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Economic aspects of an activity, country, or person.

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What are the external factors that affect pricing decisions?

External factors that affect pricing decisions include market demand, competition, and economic conditions. Changes in consumer preferences or trends can influence how much customers are willing to pay. Additionally, competitor pricing strategies and the overall economic environment, such as inflation or recession, can significantly impact pricing strategies. Regulatory factors and supply chain costs also play a crucial role in determining prices.


What is endogenous expenditure?

Endogenous expenditure refers to spending that is determined by factors within an economic system, such as income levels, consumer confidence, and production capacity. It contrasts with exogenous expenditure, which is influenced by external factors like government policies or international trade. In macroeconomic models, endogenous expenditure can affect aggregate demand and overall economic activity, as it responds to changes in the economy itself. Understanding endogenous expenditure helps economists analyze how various economic variables interact and influence growth.


Economic event that is not a business transaction?

There is a plethora of "economic events" that are not (necessarily) business transactions. A supervisor taking his/her employees to lunch on his own dime is not a business transaction, but it obviously affects (and is often affected by) the economy. If what you mean by this is to list economic events that are not recorded by the bookkeeping process, then the answer might be a little more specific. Hiring of employees is not recorded on the general ledger. Promoting or giving raises to those employees would not be recorded as such on most general ledgers (although the "salaries payable" column will obviously be affected by such an economic event).


Who has to pay taxes?

If you mean INCOME TAX, with virtually no exceptions,, In the U.S.A., everybody who has income has to report, while payment actually starts, depending on factors like narriage, health, etc, at around12,000. Age, occupation, retired or not,etc are not factors in the determination.


Is accounting business economics?

Accounting and business economics are related but distinct fields. Accounting focuses on the systematic recording, reporting, and analysis of financial transactions, providing a clear picture of a company's financial health. Business economics, on the other hand, applies economic theory and principles to business decision-making, analyzing factors like market conditions and competition. While both disciplines inform business strategies, accounting is primarily concerned with financial data management, whereas business economics emphasizes broader economic factors influencing business operations.

Related Questions

How do you discuss an economic factor?

for an organization economic factors mean factors which affect the organisation policy decision.some factors are controllable & some are uncontrollable


What factors were behind the country's post was economic boom?

Do you mean post war.


What are the example that economic factors linked to non-economic?

examples of non economic factors


What does market economic system mean?

a system indivivisuals own the factors of production and decide how to use them.


What are the factors of production in an economic system?

The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.


What is the meaning of economic factors?

Economic factors are the resources that can influence a person on his/her every day life.


What is mean by term socio-economic issues explain by referring to three example of such issues?

The socio-economic issues are the problems that socioeconomics tackles and the factors that have negative influence on the individuals' economic activity. Such issues are lack of education, crime


What are the change factors in economic change?

what are the factors that can change in an experiment


What has the author Ishrat Zafar Husain written?

Ishrat Zafar Husain has written: 'Mean age at marriage and natality: state and divisional estimates' -- subject(s): Marriage age, Population 'Economic factors in economic growth' -- subject(s): Economic development, Economic history


What does economic factors in communication mean?

Economic factors in communication refer to how financial conditions and resources influence the way information is shared and received. This can include the costs associated with communication technologies, the economic status of the audience, and the availability of funding for communication initiatives. Additionally, economic disparities can affect access to information, shaping public discourse and influencing societal engagement. Overall, these factors play a crucial role in determining the effectiveness and reach of communication strategies.


What three factors contributed to U.S. economic success?

What THREE factors contributed to U.S. economic success?


Social and economic factors of Spain?

Do it