Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
BUSINESS CYCLES
Meaning:
The business cycle is the tendency for output and employment to fluctuate around their long-term trends. The figure below presents a stylised description of the business cycle. The continuous line shows the steady growth in trend output over time, while the broken line indicate the actual output over the time period.
Point A represents a slump, the bottom of a business cycle while point B suggests the economy has entered the recovery phase of the cycle. As recovery proceeds the output rises to a point C above the trend path; we call this a boom. Then as the line dips via D towards the trend line with output growing less quickly during the recovery and least quickly (perhaps even falling), during a recession.
#question.meaning of isoquants and its types
In the long run, because of the assumption of free entry and exit of the firms, it's not possible for the firms to make super-normal profits nor it is possible for them to incur lo
exaplain cournot''s duopoly model with graph?
NORMAL AND SUPERNORMAL PROFITS Normal profit refers to the payment necessary to keep an entrepreneur in a particular line of production. In economics, it is generally belie
example problems for the types of pricing
Barriers to entry in pure oligopoly The barriers to entry can be artificial or natural. Artificial Barriers This can be acquired through: State protection throu
Using the National Output for Calculating National Income A final method which is more direct is the "output method" or the value added approach . This involves adding up
wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
I have a research paper that is due, my schedule is so full that I need assistance due to overload are you interested in the research paper? course - managerial economics TEXT: Man
Economics is generally defined as the problem of how best to allocate limited resources, limited because needs are characterized as unlimited, but common sense tells us that rather
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd