Applied Economics
Factors of production can be defined as inputs used for producing goods or serv…
Applied Economics
The price of a product is influenced by a number of factors, such as manufactur…
Applied Economics
Production is a process of combining various inputs to produce an output for co…
Applied Economics
Cost is the most important factor which influences the supply of commodities. S…
Applied Economics
Demand theory is an economic principle relating to the relationship between con…
Applied Economics
Microeconomics may be defined as the branch of economic analysis which studies …