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Market Situation
Accounting
100
When market is dominated by few big Companies not allowing new competition
What is Oligopol
100
It shows Companies debit and credit in the end of an accounting year
What is Balance
200
An economic principle that describes a consumer"s Desire and willingess to pay a Price for a specific good or service.
What is demand?
200
To determine minimum output that must be exceeded in order to make profit
What is Break - Even
300
A change of the relationship between demand of a particular good and and its price
What is Price Elasticity
300
what is big and round and says bang when you poke it
What is baloon
400
A market in which each of the products traded are more or less the same.
What is Homogenous market
400
A reduction in the value of an asset over time, due in particular Wear and tear
What is Depreciation
500
Who is dead, but still alive
Who is Elvis
500
The rules of accounting for anual report
What is IFRS