Equilibrium
In a competitive market the interaction of the forces of demand and supply determine the market price of any commodity. Equilibrium
Protectionism
Protectionism The doctrine of international trade with governmental intervention is called protectionism. According to it, the government must protect the national
Concept of money market
Money market refers to the transaction of short term/run credit instrument. These instruments are highly liquid, easily marketable
The Laws of returns to scale
The law of returns scale describes about the long run production phenomenon. In the long run
Value of money
The value of money is defines as the quantity of goods and services that can be purchased with the