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Daniel Dollinger CPA, CFP®

Certified Public Accountant and Certified Financial Planner Professional

Daniel Dollinger CPA, CFP®
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Home→Blog→Published 2016 → October

Monthly Archives: October 2016

What is Specialization of Labor?

Posted on October 31, 2016 by Daniel DollingerMay 2, 2017
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In Short As I mentioned in an earlier post, people should focus on what they are best at, and buy/trade for everything else they need. Specialization increases productive capacity and the total sum of knowledge of a community. Example 1 … Continue reading →

Posted in Definitions, Economics, Economy | Tagged Definition, Economics, Economy | Leave a reply

What are Compensating Differentials (The Cost of Comfort)?

Posted on October 24, 2016 by Daniel DollingerOctober 24, 2016
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In Short Compensating Differentials are a fancy way of saying that people are not willing to do horrible jobs unless they are paid more. Wages vs. Comfort If we take 2 jobs that require equal skill, on average the total … Continue reading →

Posted in Definitions, Economics, Investment Management | Tagged Definition, Economics, Investment Management | Leave a reply

Competitive vs Monopolistic Markets

Posted on October 17, 2016 by Daniel DollingerMay 2, 2017
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In Short A competitive market has many companies within it, with the price charged equal to the marginal cost. A monopolistic market has one company in it, with the price above its marginal cost. Competitive Market The whole idea of … Continue reading →

Posted in Definitions, Economics | Tagged Definition, Economics | Leave a reply

What is a Externality?

Posted on October 10, 2016 by Daniel DollingerMay 2, 2017
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In Short Within every market transaction there are buyers (demanders) and sellers (suppliers). Also, there are bystanders who are affected by the transaction that are not part of it. The effects on these bystanders are externalities. The costs and benefits … Continue reading →

Posted in Definitions, Economics | Tagged Definition, Economics | Leave a reply

What is Elasticity?

Posted on October 7, 2016 by Daniel DollingerMay 2, 2017
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In Short Elasticity is how behavior in a market changes in response to a change in price. A demand curve can be described as elastic or inelastic. A supply curve can be described as elastic or inelastic. See post on … Continue reading →

Posted in Definitions, Economics | Tagged Definition, Economics | Leave a reply

Investment Newsletter for the end of September, 2016

Posted on October 5, 2016 by Daniel DollingerMay 2, 2017
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Last month, I wrote about how the Dow was down and almost every portfolio was up. I made the point that the Dow Jones Industrial Average is not the market. It is quick and easy sample to look at and … Continue reading →

Posted in Newsletter, Portfolio Management | Tagged newsletter, Portfolio Management | Leave a reply

What is Economic Equilibrium?

Posted on October 3, 2016 by Daniel DollingerMay 2, 2017
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Introduction Previously I talked about supply and demand. In short, supply is how much of a good is being offered on the market. Demand is how many people want to buy that good. Equilibrium will tell you in a market … Continue reading →

Posted in Definitions, Economics | Tagged Definition, Economics | Leave a reply

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