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Non-Competitive Markets
Meaning of microeconomics — Briefly, microeconomics is the study of individual economic units of an economy. It is that part of economic theory which deals with the individual parts of the economic system like individual households, individual firms, individual industries, etc. It concerns with the study of individual choice and decisionmaking.
Sponsor Area
Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth.
Value of Output vs. Value Added
Factor Payment (Income) vs. Transfer Payment (Income)
Sources of Domestic Income
Sponsor Area
Sponsor Area