Posts Tagged ‘business’
Thursday, December 10th, 2009
How to Join Tables and Charts
Description
A detailed tutorial on how to join tables and charts. Step by step tutorial including several examples on how to join tables and charts for reference.
Overview
A table, also referred to as a chart, is a way to record certain information so you can match it up quickly. They are very useful and are used in business all the time. It is possible to join certain tables. Provided that the tables share at least one common element, it is possible to combine them to form a new chart. Typically when you join tables you will either increase your columns and decrease your rows, or increase your rows and decrease your columns, depending on what way your graph is oriented and what elements are the same. Sometimes rows or columns may remain the same, but if both remain the same, then that means there is no join – it means you have the same exact chart.
Tags: algebra, business, chart, column, combine, common, decrease, element, graph, increase, information, join, record, row, table
Posted in Algebra | No Comments »
Thursday, November 19th, 2009
Overview of Revenue, Cost, and Product Functions
Description
A detailed tutorial on revenue, cost, and product functions. Step by step tutorial including several examples of revenue, cost, and product functions for reference.
Overview
The revenue, cost, and product functions are parts of economics and business math. The cost function is how much something costs, and it can be expressed as C(q) = 100 + 2q. The revenue function is how much money you get from selling what you bought, and it can be expressed as R(q) = 2.5q. The profit function is how much money was actually made, and it is the revenue function minus the cost function.
Tags: algebra, business, cost, economics, function, gained, lost, Math, money, product, revenue, subtraction
Posted in Algebra | No Comments »
Tuesday, November 17th, 2009
Overview of the Break-Even Point
Description
A detailed tutorial on the break-even point. Step by step tutorial including several examples of the break-even point for reference.
Overview
The break-even point is used very often in business math and accounting, and first appears in basic algebra classes. The break-even point is where the cost of something equals the revenue. In other words, the break-even point is where there is no profit lost or gained on a transaction. Most businesses aim to get above the break-even point, although they will at least aim for it so they do not fall below it.
Tags: accounting, algebra, break, break-even, business, cost, equals, even, fixed, function, gained, lost, point, price, profit, revenue, variable
Posted in Algebra | No Comments »
