Economics… Different Types of Goods in Economy 21 Apr 20202 May 2020 Normal Goods - A normal good is a good whose demand increases with increase in income, and demand decreases when income decreases. It has a direct relationship with income. It…
Business… Market Failure – All That You Want To Know 20 Apr 20202 May 2020 What is Market Failure ? Market is a structure that allows buyers and sellers to exchange any type of goods, services or information. The exchange of goods or services, with…
