What Is an Adverse Credit History?

An adverse credit history is a record of late or missed payments, defaults, bankruptcies, or other financial problems. It can make it difficult to get approved for loans, credit cards, and other forms of credit. Lenders may also charge higher interest rates and fees for borrowers with an adverse credit history. What is the lowest … Read more

Menu Costs Definition.

The menu cost is the total cost that a company incurs to change its prices. This cost includes the cost of materials, labor, and other resources required to make the change. It also includes the cost of lost sales and any other costs associated with the change. The menu cost is an important concept in … Read more

What is a free rider?

Free rider is an English expression used in economía, and comes to refer to those consumers of indivisible goods or services, especially public and who benefit from them without paying contraprestación any. In Spanish, it is also called the “stowaway problem”. In other words, this problem arises as when a person (stowaway) tries to receive … Read more