Actual economic profit, which exceeds a normal return, stems from having some monopoly advantage. This could be a prime location, government protection, exclusive rights, or a strong brand. When profits persist, it usually indicates limited competition.
Heat pumps work well even in freezing weather, often cost less than people think, and can save you money over time. Let’s clear up some common myths that might be holding you back from making the switch.
Abstract Under capitalism, scarcity equals profit. Powerful companies use government to manufacture shortages, blocking competition to keep prices high and wages low. Why are medicines that people need to survive so expensive? Why don't more companies start selling them for less? And why is food so costly? A
Learn to challenge post hoc reasoning, appeal to ignorance, and bandwagon arguments. This will help you become a better critical thinker.
Spot hasty generalizations, red herrings, and circular reasoning. This helps you stay sharp in arguments and debates.
Master slippery slope arguments, appeals to authority, and emotional manipulation. These skills will boost your critical thinking.
Learn to spot and defeat three common logical fallacies - ad hominem attacks, straw man arguments, and false dilemmas.
Everything is made of quantum particles, but they constantly interact with the world. This process, called decoherence, hides their weirdness and makes things like cars and basketballs behave in a predictable way.
Learn what call options are and how they function in the stock market. This straightforward guide explains how to buy call options, when to use them, and key points to remember before you begin trading.
A put option is a safety net for your stocks. It lets you sell at a set price, protecting you from a fall or even letting you profit from it.
Transistors work because of quantum effects like tunneling and energy levels.
How interest rates shape unemployment, worker power, and job security, and why Fed policy decisions affect families far beyond the banking system.