Components of microeconomics , Challenges and discussions

Challenges and discussions

The lower the value MR of monopolist ,

Distinction between cost and expenditure, Distinction Between Cost and Expe...

Distinction Between Cost and Expenditure As has already been defined, cost is the money equivalent of material and human resources needed to produce a good or a service. Expen

Law of chemical combination, What is law of combination

What is law of combination

Closesubstitute goods, Closesubstitute goods: The number of closesubstit...

Closesubstitute goods: The number of closesubstitute goods The more substitutes of good has and the more close the substitutes are, the more elastic the demand for the good. Fo

What is methodological economics, What is methodological economics? how its...

What is methodological economics? how its significance, Describe use of methodological economics...

Current account - balance of payments, Current Account: The Current Ac...

Current Account: The Current Account can be broken down into two parts, viz., one, balance of trade, and, two, balance on invisibles. The Balance of Trade (BOT) deals only wit

1, what is market equilibrium and disequilibrium?

what is market equilibrium and disequilibrium?

Capital gain, Capital Gain: A capital gain is a form of profit which is ear...

Capital Gain: A capital gain is a form of profit which is earned on an investment by re-selling an asset for more than it cost to buy. Assets that can be purchased for this purpose

Effect of an increase in uncertainty on dollar exchange rate, As stock mark...

As stock markets have crashed, and uncertainty has increased, consumers move their money to the safest currencies and countries in the world.  Predict the effects of an increase in