Tag: economics

Know about What is Exceptional Supply? and its relevance in economics at e akhabaar. Supply means the quantities that a seller is willing and able…

Know about The causes of changes in supply and its relevance in economics at e akhabaar. A shift of the supply curve caused by a…

Know about Marginal utility and its relevance in economics at e akhabaar. Marginal utility is the additional satisfaction a consumer gains from consuming one more…

Know about Basic Assumption of Marshallian Utility Analysis and its relevance in economics at e akhabaar. The cardinal utility approach or what is called also…

Know about Production Possibility Frontier and its relevance in economics at e akhabaar. Production Possibility Frontier shows the maximum amounts of production that can be obtained…

Know about Difference between Marginal cost and Average Cost and its relevance in economics at e akhabaar. Difference between Marginal cost and Average Cost: Marginal…

Know about U-shaped cost curves and its relevance in economics at e akhabaar. The U-shapes of the average total cost, average variable cost, and marginal…

Know about What is indifference curve? and its relevance in economics at e akhabaar. When a consumer consumes various goods and services, then there are…

Know about Opportunity cost and its relevance in economics at e akhabaar. Scarcity of resources is one of the more basic concepts of economics. Scarcity…

Know about Utility and Marginal Utility and its relevance in economics at e akhabaar. The problem of fulfilling the unlimited wants of humankind with limited or…