Why does demand bending downwards?
pritamkurrey111 The slope of the demand curve is negative i.e. slope is downward. There are several reasons for the slope nature downward of the demand curve: 1. The slope of the…
Human resources
Various decisions cost
The following costs are relevant costs that are usually used in making decisions by management. 1. Relevant and. Unrelevant costs – Relevant costs are those costs which keep changing according…
Meaning of full competition
The full competition is a form of the marketplace with a large number of buyers and sellers. They sell homogeneous goods. The firm produces only a small portion of the…