StopLearn

Mineral resources are substances that are formed naturally in the earth. They can be referred to as free gift of […]

Definition of Marketing Boards Marketing Boards are known as the organization which was established by the government to help those […]

Definition of Agriculture Agriculture may be defined as the cultivation, growing and harvesting of crops and the rearing of animals […]

Meaning of Economy What does the word ‘Economy’ mean? The word ‘economy’ refers to the mechanism through which labour, land, […]

HOARDING In economics, hoarding is the practice of obtaining and holding scarce resources, possibly so that they can be sold to customers […]

PRICE LEGISLATION Price legislation, also known as price control policy, refers to how the government or its agency fixes the […]

Cross elasticity of demand Cross elasticity of demand refers to the degree of responsiveness of demand for a commodity to […]

Income elasticity of demand refers to the degree of responsiveness of demand to changes in income of consumers. It measures […]

Elasticity of supply measures the degree of responsiveness of the quantity of a commodity offered for sale to a little […]

Elasticity of demand can be defined as the degree of responsiveness of quantity demanded to little changes in the price […]