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Tip of the Day Make Your Own Meals

Make Your Own Meals - We all enjoy going out for dinner, but when it becomes a habit due to a busy schedule or kid's desires, it can become extremely...

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Intrastate Commerce

Intrastate Commerce – Intrastate commerce is the transportation, purchase, and selling of goods and service within one state.  With the economy in a slump in 2009, many states are offering incentives to companies and consumers who buy and sell locally.  Community service announcements and billboards are very prevalent in depressed areas of the country.  These advertisements heavily promote buying, selling, hiring, and using services and products within your own community or state.  States benefit economically when dollars stay within their own borders, by collecting sales taxes, business taxes, payroll taxes among other fees, taxes and licensing.

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Definition of the Day Increasing returns to scale

Increasing returns to scale – An increased return to scale occurs when production is greater than the past due well-organized operational practices, and when the cost per element of assembly is reduced.  Increasing returns to scale is otherwise known as economies of scale or decreasing costs.  This term is best...

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