Contraction in Demand When there is a fall in the quantity demanded of a commodity because of an increase in its price by keeping other… Read More
Category Archives: Commerce
Expansion in Demand When there is an increase in the quantity demanded of a commodity because of a fall in its price by keeping other… Read More
Knowledge Management (KM) is the process of identifying, creating, capturing, organizing, storing, sharing, and effectively utilizing knowledge and information within an organization or community. It… Read More
The proportionate change in the quantity demanded of a commodity due to a proportionate change in the price of the commodity is called Price Elasticity… Read More
Determination of Equilibrium Level The Keynesian Theory states that the equilibrium situation is usually expressed in terms of Aggregate Demand (AD) and Aggregate Supply (AS).… Read More
Investment Banking in a common language can be understood as a part of a Banking System specialized in raising funds for an Organisation (or Individuals),… Read More
Aggregate demand (AD) is the total amount of final products and services that all sectors of the economy intend to purchase over a single accounting… Read More
Demand refers to the quantity of a commodity the customer is willing and capable to purchase, at any given time and at each possible price.… Read More
What are Shares? When the total capital of the company is divided into units of small denominations, it is known as shares. For example, if… Read More
The functional relationship between saving and national income is known as Saving Function. It shows the savings of households during a given period of time… Read More
Short Answer Questions Question 1: Explain the concept of public sector and private sector. Answer: Public Sector: The sector, which includes all those enterprises which… Read More
The functional relationship between saving and national income is known as Saving Function. It shows the savings of households during a given period of time… Read More
The estimated money receipts of the government from all sources during a fiscal year are known as Budget Receipts. The two different kinds of budget… Read More
The estimated money expenditure of the government during a fiscal year is known as Budget Expenditure. The two different kinds of budget expenditure are Revenue… Read More
Management by Objectives(MBO) Management by Objectives (MBO) is a management strategy that focuses on setting specific, measurable, achievable, relevant, and time-bound objectives for individuals and… Read More
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