What is opportunity cost? Opportunity cost is simply the value of the alternative foregone. It represents the ability for an individual, investors, or businesses from the alternative they miss out on while trying to choose one over the other. Opportunity cost is a major concept in Economics. When economists use the word …
Irish stew is an easy stew recipe made with lamb or mutton and some vegetables such as russet potatoes (or as some people do call them, Irish potatoes) and carrots; another name for Irish stew is stobhach gaelach – in Irish or it is simply called Guinness stew. Traditional Irish stew recipe …
What are Coral reefs? Coral reefs are large underwater ecosystems in ecology formed by reef-building corals. It is composed of the calcareous exoskeletons of corals. The Coral Reef is formed of colonies of coral polyps bind together by limestone (calcium carbonate). Most of the coral reefs are built from stony corals that …
For a long, the idea of wearing a person wearing a birthstone that corresponds to a birth month had always been appealing. These birthstones are gemstones worn to denote the month of a person’s birth. While some select their stones based on the calendar month of birth, some of the stones could …
Corporation in Business A corporation in business (corporate business) is a legal entity which individuals, stockholders, or shareholders established with the purpose of making a profit. It is a single entity that may comprise individuals or a company but it is a separate legal entity from its owners. Corporations are allowed to …
WHO ARE CIVIL RIGHTS ACTIVISTS? Civil rights are the rights of people to social and political equality. Civil rights activists are leaders of movements especially political movements rooting for the rights of people and equality for everyone especially those in minority groups. Civil rights activists can also be called civil rights leaders. …
What are Corals? Corals are animals or marine invertebrates of the phylum Cnidaria within the class Anthozoa. They are the important reef builders that secrete limestone (calcium carbonate) to form a hard skeleton and inhabit tropical oceans. Corals form compact colonies of genetically identical sac-like animals called polyps. Almost all corals are …
What is an LLC (limited liability company)? A limited liability company (LLC) is a business formation that offers limited liability protection and pass-through taxation. Like corporations, it has a separate legal entity from its owners. This means that the owners are not personally responsible for the debts and liabilities of the business. …