Theories of Distribution
In economics, theories of distribution explain how an economy’s total wealth or national income is divided among individuals (personal distribution) […]
Economics
Economics
What is Deadweight Loss in Economics?
Deadweight loss is defined as the loss in social welfare due to inefficiencies of the market. The market is inefficient
Economics
Baumol’s Sales Revenue Maximization Model
Baumol developed the sales revenue maximisation model as an alternative to the profit-maximising model of traditional business. According to Baumol,
Economics
Price Discrimination in Economics
Price descrimination as the different price charged by the seller (firm) to different buyers. It is an activity by a
Economics
Non-Collusive Oligopoly (Kinked Demand Curve Model)
First read the ⇒ Collusive Oligopoly Non-Collusive Oligopoly In the non-collusive oligopoly market, firms do not have the information about
Banking
Public Enterprise in Nepal – Concept, Objectives, Current Status
Concept of Public Enterprise in Nepal Public Enterprises (also called SOSs – state-owned enterprises) are those institutions that are partially
ADBL, NBL, RBB
Sangathit Sanstha 4th Level Pretest Exam Schedule
According to the previously published advertisements of Rastriya Banijya Bank Limited (RBBL), Agricultural Development Bank Limited (ADBL), and Nepal Bank
Economics
Price and Output Determination Under Monopolistic Market
It is the market structure where there is a large number of buyers and sellers and a differentiated but closed
Economics
Price and Output Determination Under Monopoly Market
It is the market structure where there is a single seller and a large number of buyers, a unique product
Economics
Price and Output Determination Under Perfect Market
Perfect Market It is the market structure where a large number of buyers and sellers, with homogeneous products, are present.
Economics
Modern Theory of Cost
Proposed by or based on George Stigler (in 1939) The traditional theory of cost was criticized both theoretically and empirically
Economics
Cost Approach vs Resource Approach of Production Planning
1) Cost Approach of Production Planning: This approach of production planning aims to minimize the cost. If the output is