Consumption function in economics
Consumption function shows the positive relationship between income and consumption. When income increases, consumption also increases for ...
Consumption function shows the positive relationship between income and consumption. When income increases, consumption also increases for ...
What is inflation?? Inflation refers to the increase in the general price level of an economy over a period of time.A rise in the price leve...
Difference Between Durable And Non Durable Goods?? Those goods which can be consumed for a long period of time are called durable goods and ...
What is durable goods?? The goods which do not spoil easily and can be consumed over a long period of time are called durable goods. For Ex...
What is Macroeconomics? Macroeconomics deals with the whole economy and describes various economic components like GDP, inflation ,...
What is profit? The profit shows the difference between total revenue and total cost of a produc...
Consumers are also called buyers and households. That is, consumers refer to those who buy various goods and services from sellers or pro...
Externality: When someone produces and uses goods and services and third parties are affected by this production and use, it is called e...
If there is no government intervention in economic activity and all economic activity is allowed to be automated then all economic problems...
What is Market?? Demand?? Different topics of Demand ??
Two sector Model is the basic economic model.In two sector Model, there is two components. such as: households and firms.In two two sector ...
What is Monopoly Market? Characteristics Of Monopoly Market? Monopoly is a Market structure in which there is a single seller and large n...
The rate of net investment is I=40t^3/5 and Capita stock at t =0 is 75 .Find the capital function K