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Economic Concepts and Models: A Review of Trampoline's Profit Issues

   

Added on  2023-06-11

16 Pages636 Words247 Views
BMP4003 BUSINESS ENVIRONMENT

ARTICLE REVIEW - ECONOMIC CONCEPTS AND MODELS
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TABLE OF CONTENTS
Introduction
Trampoline's profit Issues
Concept of microeconomics
Law of Demand
Factors affecting demand
Elasticity in demand
Supply
Law of Supply
Factors affecting supply
Change in supply curve
Conclusion
References

INTRODUCTION
Economics is defined as study of the
certain resource which are limited and
having the diversified use such as
producing merchandises and amenities
and the production growth and the
wellbeing over specific time- period.
Many different types of difficult issues of
society are related to economics.

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