economics crisis

Sunday, 17 December 2017

oligopoly

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 market dominated by a   few large firms. It can form when significant barriers to entry exist. Examples of  oligopolies in the United Stat...

BUDGET LINE

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Budget Line: The budget line is an important element analysis of consumer behavior. The indifference map shows people’s preferences ...

SUBSTITUTES AND COMPLEMENTS

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SUBSTITUTES.   Substitutes is an increase in the price of one will increase the quantity demanded for other.For example,when the price of C...

monopoly

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monopoly                         Since monopoly firm is the only firm in the market, the firm’s demand curve is also the market de...

economy no shutdown and shutdown position

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BLACKBERRY ETC Before the iPhone penetrates the smartphone market, Blackberry or its nickname "crackberry" is indeed very popular...

economy of scale

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 Qu Puteh  etua pegawai eksekutifnya, Datuk Seri Hasmiza Othman berkata, beliau menurunkan harga produk berkenaan yang sebelum ini be...

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indiffrence curve between kitkat and cadbury. EXCLUSIVE: We love that! Wimbledon freezes price of kit kat and cadbury. ...
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