Token privatisation, Token Privatisation: This implies the sale of 5 per ...

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

Consumer surplus, detail of consumer surplus with examples

detail of consumer surplus with examples

Production process, Production Process: Production is a process that t...

Production Process: Production is a process that transforms factors of production or inputs into output of goods and services. Production may be classified into extraction, ma

Demand and price, examples of quantity demand when prices increase

examples of quantity demand when prices increase

Why is capital formation important in economic growth, Capital make large s...

Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o

Risk and cost benefit analysis , COST benefit analysis Costs that ...

COST benefit analysis Costs that are applicable in the project and the benefits that are associated with it are as follows: Risk occurs at different levels. It takes pl

Major air pollutants, Major air pollutants can be sub divided into 2 catexa...

Major air pollutants can be sub divided into 2 catexampleories: Inorganic gases and particular gases. (A) Inorganic gases 1. Carbon monoxide (CO) CO is a colourless, lethal gas

What is the difference between economics and business, What is the differen...

What is the difference between economics and business?  Economics is the study of how we, the people, engage ourselves in production, distribution and consumption of goods and

Production function for wheat, Production Function for Wheat *  Farmers...

Production Function for Wheat *  Farmers should choose between a capital intensive or labor intensive technique of production. Isoquant Describing Production of Wheat

The lower the value MR of monopolist ,