Illustrate how Microeconomics looks at specific economic
Illustrate how Microeconomics looks at specific economic units?
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1. It is concerned with the individual industry, firm or household and the price of specific products and resources.
2. It is an examination of trees, and not the forest.
Briefly describe High operating leverage?
Elucidate facilitating factors that explain the growth of trade?
Economics as a science:We no longer ask the problem whether economics is an art or a science. Science is a systematized body of knowledge. Merely as physics and chemistry are sciences, econo
Describe the term: “Only to be part with it we want money”?
Why do governments enact trade barriers?
Briefly describe the term cost of capital and also illustrate out its significance?
Briefly describe cost of equity shares? And also write down way to evaluate the cost of equity shares?
Give a brief introduction of the term Cost of retained earnings?
Give a brief introduction of the term net present value? Write down its admittable rules, their merits and demerits?
According to the equivalent share criterion of the distribution, individuals must: (1) Share income according to personal requirement. (b) All make equivalent shares of output. (3) Each consists of incomes equivalent to their productive output. (4) Re
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