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Economics Notes For SSC CGL / CHSL Exam 2019-20 on : The Law of...

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The law of equi marginal utility was presented in 19th century by an Australian economists H. H. Gossen. It is also known as law...

Statistics Notes For SSC CGL / CHSL Exam 2019-20 on :Methods of collecting primary...

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Data is a tool which helps in reaching a sound conclusion by providing information therefore. For statistical investigation, collection of data is the first...

Accountancy Notes For SSC CGL 2019-20 on : Type of book keeping

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Bookkeeping is a task concerned with the recording of financial data relating to business operations in a significant and orderly manner. It envelopes all...

Economics Notes For SSC CGL / CHSL Exam 2019-20 on : The Law of...

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Gossen, a German economist, is the first to explain the law of diminishing marginal utility based on general observations of human behavior. Because of...

Statistics Notes For SSC CGL / CHSL Exam 2019-20 on : Sampling Methods

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Sampling is a tool that is used to indicate how much data to collect and how often it should be collected. This tool defines...

Accountancy Notes For SSC CGL 2019-20 on : Book-keeping Vs. Accounting

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Many use the terms bookkeeping and accounting interchangeably, but the fact is the former is the first step to the latter, i.e. bookkeeping is...

Economics Notes For SSC CGL / CHSL Exam 2019-20 on : Classification of Goods

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In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product....

Statistics Notes For SSC CGL / CHSL Exam 2019-20 on : Measurement Scales

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Measurement scales are used to categorize and/or quantify variables. This lesson describes the four scales of measurement that are commonly used in statistical analysis:...

Economics Notes For SSC CGL / CHSL Exam 2019-20 on : Consumption Analysis: Introduction

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Consumption is an essential economic activity. The quantity and quality of consumption determine the standard of living of the people. Consumption is the act...

Statistics Notes For SSC CGL / CHSL Exam 2019-20 on : Statistics Variable and...

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Variable: A variable is an entity that varies from a place to place, a person to person, a trial to trial and so on....
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Economics Notes For SSC CGL / CHSL Exam 2019-20 on :...

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An economic theory derives laws or generalizations through two methods:  (1) Deductive Method and  (2) Inductive Method. Deductive Method of Economic Analysis It is also named as analytical...

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