Structure & it’s Types

         Organization structure is the way in which an organization is arranged to achieve its goals. It defines how people are grouped together, how they […]

THE THEORY OF DISTRIBUTION

There are two main interpretations of “the theory of distribution”: 1. Distribution theory in economics: This theory deals with how income and wealth are distributed […]

MARKET STRUCTURES

Perfect competition: A large number of buyers and sellers, each with a small market share. Homogeneous products (no differentiation). Easy entry and exit. Perfect information […]

Expansion Path

In economics, an expansion path, also known as the long-run cost minimization path, shows the optimal combinations of two inputs a firm chooses as it […]