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Economics Discussion: Share Your Knowledge on Economics
Welcome to EconomicsDiscussion.net! Our mission is to provide an online platform to help students to discuss anything and everything about Economics. This website includes study notes, research papers...
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5 Basic Problems of an Economy (With Diagram)
The following points highlight the five basic problems of an economy. The problems are: 1. What to Produce and in What Quantities? 2. How to Produce these Goods? 3. For whom is the Goods Produced? 4. ...
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Solution to the Basic Economic Problems: Capitalistic, Socialistic and Mixed Economy
Solution to the Basic Economic Problems: Capitalistic, Socialistic and Mixed Economy! Uneven distribution of natural resources, lack of human specialization and technological advancement etc., hinders...
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Elasticity of Demand and Supply (With Diagram)
Read this article to learn about Elasticity of Demand and Supply: - 1. Subject Matter of Elasticity of Demand and Supply 2. Meaning of Price Elasticity of Demand 3. Different Kinds of Price Elasticiti...
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Elasticity of Demand: Meaning and Types of Elasticity (explained with diagram)
Elasticity means sensitiveness or responsiveness of demand to the change in price. Read this article to learn about the Meaning and Types of Elasticity of Demand which is explained with diagrams.
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Notes on the Central Problems of an Economy [with its solutions]
Compilation of Notes on the Central Problems of an Economy with its solution for class 10, 11 and 12 students. Rich or poor, developed or undeveloped, every economy must face three central problems. ...