Division of labor, Division of Labor The occupation or breaking down o...

Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.

Theory of production a\nd cost, explain engineering cost

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Critically examine recent development in demand theory,

Production possibility frontier, Halala is a small country that uses most o...

Halala is a small country that uses most of Its resources to produce fruits and vegetables. If the country produces only fruits it is able to produce 8000kg of fruit per year. If i

How is the wrong conclusion result in necessary condition, How is the wrong...

How is the wrong conclusion result in necessary condition not in the sufficient condition? This is often heard that the market institution must not be used based onto the fact

What is the difference between concept and assumption, What is the differen...

What is the difference between 'concept' and 'assumption'?  These two terms are very dissimilar. The term 'concept' refers to an idea or abstract principle. For instances, forc

Oligopoly, How to calculate new profit earn by a firm in oligopoly if anoth...

How to calculate new profit earn by a firm in oligopoly if another firm cheat

Monopoly, unique product

unique product

Explain about capacity utilization, Q. Explain about Capacity Utilization? ...

Q. Explain about Capacity Utilization? Capacity Utilization: A company or economy's capacity represents maximum amount of output it can produce. Rate of capacity utilization, h

S block elements, electronic configuration of s block elements

electronic configuration of s block elements