WHAT IS RECESSION?
There is no universally accepted definition for Recession. It’s a heated debate among economists for ages. Generally, it is believed that a decline in the country’s GDP for two consecutive …
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THE FIRM MARKET STRUCTURES
There are four types of market structures: Perfect competition Monopolistic competition Oligopoly and Monopoly We can categorise where an industry falls by examing it through the following sections. CHARACTERISTICS OF …
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