubmit to DiggEconomics Glossary Tools
Economics Glossary – Main PageTerms Beginning With PThe Full Set of Terms
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Economics From A-to-ZEconomics Term Paper HelpWin Money! – Moffatt Prize in Economic Writing
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Legalize MarijuanaRecessions vs. DepressionsPrice Elasticity of DemandWhat is Inflation?Nominal vs. Real Variables
From Econterms
Definition: Principal-agent [...]

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Newsletters & RSSEmail to a friendSubmit to DiggIndifference Curve Links
Indifference Curves – How Do I Use and Understand Them?Constructing Indifference CurvesConstructing Indifference Curves – Part 2
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Constructing Indifference Curves – Part 3Budget Lines and Indifference CurvesBudget Lines and Indifference Curves Part 2
Indifference Curve Resources
Definition of Indifference Curve
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Hasta La Vista, Baby
These goodbye words from Terminator 2 earmarks of to perfectly match Arnold’s career, a splendid tale of “see you agains,” but in odd circumstances. We head saw him as an Austrian immigrant in the 60’s, flexing his muscles for a living and winning the Mr. Universe and the Mr. Olympia titles several [...]

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