Variable cost divided by the number of units produced.
Corporation
The dominant form of business organization in modern capitalist economies. A corporation is a firm owned by individuals or other corporations. It has the same rights to buy, sell, and make contracts as a person would have. It is legally separate from those who own it and has limited liability.
Consumer Surplus
The difference between the amount that a consumer would be willing to pay for a commodity and the amount actually paid. this difference arises because the marginal utilities of all but the last unit exceed the price. Under certain conditions, the money value of the consumer surplus can be measured as the area under the demand curve but above the price line.
Conglomerate
A large corporation producing and selling a variety of unrelated goods e.g., some cigarette companies have expanded into such unrelated areas as liquor, car rental, and movie production.
Concentration ratio
The percentage of an industry's total output accounted for by the largest firms. A typical measure is the four-firm concentration ratio, which is the fraction of output accounted for by the four largest firms.
Complements
Two goods which go together in the eyes of consumers example will be a right shoe and a left shoe. Goods are substitutes when they compete with each other as do gloves and mittens.
Competition equilibrium
The balancing of supply and demand in a market or economy characterized by perfect competition. Because perfectly competitive sellers and buyers individually have no power to influence the market, price will mover to the point at which it equals both marginal cost and marginal utility.
Competition, imperfect
Friday, July 23, 2010Term applied to markets in which perfect competition does not hold because at least one seller or buyer is large enough to affect the market price and therefore causes a downward slopping demand or supply curve. Imperfect competition refers to any kind or market imperfection pure monopoly, oligopoly, or monopolistic competition.
Compensating differentials
Differences in wages rates among jobs that serves to offset or compensate for the non monetary differences of the job. For example, unpleasant jobs that require isolation for many months in Alaska pay wages much higher than those for similar jobs nearer to civilization.
Comparative advantage
In international trade. The law of comparative advantages says that a nation should specialize in producing and exporting those commodities which it can produce at relatively lower cost and that it should import those goods for which it is a relative high cost producer. Thus it is a comparative advantage, not an absolute advantage, that should dictate trade patterns.
Command economy
A mode of economic organization in which the key economic functions what how and for whom are principally determined by government directive. Sometimes called a centrally planned economy.
3 Steps to lead a debt-free life
By Maria Smith
Are you knee-deep in debt? Are your debt accounts being turned down to collection agencies? Are you getting warning notices from your creditors? If the answer to all these questions is yes, then perhaps you must be looking for some options that can help you get rid of debt. There are many ways to http://www.
1. Enroll yourself in a debt consolidation program
The best way to get rid of debt is to enroll in a debt consolidation program. In a debt consolidation program, your debt consultant will negotiate with your creditors and attempt to lower the interest rates on your credit card debts. Lower interest rate will reduce the monthly payments and thereby make it easier for you to repay your debts. The biggest benefit of paying off debts through a debt consolidation program is that you have to make a single monthly payment. Instead of writing multiple checks to multiple creditors, you just have to make a single monthly payment to the debt consolidation company. Pay off debts with the help of a debt consolidation program to help you clear debt.
2. Take help of a Debt Management Program (DMP)
Debt Management Program (DMP) is almost similar to a debt consolidation program. Here also, if you sign up with a debt management plan, then you can reap the benefits of lower interest rates, low monthly payments and you can get rid of harassing creditor calls. For using the services of a debt management program, you need to make a monthly payment to the debt management company. All your savings will be accumulated in this debt account and your debt consultant will disburse the money to your creditors when needed.
3. Go for a debt settlement
If you have no option left other than filing bankruptcy, then you may go for a debt settlement. While you go for settling your debts, your debt negotiator will consult your creditor where he may settle your debts to an amount much less than the actual outstanding amount. The cut off amount may range up to 40-60%. Generally debt settlement affects credit score to a certain extent as the creditor reports the credit bureau as “settled”. Therefore think twice before taking recourse to this option.
So, if you are looking for some easy way to clear debt, then take into account the above mentioned steps and pay off your debts in affordable monthly payments.
Change in demand vs. change in quantity demand
Thursday, July 22, 2010A change in the quantity buyers want to purchase, prompted by any reason other than a change in price (e.g., increase in income, change in tastes), is a change in demand. In graphical terms, it is a shift of the demand curve. If, in contrast the decision to buy more or less is promted by a change in the good's price, then it is a change in quantity demanded, In graphical terms, a change in quantity demanded is a movement along an unchanging demand curve.
