Measures of Central Tendency: There are three measures of central tendency that are: Mean: It is used to represent the average of the data. Median: It is used to represent the middle value. Mode:...
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central Banks attempt to limit inflation —...
Here are the tips: Make a flow chart for every topic/chapter Give to the point answer Be clear with all terms/important definitions Don't skip diaram wherever necessary Try to solve maximum types...
MANAGERIAL ECONOMICS Application of Economics in Managerial Decision Making to optimize resources of the firm and maximize the value of the firm What is economics? The best product, wealth, or...