By adding up all the units of a good that consumers are willing to buy at any given price, we can describe a marketdemand curve, which is always sloping downward, like the one shown in the chart below. Each poin
Furthermore, as a company's scope increases, it may have to distribute its goods and services in more dispersed areas. This can increase average costs, resulting in diseconomies of scale. Some efficiencies and inefficiencies are location-specific. If a company has many plants throughout the count...
In forex, it would be just as foolish to buy or sell 1 euro, so they usually come in “lots” of1,000 unitsof currency (micro lot),10,000 units(mini lot), or100,000 units(standard lot) depending on your broker and the type of account you have (more on “lots” later). Margin...
Imagine Trader A has an account with $10,000 cash. They decide to use the 50:1 leverage, which means that they can trade up to $500,000. In the world of forex, this represents fivestandard lots. There are three basic trade sizes in forex: a standard lot (100,000 units of quote c...