Cartel
An organization of independent firms producing similar products that work together to raise prices and restrict output. Cartels are illegal under U.S. antitrust laws.
Oil spill- Bp caps the oil leak
Saturday, July 17, 2010by: funso Oke
It was a good news soon we found out that Bp was able to stop the oil gushing out the the Golf of Mexico, It took almost 3 months to do it but finally Bp got it right, and this is a good news for the presidential office of president Barack Obama. Mr president has been criticized of not putting enough pressure on bp as a result many people questioned his leadership as the head of state. With a nation of many opinions it will be hard for anyone to deal with a situation like this, even a minor home plumbing takes days to deal with but, here bp had a situation of a plumbing gone wrong in a deep Golf of Mexico where the oil drilling was taking place. The implanted pipe and well that was suppose to contain the oil being drilled from beneath the golf busted and it cost the major oil leakage that we have ever seen in a long time. As a result it disrupted many businesses, that has its business source from the Golf of Mexico. Many livestock were affected as well, soon we learned that the new cap placed my bp stopped the leak, it was a great relief to every one, at least we know our shore and beaches are safe from crude poisoning. Bp announced that the newly placed cap will undergo some pressure test later in the night to ensure that it will work for quite a while, at least the cap was expected to hold the oil pressure till sometimes late august while a relief well is been drilled to collect all the oil. We expect the news to help bp stock price to raise.
How to design your house
Buying a house is one thing, keeping it looking like a home is another side of home making; home making requires proper approach so your home can look the best you want it to look and also for you to enjoy your home. Designing a home could be easy if you have the right tools, funds or if you can do your homework in terms of knowing where to find cheap products that will suit your home.
First look at the outline of the house and try to coordinate the design in terms of the color of the bricks with the color that you will paint the house with this will bring out the best of the futures of the house, unless if you have a specially desired color in mind then go with the color you want. Soon you have decided on what color you want, the next thing is to go with selecting the couch, there are many furniture outlets out there, before you visit the stores first look online to see what will best fit your new house and your budget then proceed with visiting the store, this plan will eliminate the chance of you getting in the hands of stores that just want to sell you anything that may end up not being what you will like very much. After you have picked the furniture the go ahead and just use same approach to pick other stuffs you will like to put in your house.
BP damage Claim
Sunday, July 11, 2010Bp has set aside 20 billion dollars to settle any claims due to damages caused by the oil leak, with millions of business that are affected, many fisher men, lobster fishing farmers, cruise boats etc, many of these businesses are loosing thousands of money daily when they are not operating, they have equipment rent expenses, they are purchased goods are rendered useless, no income to pay employees, loss of jobs etc. Will the 20 billion compensation funds be enough to cover all damage expenses? last report about the business affected on cnbc news station has reported that many of these businesses that filled claims are not satisfied as Bp was unable to grant them enough funds to cover the debt they have acquired.
World Cup Final
Today July 11 2010 is the last day of the Fifa world cup match in south Africa. 32 teams started the competition only two teams left to meet today for the chance to be the world cup champion. The world cup competition is a soccer competition that takes place every 4 years, this year's event is very memorable and historic, it is the first time that an African country is hosting the world cup main event, many thought Africa will not be able to do it because they are under developed in terms of economic situation. The success of the hosting by South African has shown that Africa does deserve the chance to host the world cup, they have performed well in the organization of the event, the security forces are very great at the event, the stadiums looked very great you will not believe that Africa is one of the poorest continent in the world. Today's final match is between Netherlands and Spain, both countries are new comers to the final world cup, and it will be the first time for either to win the world cup.
The famous octopus prediction that has rocked the event is been the news sensation lately, the octopus predicted 100% so far on who will win the matches, today's prediction of the Paul the octopus was that Spain will win over Holland. Again we will wait to see if Paul the octopus will be correct again.
what team did Lebron James pick- Lebron James Picked Maimi heats
Thursday, July 8, 2010
It all unfold today as the whole NBA and basketball fans waited to see where lebron will go. Today on ESPN live broadcast King Lebron James named the team he will play with. Lebron James came in to the NBA and he signed five year deal which will allow him to be a free agent in the summer 2010. Many teams have tried to recruit Lebron James, James is the best player in the NBA currently when he was in High school he did a lot of great thing and he will like to continue to do that. Like James said during the interview that one thing you cant control one's destiny and he always like to complete and has no doubt. And lebron James picked Miami heats. Lebron James picked Maimi Heats.
