Economics Notes For SSC CGL / CHSL Exam 2019-20 on : Diminishing Marginal...
The concept of marginal rate substitution (MRS) was introduced by Dr. J.R. Hicks and Prof. R.G.D. Allen to take the place of the concept of diminishing marginal utility. Allen and Hicks...
Economics Notes For SSC CGL / CHSL Exam 2019-20 on : Production Function
The production function is the Technical relationship telling the maximum amount of output capable of being produced by each and every set of specified inputs. It is defined for a given...
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 : Law...
The relationship between price and quantity supplied is usually a positive relationship. A rise in price is associated with a rise in quantity supplied.
Definitions
— In the words of Dooley. "The law of supply states...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :...
The law of variable proportions states that as the quantity of one factor is increased, keeping the other factors fixed, the marginal product of that factor will eventually decline. This means...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Cost...
In economics, the Cost Analysis refers to the measure of the cost – output relationship, i.e. the economists are concerned with determining the cost incurred in hiring the inputs and how...
Economics Crash Course from Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI – Part 2
Indian Economy : Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI - Part 2
Economics Free Video Classes : Indian Economy by Ramesh Singh. Economics Notes. Economics for UPSC | SSC CGL | State PCS | SSC...
Economics Crash Course from Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI – Part 4
Indian Economy : Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI - Part 4
Economics Free Video Classes : Indian Economy by Ramesh Singh. Economics Notes. Economics for UPSC | SSC CGL | State PCS | SSC...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Classification...
The popular meaning of the term ‘market’ refers to the place where goods are bought and sold against the price consideration between the buyers and the sellers. But from the point...
Economics Crash Course from Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI – Part 3
Indian Economy : Basic To Advance For UPSC/SSC CGL/CHSL/CPO/BANK/RRB/IBPS/RBI/SBI - Part 3
Economics Free Video Classes : Indian Economy by Ramesh Singh. Economics Notes. Economics for UPSC | SSC CGL | State PCS | SSC...
