Diversification means not investing money only in one or in a few investment products. When talking about stocks there are two types of risk that inverstors […]
With private marginal cost distorts resource allocation by understating true social cost. I created a graph here to illustrate the problem. In the graph note that […]
The basic difference between the two is in terms of the components included in the measurement of GDP. The EXPENDITURE APPROACH includes the expenditures incurred by […]
By increasing marginal costs higher than it would have been without the fixed factor being fixed. The law of diminishing returns or in a broader way […]