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Break Even Point Analysis
When Costs and Revenues meet t no profit no loss situations in a business...
Aparna Agarwal
Microeconomics Introduction
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Elasticity of Demand and Supply
The degree of responsiveness shown in the demand or supply of a commodity with reference to it's attributes like Price, Income, etc. is called Elasticity. In Economics, elasticity is not about extension of something, it means the attitude of one component with respect to the changes in another. For more information, feel free to access the attachment here.
Indifference Curve Analysis
The optimum combination of two commodities which one customer has to compromise to get another unit of another category.