what is meant by the equilibrium price and what happens when there is a rise in demand and rise in supply
 Explain what is meant by the equilibrium price and [...]
What is Price Elasticity Supply (PES)?
 What is PES? PES is a measure of responsiveness [...]
Explain why prices of agricultural goods tend to be subject to huge price fluctuations
Qn. Explain why prices of agricultural goods tend to be [...]
Explain the relevance of PED concepts to producers in trying to maximize revenue
  Qn. Explain the relevance of elasticity (price) and [...]
What is Supply
What is Supply  In Economics, supply refers to the [...]