Measuring Price Elasticity of Supply

Price elasticity of supply refers to the degree of responsiveness of supply to a change in the price of the commodity. It is used to explain the quantitative changes in the supply of a commodity due to a change in its price.

The Law of Supply: Assumptions, Reasons, and Exceptions

Economists have studied the behavior of sellers and buyers in the market to arrive at the law of supply. The law of supply states the direct relationship between the price of a commodity and the quantity supplied, assuming other factors remain constant. The purpose of this article is to explore the assumptions, reasons, and exceptions to the law of supply.

Calender Era: Meaning and Its Evolution

A calendar era refers to the span of time that has passed since a specific point in a calendar and up until the next one, if applicable….

The Essential Role and Importance of Insurance in Modern Society

Insurance is an arrangement in which a company provides financial protection to an individual or organization in exchange for payment of premiums. It is a way to reduce risk and provide peace of mind to the policyholder. Insurance plays a vital role in modern society, providing financial security and stability in times of need.

Tourism & Hospitality Industry in India

What is Tourism?

Tourism is a practice of travelling for recreational or leisure purposes. It has become a popular global leisure activity, involving short term and temporary movements of people. Tourism contributes to the source of income for countries, including transportation, accommodation and entertainment.

What is Hospitality?

Hospitality is the relationship between a guest and a host, and involves welcoming, receiving, hosting or entertaining guests. The hospitality industry is closely linked with the travel and tourism industry and plays a major role in the overall economic growth of a country.

The Importance of Pricing in Business

Price can be defined as the exchange of goods or services in terms of money. It is a crucial aspect of marketing in society and is essential for conducting transactions. For a manufacturer, price represents the quantity of money (or goods and services in a barter trade) received for the goods or services that they offer. On the other hand, for a customer, price represents the sacrifice that they make and their perception of the value of the product.

Primary Autotrophic Ecological Succession: A Step-by-Step Guide

Ecological succession is a natural process of change in the species composition of an ecosystem over time. One of the forms of succession is primary autotrophic succession, which begins with the creation of a bare area and ends with the formation of a stable, self-maintaining community of plants and animals known as the climax community. This article will provide a step-by-step guide to the complete process of primary autotrophic ecological succession.

Descendants 3 (2019) Multi Audio [Telugu + Tamil + Hindi + English] 720p Mkv Free Download

Descendants 3 (2019) is a fantasy movie with elements of romance, adventure, and comedy that is now available for download in 720p MKV format with Hindi multi-audio from Inforger. This movie is the sequel to the 2017 film, Descendants 2. Get ready to enjoy the exciting journey of Descendants 3 in Hindi from Inforger.

(PDF) “Energize Your Mind” by Gaur Gopal Das Book Download

“Energize Your Mind” by Gaur Gopal Das is a thought-provoking and inspiring book that provides practical and actionable tips for living a happier, more fulfilling life. The author, Gaur Gopal Das, is a life coach and motivational speaker, and his book draws on his years of experience helping people improve their lives. This life-changing book is available for free download in PDF format, making it accessible to everyone who wants to read it.

(PDF) The Psychology of Money by Morgan Housel Book Download

The Psychology of Money by Morgan Housel is a book pdf that delves into the complexities of our relationship with money. The author explores the various emotional, psychological, and societal factors that influence our attitudes and behaviors towards money.