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Economics 12 Notes

Economics XII Notes

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Organization

Organization

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1 min read
Land

Land

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1 min read
Supply Curve

Supply Curve

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4 min read
Meaning of Demand

Meaning of Demand

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2 min read
Difference between Money and Capital Market

Difference between Money and Capital Market

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1 min read
Meaning of Bank

Meaning of Bank

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1 min read
Zero income elasticity of demand

Zero income elasticity of demand

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1 min read
Movement Along Supply Curve

Movement Along Supply Curve

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2 min read
Determinants of demand

Determinants of demand

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2 min read
The law of maximum satisfaction/ The law of equi-marginal utility/ The law of substitution

The law of maximum satisfaction/ The law of equi-marginal utility/ The law of substitution

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3 min read
Capital

Capital

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2 min read
Labor division

Labor division

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2 min read
Importance of the law of diminishing marginal utility

Importance of the law of diminishing marginal utility

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1 min read
Sole trading concern

Sole trading concern

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3 min read
Perfectly inelastic demand

Perfectly inelastic demand

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1 min read
The Laws of returns to scale

The Laws of returns to scale

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2 min read
Supply

Supply

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1 min read
Marginal Cost (MC)

Marginal Cost (MC)

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3 min read
Determinants of supply

Determinants of supply

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1 min read
Application of Law of diminishing return especially in agriculture

Application of Law of diminishing return especially in agriculture

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1 min read
Simple price index number

Simple price index number

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2 min read
Relatively inelastic demand

Relatively inelastic 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
Economics XII: Meaning

Economics XII: Meaning

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1 min read
Law of variable production

Law of variable production

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4 min read
Difference between fixed and variable cost

Difference between fixed and variable cost

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1 min read
Perfect Competition Market

Perfect Competition Market

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3 min read
Rent

Rent

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4 min read
Concepts of short run average cost

Concepts of short run average cost

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1 min read
Wage fund theory of wage

Wage fund theory of wage

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2 min read
Deflation

Deflation

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1 min read
Limitations (Criticisms) of Optimum Theory

Limitations (Criticisms) of Optimum Theory

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1 min read
Concept of capital market

Concept of capital market

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1 min read
Derivation of TR, AR and MR curves under the perfect competition market

Derivation of TR, AR and MR curves under the perfect competition market

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2 min read
Cross elasticity of demand

Cross elasticity of demand

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1 min read
The Law of diminishing marginal utility

The Law of diminishing marginal utility

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2 min read
Limitation of diminishing marginal utility

Limitation of diminishing marginal utility

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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
Comparative cost theory of international trade

Comparative cost theory of international trade

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4 min read
Importance of concept of Consumers’ Surplus

Importance of concept of Consumers’ Surplus

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1 min read
Economics XII: Meaning in Factor Prices

Economics XII: Meaning in Factor Prices

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1 min read
Economics XII: Meaning of Cost

Economics XII: Meaning of Cost

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1 min read
Movement Along Demand Curve

Movement Along Demand Curve

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2 min read
Features of market economy

Features of market economy

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1 min read
Perfectly elastic demand

Perfectly elastic demand

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1 min read
Concept of revenue

Concept of revenue

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1 min read
Joint Stock Company

Joint Stock Company

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6 min read
Law of Supply

Law of Supply

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2 min read
Subsistence theory of wage

Subsistence theory of wage

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2 min read
Types of Bank

Types of Bank

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2 min read
Meaning of Production

Meaning of Production

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1 min read
Equilibrium

Equilibrium

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3 min read
Income elasticity of demand greater than one

Income elasticity of demand greater than one

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1 min read
Price index number

Price index number

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1 min read
Income Elasticity of demand

Income Elasticity of demand

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1 min read
Concepts of Utility

Concepts of Utility

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2 min read
Factors of production

Factors of production

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1 min read
Stages of population

Stages of population

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2 min read
Types of Demand

Types of Demand

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2 min read
Positive cross elasticity of substitute goods

Positive cross elasticity of substitute goods

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1 min read
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