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Consumer Protection

Consumer protection refers to protecting the interest of consumers. In this post, we will be learning about the concept and importance of consumer protection. Let’s Learn consumer protection in detail.…

How to solve problems on AD-AS?

The trick to solve problems on AD-AS is to remember all the formulas: S = -c + sY (-c is dissavings, s = MPS, Y = National Income) C =…

Monopoly Market

A monopoly is an imperfect market form. ‘Mono’ means single and ‘poly’ means to control, implying 1 seller. A monopoly refers to a market situation where there is a single…

Perfect Competition

Perfect competition is 1 of the form of the market. There are 2 types of market: Perfectly competitive market or Perfect Competition or Perfect Market.Imperfect competition. In this post, we…

Public Relation | Concept & Role

Public relation means maintaining relations with the public or being good in the eyes of the people. In this post, we will learn Public Relation | Concept & Role in…

Sales Promotion | Promotion Mix

Sales promotion is a promotion mix tool. It refers to short-term intensive which is designed to encourage the buyers to make immediate purchase of a product or service. These include…

Personal Selling | Promotion mix

Promotion mix involves tools to promote or increase the sale of a product. After advertising, personal selling & sales promotion is 2 more tools used under the promotion mix. In…

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…

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