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Economics 12 Notes

Economics XII Notes

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Relationship between MC and AC

Relationship between MC and AC

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1 min read
Limitations (Criticisms) of Optimum Theory

Limitations (Criticisms) of Optimum Theory

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1 min read
Marginal Cost (MC)

Marginal Cost (MC)

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3 min read
Law of variable production

Law of variable production

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4 min read
Meaning of international trade

Meaning of international trade

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1 min read
Demand curve

Demand curve

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3 min read
Determinants of supply

Determinants of supply

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1 min read
Comparative cost theory of international trade

Comparative cost theory of international trade

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4 min read
Economics XII: Meaning

Economics XII: Meaning

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1 min read
Positive cross elasticity of substitute goods

Positive cross elasticity of substitute goods

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1 min read
Economics XII: Meaning of Cost

Economics XII: Meaning of Cost

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1 min read
Change in Optimum Population

Change in Optimum Population

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2 min read
Perfectly inelastic demand

Perfectly inelastic demand

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1 min read
Barter system

Barter system

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1 min read
Law of Supply

Law of Supply

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2 min read
The Laws of returns to scale

The Laws of returns to scale

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2 min read
Joint Stock Company

Joint Stock Company

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6 min read
Value of money

Value of money

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2 min read
Limitation of diminishing marginal utility

Limitation of diminishing marginal utility

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1 min read
Weighted price index

Weighted price index

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3 min read
Supply

Supply

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1 min read
Long Run Cost

Long Run Cost

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1 min read
Interest

Interest

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3 min read
Profit

Profit

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2 min read
Protectionism

Protectionism

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4 min read
Balance of payment

Balance of payment

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3 min read
Income elasticity of demand less than one

Income elasticity of demand less than one

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1 min read
Determinants of demand

Determinants of demand

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2 min read
Unitary elastic demand

Unitary elastic demand

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1 min read
Economics XII: Meaning of Revenue

Economics XII: Meaning of Revenue

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1 min read
Derivation of TR, AR and MR curves under monopoly market

Derivation of TR, AR and MR curves under monopoly market

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3 min read
Meaning of Bank

Meaning of Bank

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1 min read
Economics XII

Economics XII

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7 min read
Zero income elasticity of demand

Zero income elasticity of demand

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1 min read
Income elasticity of demand equal to one

Income elasticity of demand equal to one

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1 min read
Movement Along Supply Curve

Movement Along Supply Curve

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2 min read
Concept of capital market

Concept of capital market

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1 min read
Importance of concept of Consumers’ Surplus

Importance of concept of Consumers’ Surplus

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1 min read
Role of international trade

Role of international trade

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2 min read
Difference between fixed and variable cost

Difference between fixed and variable cost

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1 min read
Perfectly elastic demand

Perfectly elastic demand

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1 min read
Negative cross elasticity of demand

Negative cross elasticity of demand

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1 min read
Meaning of Demand

Meaning of Demand

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2 min read
Concept of money market

Concept of money market

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1 min read
Cross elasticity of demand

Cross elasticity of demand

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1 min read
Wage fund theory of wage

Wage fund theory of wage

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2 min read
Relatively inelastic demand

Relatively inelastic demand

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1 min read
Concepts of short run average cost

Concepts of short run average cost

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1 min read
Criticism of Consumers’ Surplus

Criticism of Consumers’ Surplus

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1 min read
Wage

Wage

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3 min read
Law of Demand

Law of Demand

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4 min read
Economics XII: Meaning in Factor Prices

Economics XII: Meaning in Factor Prices

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1 min read
Concept of short-run total cost curves

Concept of short-run total cost curves

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3 min read
Balance of trade

Balance of trade

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1 min read
Demand for capital

Demand for capital

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1 min read
Stages of population

Stages of population

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2 min read
Equilibrium

Equilibrium

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3 min read
Economics XII: Meaning

Economics XII: Meaning

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1 min read
Rent

Rent

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4 min read
Movement Along Demand Curve

Movement Along Demand Curve

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2 min read
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