Stock Rally today
Wednesday, July 7, 2010
The stock market saw a lot of green today, with the NASDAQ and the Dow Jones seeing a lot of greens, it seem that the investors are now trusting the market, a the growth in the market today showed that investors are not doing a lot of selling. We have some strong market movers today the food industries, metal and electric companies, the financial firms and the airliners all gained points today.
Since the Dow is having its best days in weeks with over 2.8 percent higher today, should the market be worried because as we all are familiar with the market do fluctuate up and down. We hope the market is very much guided so that we may continue to see more green.
Spain 1 vs Germany 0
Soon the semi final soccer game kicked off at 1: 30 Eastern time today, it was sure who the winning side may be, as the Spain possessed the ball in most of the game, they made the German machine look like they are an inexperienced team, if not that Spain missed a lot of chances to score, the game would have been a blown out but as we all expected, the best side came up with the win, puyol scored for Spain at the 73 minutes and Spain took the win and they will face Netherlands in the World Cup finals On Sunday.
Soccer and Government
If soccer has it's own governing body then why should the president of any country interfere? this was the case with the Nigeria national soccer team. The president of Nigeria President Goodluck Jonathan suspended the Nigeria soccer team from participating in any international matches for two years because they failed to advance in the fifa world cup competition in South Africa. If you see this as a dictatorship governing, you are right, Only in Nigeria will such ridiculous thing has been happening, where any person in the positing of authority is just so hungry to give orders with little chance to understand what exactly is going on. Since the FIFA intervened the president has reversed his other to lift the ban, Imagine if fifa kept quite? how long will we watch some nations continue to do things in the wrong way by suppressing those that has no power with their power ?
BP Rally despite Oil leak problem
by Funso Oke
BP added to rally today despite all the oil leak problem, the market show BP saw some green today. A lot of people has thought of BP to be close to filling bankruptcy, as the country awaits and expect the oil company to be paying out a lot of funds in lawsuits and claims. It seem it hasn't affected the company that much, is it that they have some funds in other company that they are using to cover up for the loses? We all don't know, but we know that BP has one of the smartest CEO in the world and we are sure that he is not going to just watch the company go down under his care, so we will guess that BP has money somewhere in crude oil company or other well publicly traded company that will be making BP money for now.
concentration ratio
Tuesday, July 6, 2010Concentration ratio is the percentage of the industry's total output accounted for by the largest firm.
Why is Your Credit Rating Bad? - Little Known Reasons
By Laura Wolf
It is your responsibility to maintain a appealing credit report and enjoy almost all the advantages of low APR credit and the best credit card offers, but what if you don't even distinguish that you have a bad credit rating? The difference between folks using appealing credit score and bad one is plenty of times only that the at the first instance group regularly checks their credit record.
1. Your partner's credit score affects yours as well. anybody you are living using and has bad credit might affect your credit rating. To retrieve out increasing number of about this aspect refer to the credit help agencies.
2. Lack of credit report. You might be surprised if you have no credit at all, you can still get declined a finance basically because the agency doesn't even trust you, they don't have experience with you handling your credit. It is always useful to use a little credit or interest without receiving any payment overdraft and profits it off in time to make up your credit score.
3. Moving home, or with no chance to being traceable i.e. no bills on your name, not being registered on the voters' role.
4. Defaults in your existing credit. There might be false or misleading information in your credit file, and sometimes agencies have to update the records manually. For example you had some interested incorrect invoice from a company, and you got into a dispute. You were right, they agreed, but the default still makes your credit score bad. Or in a kind of cases lenders fail to details a cleared debt in time, and it could still appear on your credit details.
5. Being end to your credit limit always. If you don't exceed your overdraft or credit card limit, but you are increasing number of than 75% into it most of the time, that might be an aspect that could reduce your credit score. Lenders choose to look into your "reserves" as well, listening to how much credit is available for you at the moment in case you had difficulties paying your new credit.
6. Being self employed does not even tool. Especially if you just started a new business with using no previous history, you might be at risk that your credit score is poor. Self employed many users are actually a risk for companies, as they could go out of the business any time.
7. Shopping around for credit: It is OK to obtain several quotes from lenders, but if you do submit the application online for example (they have to give you a disclosure that they are conducting a credit check) it has to count towards your credit score. Now, I have seen many many of us ruining their credit rating by submitting multiple credit applications, with no chance to knowing that a couple of applications within a short period of time will be expected to make their credit so bad that they lose all the chances to obtain a loan or a new credit card. Be careful with your applications, and all the time look for the small print, if some offer comes through the post if they will be expected to automatically check your credit report or with no chance to.
