travel – Page 4 – itho's internet resources

Discretionary Expense Definition, Examples, and Budgeting

By Itho April 30, 2010

[ad_1] What Is a Discretionary Expense? A discretionary expense is a non-essential expense. Discretionary expenses are costs without which businesses or households can survive. As such, they are defined as…

Base Pay: Definition as Income, and Comparison to Annual Pay

By Itho May 22, 2008

[ad_1] What Is Base Pay? Base pay is the initial salary paid to an employee, not including any benefits, bonuses, or raises. It is the rate of compensation an…

Understanding External Economies of Scale: Meaning and Industry Impact

By Itho June 6, 2007

[ad_1] In economics, economies of scale dictate that the more units a business produces, the less it costs to produce each unit. External economies of scale describe the same phenomenon,…

Consumer Surplus: Definition, Measurement, and Example

By Itho May 31, 2007

[ad_1] What Is Consumer Surplus? Suppose you're able to get a deal on a smartphone for $500 when, let's face it, you'd have paid $800, given its features. The $300…

What Are Euro Notes and What Are Their Denominations?

By Itho October 12, 2006

[ad_1] What Is the Euro? The euro is the official currency of the European Union (EU), adopted by 19 of its 27 member nations. It is the world's second most…

Blue Book: What it is, How it Works, Effect

By Itho June 8, 2006

[ad_1] What Is a Blue Book? The Blue Book or Kelley Blue Book is a guidebook that compiles and quotes prices for new and used automobiles and other vehicles…