
What are the types of capital used in production?
We have discussed factors of production; there are four factors of production – land, labor, capital, and entrepreneurship. Our today’s focus is on the types of capital in the production…
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We have discussed factors of production; there are four factors of production – land, labor, capital, and entrepreneurship. Our today’s focus is on the types of capital in the production…
Today, I have decided to answer a question from national income accounting. This question is very common and readily available in many books and other online sources. I would also…
Today, I am going to solve a question asked from me on the ‘Quora platform’. Some of you, who have not studied the concept of income and substitution effect might…
I have been asked this question from one of my ex-student on whats-app. Let’s familiarize with some basic terminology before coming to any conclusion: Consumer Surplus is the difference between…
I received this question request on quora. This is a very common question, you can search it on google as well, and I would also like to do my part,…
The rightward and leftward shift of the demand curve is a common question asked by me when I teach students the concepts of ‘demand and supply. One basic rule you…
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