Posted inEconomics Economic Fluctuation Posted by admin August 19, 2021 β’ The business world in capitalistic economy is said to experience ups and downs in…
Posted inEconomics Production Possibility Curve (PPC) Posted by admin August 19, 2021 In economics, a productionβpossibility curve (PPC), is also called a productionβpossibility frontier (PPF), production-possibility boundary…
Posted inEconomics Marginal Productivity of Capital (MPC) Posted by admin August 19, 2021 β’ The additional physical product obtained due to the employment of one extra unit of…
Posted inEconomics Investment Definition Posted by admin August 19, 2021 Investment has dual aspect. It implies the production of new capital goods like plants and…
Posted inEconomics Difficulties in Estimating National Income Posted by admin August 19, 2021 Conceptual Difficulties: β’ No practicable methods exists for inclusion of some items in National Income…
Posted inEconomics Duopoly Posted by admin August 19, 2021 It is a specific type of oligopoly where only two producers exist in one market.…
Posted inEconomics Oligopoly Posted by admin August 19, 2021 Oligopoly is a market situation in which there are few firms producing either differential goods…
Posted inEconomics Monopolistic Competition Posted by admin August 19, 2021 It is that form of market in which there are large numbers of sellers selling…
Posted inEconomics Imperfect Competition Posted by admin August 19, 2021 Imperfectly competitive markets may be classified as: Γ Monopoly, Γ Monopolistic Competition, Γ Oligopoly and Γ Duopoly Monopoly Monopoly…