Economics

Do superyachts make money? The vast majority, 90 ? 95% of super yachts that charter, do not earn a profit, what they earn is money to offset expenses. There is simply no way that an owner will be able repay their capital repayments based on charter ? that’s not what the charter business is about””. … Read more

Why is artisan ice cream expensive? “”People won’t pay it if everyone else has got it – you’ve got to have an exclusivity to it. So, in an artisanal store or a restaurant that only has that on its menu, exclusivity means you can charge a price premium,”” he explains. Read more on www.bbc.co.uk Many … Read more

Can gas stations charge whatever they want? Gas prices can vary depending on location ? and convenience.. A: There are about 164,000 gasoline filling stations in the U.S., according to petroleum trade groups, and there is no corporate pricing rule regulating what they charge for a gallon of fuel. Read more on www.wsj.com For those … Read more

What state has the highest minimum wage? 1: Oregon ($12.75) In July 2021, Oregon’s standard minimum wage increased to $12.75. Read more on www.opploans.com California, where the minimum wage is $14 per hour, has the highest minimum wage in the US as of 2021. Washington D.C. follows with a minimum wage of $15 per hour. … Read more

How much does it cost to set up a microbrewery in India? The one-time permit fee for starting a microbrewery is Rs. 2.5 lakhs. The major expenses for you would be for your production cost, as different cities will have different excise duty. If we talk about the brewery, it would cost you about 50 … Read more

Why do charity CEOs make so much? Having to ensure the charity can bring in donations, secure funding and manage its finances correctly is one of the big reasons non-profit CEOs make so much money. The CEO of a non-profit is also finally responsible for ensuring all financial regulations are followed, another reason for their … Read more

What is the average markup on shoes? Shoe Markups: 100-500. Markup is as varied in the footwear industry as sizes and styles. Typical cross-trainers or athletic shoes carry a 100% mark-up, while higher-end fashion shoes at boutique stores can be marked up by as much as 500%. Read more on www.wisebread.com Everybody needs shoes, and … Read more

Why fast food is so cheap? Kids eat smaller portions of meals with fewer ingredients, which means these meals cost the restaurant less. This helps increase profit margins. Therefore, McDonald’s can once again charge cheap prices for these meals and still make money from them. Read more on www.mashed.com Millions of individuals worldwide now eat … Read more

Why is gas so cheap at Costco? How does Costco keep its gas price so low? The answer is simple: they just have very loyal customers. To purchase their gas, you have to be a member, and membership sales make up about 75 percent of the chain’s profit. Read more on www.rd.com The well-known retail … Read more

Resources are what we employ in the production of products and services. They are the ingredients needed to produce something. Natural resources, human resources, capital resources, and entrepreneurship are the four divisions of resources used in economics. The resources that come from nature are known as natural resources. Water, minerals, woods, and wildlife are a … Read more