8. You could have savings but never many many people distinguish that lenders choose to without be able to meet them. As they are without credit products, they will without get included in your report, therefore if you apply for a ten thousand pound loan and have eleven thousand in savings, you can be proven to be still get declined, but I advise you to contact the lender with the details, they could look into your query.
9. Mobile phone contracts, car insurance. You could with no chance to think that these are credits, and you are OK to miss one or two payments, but it is with no chance to the truth. Unless you are paying yearly for the car insurance, it does include an interest, therefore it is credit.
10. You could have a comprehensible credit score but can be proven to be still get declined credit. How is that? Basically lenders will spot your disposable income, and if they spot that the payments on your extra credit might cause difficulties, they can be proven to be still refuse credit.
I advise you to retrieve out if any of the above affairs apply to you by obtaining a for free credit history. It has to not only help you retrieve your credit rating but you might prove potential fraudulent activity on your accounts as well.
Solvemybadcredit is a finance blog that helps people who are currently struggling with bad credit and financial problems. More articles: http://www.solvemybadcredit.co.uk. Article Source: http://EzineArticles.com/?expert=Laura_Wolf |
Understanding HMO and PPO Health Insurance Policies
Many people frown upon these types of policies; however there are many good reasons to choose an HMO or PPO for your health insurance needs. The number one reason is the price as these policies tend to be much less expensive when compared to other health insurance policies.
An HMO or Health Maintenance Organization is a group that includes its own physicians. They don't limit the number of visits or the amount of coverage you have. You can go to the doctor any time you need to for any reason. You choose a primary health care provider. This is your choice; however there are only a limited number of providers in your area to choose from. Your primary care physician will see you for everything and when necessary they will make a decision to refer you out to a specialist. Some people feel that this is controlling however the coverage takes care of everything you need as long as you are referred by your primary doctor.
A PPO is a Preferred Provider Organization and they offer very similar benefits to an HMO with one big exception. Although you choose a primary care physician you can at any time go to see the doctor of your choice however the insurance will only pay these medical expenses at a reduced rate. In essence they reward you for seeing their doctors and penalize you for using the doctor of your choice, however many people like the fact that they can still see a doctor of their choosing at any time. PPO plans tend to be a little more expensive then HMO's because of this choice option.
Over the years many people have received very good quality care from both HMO and PPO plans. They are an effective way to keep your family insured through leaner times and still allow you to get the medical assistance you need anytime you need it.
Living without insurance can be very costly and therefore if you find that you are running out of options for health insurance you may just want to consider plans like those listed above. They can offer you the routine medical care you need without paying a lot of money out of your pocket for doctors visits.
Insurance is something that you have to learn a ton about and shop around looking Health insurance quotesbefore making a final choice on a plan. If you are looking for individual health insurance or student, there is something for all of you. Article Source: http://EzineArticles.com/?expert=Ethan_R._Kalvin |
Internet Marketing - 7 Tips For Wannabee Internet Article Marketers
Article marketing is a free and relatively easy method of online promotion so it is no wonder lots of online businesses use it. However many offline and some online business are yet to get started marketing using articles.
If you are considering article marketing to promote your online or offline business then this article is for you.
Here are a few things to consider before you give article writing a go.
1. Are you going to write the articles yourself? Do you have the time in your busy schedule?
Article writing is a skill you need to master and it can take time to learn how to write good articles. Bear in mind that there are plenty of freelance article writers available that can write you some decent articles very cheaply.
2. Are you going to use article marketing to get more traffic to your website or for some other reason? Maybe you just want your main website to rank higher and to use articles for search engine optimization or to get more back links.
3. To get people to read your articles you must be able to write about interesting stuff and not the same old boring stuff. You need to take ideas and write about them in a different refreshing manner. Remember the more interesting you can make your articles the more people are likely to read them.
4. Finding good titles for articles is not always easy and I seem to think of them at odd moments. Keep a pencil and paper beside your bed at night to write them down before you forget them. Create a file on your desktop called "headlines" and add any titles as you think of them to it so that you can use them for future articles.
5. Submitting to lots of directories is time consuming and it is better just to concentrate on the top dozen or so high ranking directories instead. It will take you less time and you will not get that much exposure by submitting to hundreds of directories.
6. Create yourself a simple spreadsheet so that you have a strategy for submitting to directories and book marking your articles. You can also use a submission service but as a beginner I suggest manually submitting articles so that you know what is required. You will then know if your submission service, if you decide to use one later, is doing it's job well for you.
