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Return on Equity: It's a measure of business profitability equal to net after-tax income divided by average level of shareholders' equity in the business.
Sales Tax: A tax imposed as a proportion of consumer spending on specified services or goods. Also called a ‘value-added' tax.
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The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It originated from countries with highly sophisticated fin
Using tools of indifference curve, highlight on consumption in business economics.
Monopoly: Monopoly is a market structure in which there is a single firm producing a commodity or providing a service that has no close substitutes. As the sole supplier to it
A firms total cost function is TC=0.0006*X^3-0.086*X^2+4.8*X+25 and its total revenue function is TR=2.5*X find its profit function
Consider a hypothetical nation, Solowland, which were in the steady state. We consider a constant return to scale production function based on two production factors, labor and cap
introduction of this model
Uses of population census: It is used to determine the size and the growth rate of the population at a country. The helps the government in planning for education, transporta
explain what will happen to price , the marginal cost of rice, and the quantity produced if the government sets a production quota of 2000 bags a week. draw a graph and explain you
Sources of external economies of scale: Economies of Skilled Labour: This involves upgrading the skills of labour through the provision of education and training faci
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