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Determination of Equilibrium Output

For the determination of Equilibrium output there are 2 approaches: AD-AS ApproachS-I Approach  Let’s learn more about it. A quick note: Subscribe to our website to get answers to your curriculum questions.  Aggregate…

Types of employment equilibrium

Types of Employment Equilibrium

Under macroeconomics, there are 3 types of employment equilibrium: Full Employment EquilibriumUnder Employment EquilibriumOver Employment Equilibrium  Let’s learn more about it. A quick note: Subscribe to our website to get answers to your…

Producer Equilibrium

Producer Equilibrium

A producer is said to be in equilibrium when he produces that level of output at which his profits are maximum. There are 2 methods of determining producer equilibrium: TR-TC…

Types of Revenue

There are 3 types of revenue that we mainly study under the forms of different markets. These includes: Total Revenue (TR)Average Revenue (AR)Marginal Revenue (MR) A quick note: Subscribe to our website…

Concept of Short-Term Equilibrium (AD-AS)

According to the Keynesian theory, equilibrium is determined in terms of aggregate demand and aggregate supply. We reach an equilibrium level of output or employment, where AD = AS. In…

Aggregate Supply

Aggregate supply refers to the money value of final goods and services that all the producers are willing to supply in an economy during a given period of time. I…

Average and Marginal Propensity To Save

Hi there. In this post, I will be writing about the important points related to the average and marginal propensity to consume. I will recommend you to read my post…

Blogging for 150 days non-stop

Blogging for 150 days non-stop

Blogging for 150 days non-stop

Numerical on the Price Elasticity of Supply

In this post, I will be explaining the methods to solve numerical on the price elasticity of supply. I will be explaining the types of problems as well. Let’s start…

The Average and Marginal Propensity to Consume

Hi there. In this post, I will be writing about the important points related to the average and marginal propensity to consume. I will recommend you to read my post…

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