7. Consider creating some free Web 2.0 sites such as Squidoo, HubPages, Yola, live journal to name a few, to get more exposure to your articles and website. The more people see your articles the more they will begin to see you as an expert in your niche.
These are a few of the many tips you will learn as an article marketer. If done well article marketing can be a great way to promote your online or offline business. Think of the search engine results as the yellow pages of the internet and the way of the future as more and more people turn to the internet for advice and to solve their problems. For more information http://www.superteammarketing.com. Article Source: http://EzineArticles.com/?expert=Kerrie_Sheehan |
Bad Credit Cash Loan - Money, Fast, Now
By Josh Morris
A bad credit cash loan may be a good way to go for someone who is trying to get a loan but has been getting denied by the banks due to a poor credit history. Believe it or not, you are not the only one that is in this situation, and that is why these types of loan actually exist; they are coming from banks who are willing to give a break to people who haven't had the best luck with their credit.
The truth is that not everyone has a poor credit score due to them purposely not paying their bills on time. A lot of people just go through hard times, and it is unfortunate that the banks are so unreasonable sometimes about giving people much needed money.
The bad credit cash loan is great for people who need money now. The banks that issue them do not run your credit when making a decision on your loan, so you do not have to worry about taking another hit to your credit just to simply find out whether or not you are even approved or not. This makes a great way for people to get back on the right track with getting their credit score back to where it needs to be, and a lot of people get a full recovery on their credit through these.
If you need money now, this is a very good step to take, as the banks will almost always accept you, and you are given many different options to choose from when making your own decision.
Need money but have poor credit? Do you avoid applying for loans for fear of being denied? You can get abad credit loan to solve your money needs. Go to http://www.nocreditcheckloanonline.com and find out how to access a complete list of bad credit lenders. You may be able to get the money you need right away! Article Source: http://EzineArticles.com/?expert=Josh_Morris |
Reason to invest
Sunday, July 4, 2010by Funso Oke
It is all in a state of mind, Investing isn't a behavior or just a way of life, investing is meant to be in a state of mind, this is the key term that separate the money makers investors and the pretender investors. Yes many are interested in investing and many seek knowledge about stock, mutual funds, edge funds, real estates and options stocks but only few actually follow though to invest. The focus here is how many people actually follow up with the knowledge they gain from leaning to invest? Those that did took the initiative to risk their time and money or even their entire savings on investments are those that have the guts to make something happen. As an editor I have seen many that seek information about investing but they never really take the advantage of the information that they posses as a result they are unable to make things work. To invest and see result means to take the step to practice it, those that don't will never have the chance to taste the joy of investing and the extra funds that they can earn from investing.
Credit Debt Help - How to Secure a Legitimate Credit Card Debt Relief Program
Credit cards are very easy to get and to use. Everybody owns several credit cards and use them quite frequently. And why not? It is very easy to get a credit card; you just have to go to the company and fill out a form, sign the contract and come back in a week to pick it up. The problem is not getting a credit card or using in it, the problem is paying back the amount you spent during the month. Most consumers don't even read the contract, but here are specified the internet rates and the penalties that will make a simple loan turn into deep debt. These high interest rates are the reason why so many people are in debt and can't seem to afford to pay it back.
Credit help comes from different direction but not all of them are as helpful as they say. The creditors will try to make you pay the minimum amount each month until you pay off your debt. This is affordable and easy because you pay a fix amount each month that represent just a fraction of your income. Seeing as the payments don't increase, the only thing left is the period, and this will reach decades. Time by which you will pay ten times the amount you borrowed in interest alone. So, this is not a good option and nor is bankruptcy.
The best place to turn when you have credit card debt is debt settlement. You can find legitimate debt relief help with the help of the internet but always be aware of the fake companies that are operating here as well. Never give money in advance or crucial information about your credit card like number or PIN code. To make sure that a company is legit you can check its previous transactions and financial state. This is information available to the general public; you can also see if the company is registered within the Chamber Of Commerce to make sure it is not fake.
Never pay a company before you know it is legit and will provide help. Debt settlement companies don't ask for a large amount of money in advance.
