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25th July 2021
By
indiafreenotes
In a competitive market, the price conditions of a product or service will keep varying until the demand equals the…
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25th July 2021
By
indiafreenotes
In the Determination of Gains from International Trade: The gains from international trade depend, among others, on the elasticity of…
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25th July 2021
By
indiafreenotes
Business Economics is playing an important role in our daily economic life and business practices. In actual practice different types…
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25th July 2021
By
indiafreenotes
The vital role which business firms play in increasing social welfare is quite clear. It is due to the working…
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25th July 2021
By
indiafreenotes
The word ‘micro‘ is derived from the Greek word ‘mickros’ meaning small. It is that branch of economics theory which…
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25th July 2021
By
indiafreenotes
A peril is a potential event or factor that can cause a loss, such as the possibility of a fire…
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25th July 2021
By
indiafreenotes
Triggering moments A common misperception is life events are point-in-time when, in fact, they are small journeys in a consumer’s…
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25th July 2021
By
indiafreenotes
Actual Loss Actual loss in insurance represents the actual costs or expenses incurred due to a claim. It makes up…
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25th July 2021
By
indiafreenotes
Life assured: Life assured is the insured person. Life assured is the one for whom the life insurance plan is…
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25th July 2021
By
indiafreenotes
The insurance market has evolved from the establishment of the first automobile insurance policy to the various types of life…
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