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Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capital equipment). Its calculation is: revenue - cost = profit.
factors influencing the conditions of demand for a given product
meaning of opportunity cost under theory of cost
What are the possible advantages of free trade? Firms a) Specialisation and enhanced use of comparative advantage b) Possibility of advantages of scale c) Spread
Token Privatisation: This implies the sale of 5 per cent or 10 per cent shares of a profit-making public sector enterprise in the market with the objective of obtaining revenue t
have to do a group project on consumer equlibrium. plz help on wat sub topics to select (i am in college 1st year)
Strictly give the diff. btw the theory of reciprocal demand & theory of comparative advantage
what is tariff and qouta
Government Spending Wagner's Law of economic activities applies to every economy. According to this law, there is both an extensive and intensive increase in government activit
Vulnerability in international relations: Dominance, dependence and vulnerability in international relations.A greater volume of Ghana’s exports comes from primary commodities
How to solve questions of endowments?
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