Define a term Economic Activities. Briefly discuss the classification of Economic Activities? DEFINITION OF ECONOMIC ACTIVITIES: “The acti...
STONE AGE: In the beginning the man’s needs were limited. Thus in that period man used to live like animals, and also used the forests prod...
Qno.4 State the four points for the importance of the study of commercial geography for the Commerce students? 2012(R) 1. The students of c...
Qno.3 Explain the importance of Economic and Commercial Geography? IMPORTANCE OF ECONOMIC AND COMMERCIAL GEOGRAPHY: Now-a-days Economic and...
Qno2. What do you know about the Scope of Economic and Commercial Geography? SCOPE OF ECONOMIC AND COMMERCIAL GEOGRAPHY: Economic and Comme...
Qno1. What do you mean by Geography? DEFINITION AND MEANING OF GEOGRAPHY: The word Geography is a combination of two words “Geo” and “G...
TRADE CYCLE Trade cycle refer to regular fluctuations in the level of national income. It is a well-observed conomic phenomenon, though it...
MONOPOLY MONOPOLY is that market form in which a single producer controls the whole supply of a single commodity which has no close substit...
MEANING OF A FIRM EQUILIBRIUM The concept of a firm equilibrium occupies an important place in price theory. A firm is in equilibrium when ...
MARKET Market is any place where goods and services are sold and bought. There are two types of markets. • Perfect Competition • Impe...
Factor of Production L. M. Fraser, defining factors of production says; “Factors of production are the name which is given to the origi...
REVENUE  The money payment which is received to a producer or the manufacturer through the sale of goods during a particular period of t...
Average Cost In economics, average cost is equal to total cost divided by the number of goods produced. It is also equal to the sum of a...
What is the difference between Total Cost, fixed cost and variable cost? FIXED COST Periodic cost that remains (more or less) unchanged...
2nd Year Banking Important Questions With Answer ~ XII Banking Past Papers Banking (2018) Section ‘’B’’ (Short Answer Question) Did Y...