Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Meaning of...
Liberalisation, privatisation and globalisation are interrelated terms that are most often used together, since when one occurs, the other two occur in tandem with...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Theories of...
There are various theories of profit which have been advanced from time to time regarding the nature of profit in a competitive economy. Almost...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Theories...
There are various theories which have been put forward from time to time as to why the interest is paid. The most important theories...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Theories...
Wages are the reward for labour. There are two main kinds of wages. (1) money wages and (2) real wages. Money wages are also...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Oligopoly...
Oligopoly refers to a small number of bidding products. The word is derived from Greek and is formed by two different concepts: oligo meaning...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Duopoly...
The duopoly is a type of competition which takes place within a market which is characterized mainly by the existence of two companies which...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Monopoly...
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition,...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Imperfect...
Imperfect competition is a competitive market situation where there are many sellers, but they are selling heterogeneous (dissimilar) goods as opposed to the perfect...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Perfect...
Perfect competition describes a market structure where competition is at its greatest possible level.
Perfect competition or competitive markets -also referred to as pure,...
