Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Types...
The Price Elasticity of Supply measures the rate of response of quantity demand due to a price change. If you've already read Elasticity of Demand and understand it, you may want...
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 competitive market scenario. As the name suggests,...
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 it.
Liberalisation: Governments of different countries have different trading...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Short run...
The Short-run Cost is the cost which has short-term implications in the production process, i.e. these are used over a short range of output. These are the cost incurred once and cannot be...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Cobb-Douglas Production...
In economics, a production function is an equation that describes the relationship between input and output, or what goes into making a certain product, and a Cobb-Douglas production function is a specific...
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, as he is the sole seller of...
Banking Awareness Notes For SSC CGL / CHSL Exam 2019-20 on : TYPES OF...
When it comes to banking, there are several different types of options. Of course, not all of the services are going to be built for a single person or company, and...
Banking Awareness Notes For SSC CGL / CHSL Exam 2019-20 on :Electronic Clearing Services
ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution...
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 produce an article, and who control the...