Debt settlement is a legitimate alternative to filing bankruptcy and often makes sense for consumers on the verge of bankruptcy. There are also other debt relief options available so it would be wise to speak with a debt relief specialist to go over your different options. For a free consultation from a debt relief specialist in your area check out the following link: Free Debt Advice. Article Source: http://EzineArticles.com/?expert=Lindsey_Engram |
Debt Counseling Services - Finding Popular and Flexible Options For Achieving Debt-Freedom
If you need to provide your family with a safe and free of debt future, you need to come up with a strategy to clear your debt. How can you decide which strategy is better for your financial situation by your own? You will definitely need to consult an expert before making any decision. You can choose a credit counseling service to make sure that you get the best advice for your kind of debt. Finding debt counseling services can be pretty easy if you know where to look for reliable sources. A good start would be on debt relief forums, people there will be happy to tell you about their experience with credit counseling and the debt counseling companies that they hired.
The good thing about credit counseling is the fact that the whole process is centered on you; you will obtain a personalized debt relief program that will help you get rid of your debt. No matter what type of debt you have and what sum of money you own, you can still opt for debt counseling. Unlike other programs, credit counseling doesn't come with requirements that need to be meet before opting for it; it's a good option for everybody. Actually you can opt for counseling services even if you don't have a lot of debt, but you want to learn a bit about managing your financials.
Between so many relief programs available, debt counseling is overlook. Unfortunately for the people who overlook it, the program is very good and it can really teach you about managing your debt and planning your financials in a very efficient way. The fees for credit counseling services are not as big as for other debt relief methods and the great thing is that debt settlement companies usually offer a financial counseling session for free. You can benefit from that before making your decision on how you are going to pay your debt. If you opt for debt counseling it doesn't mean that you cannot opt for another debt relief option, actually the debt counseling agency will take care of your debt through other debt relief methods. Many agencies make big efforts to get their costumers out of debt, so you can be sure that the decision you made was a good one.
Debt settlement is a legitimate alternative to filing bankruptcy and often makes sense for consumers on the verge of bankruptcy. There are also other debt relief options available so it would be wise to speak with a debt relief specialist to go over your different options. For a free consultation from a debt relief specialist in your area check out the following link: Article Source: http://EzineArticles.com/?expert=Lindsey_Engram |
Knowledge is Power in Dealing With Your Mineral Rights Lease
You may have been offered a deal by a company to buy your mineral rights lease for the property you own. What do you do next? There are a number of things you should understand before you agree to any proposal, so the last thing you should do is be impatient, or make too quick of a decision.
Your biggest enemy now is yourself. That means you don't jump on the first proposal that lands on your lap without first familiarizing yourself on the types of leases, federal and county laws and what your property holds (oil or gas, gold, copper, silver, etc.). The common mistake landowners make is sell their mineral rights all together, only to find out later that they can actually deal each of their minerals separately to different companies. Splitting up the mineral rights separately and with different companies can pay a much higher yield.
If we were to make an analogy, think of your mineral rights lease as a tree, and you can sell the fruits to a food processor, the wood to a lumber company, and maybe the leaves to a herbal manufacturer. In the same manner, you can deal your oil to an oil company and your gas to a gas company. There can also be the problem of ownership: some landowners only find out later after they were contacted that they only own the surface rights and not the minerals below it.
In your eagerness to make money, you may have hired a lawyer right away which could be another mistake. In a perfect world, the lawyer would answer your questions without asking for a fee. Just as there are unscrupulous speculators, there are also greedy lawyers. In a most unfortunate situation, should you chance upon one, you'll be paying him on a retainer without knowing the true value of your mineral rights lease first. In the end, you may find yourself in a mountain of debt with nothing to show for it.
The value of your mineral rights lease varies according to its proximity to the presence of hydrocarbons, because that will determine the production capacity of your mineral rights lease. If it's non-producing but located in an area where there's historical production of oil, gas or other minerals, it will also yield some value but not always as much as you think. The size of your property will also be factored into the total signing bonus, royalty terms and the selling amount. Naturally, the smaller the property the lesser the amount.
Lastly, don't live beyond your means, especially if your mineral rights lease has not yet yielded returns. So, cancel that reservation in a posh hotel for your celebration, or delay the purchase of that car you have been dreaming of. Be sensible. Wait until you have a payout on your mineral rights lease first.
UniRoyalties, Ltd. is the leading source to evaluate your oil and gas lease to maximize your asset withdrawal. UniRoyalties, Ltd specializes in fast evaluation and processing of your oil and gas investments lease and provides a complete solution working on behalf of the investor. Protect yourmineral rights lease by getting the best and the most beneficial deal ever which you can positively count on in UniRoyalties. Article Source: http://EzineArticles.com/?expert=Joseph_O._Dubose |
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