What is Marginal Utility? In Economics, there is a study that is made to understand the relationship between the degree of satisfaction of getting one more additional unit of a good or service, and the willingness to pay for it. This degree of satisfaction, this gain...
What is Marginal Analysis? Marginal analysis is the study of the additional economical benefits of doing a specific activity in comparison to the additional costs incurred by that same activity. The world marginal refers to the cost-benefit relationship of one more...
What is Cost-Benefit Analysis? Cost-Benefit Analysis is a technique designed to determine the feasibility of a project or plan by quantifying costs and benefits including external costs and benefits. It essentially compares the costs and benefits of a project and then...
Resource Allocation and Economic Systems On the principle that resources are scarce, the use and production of these involve constraints and trade-offs. You have to allocate your resources in order to produce something that is in line with your objectives, as you have...
What are Factors of Production? There are 4 key resources found in an economy. These are: 1. Land 2. Labour 3. Capital 4. Entrepreneurship Land earns rent and is inelastic which means that it is less responsive to the changes in its price, because of its limited...
What is Comparative Advantage vs Absolute Advantage? Picking up where we left off in regards to the concept of scarcity, where we don’t have enough time and resources to do everything, so we need to make choices. Given that each country has different resources,...
Track-Record: Working as a consultant since 2004 Sold first company in 2015 Joined the insurance sector in 2017
Current Focus and 2022 Objectives: Candidate to the MDRT €2.0M in Life Insurance Applications 104 Golden Visa Applications 208 SIFIDE II - Tax Applications €100M in Industrial/Commercial Real Estate Transactions
