The main difference between merit goods and public goods is that merit goods are excludable and...
Category - Economics
What is the Difference Between Internationalization and Globalization
The main difference between internationalization and globalization is that internationalization...
How to Find Equilibrium Price and Quantity
Equilibrium is the situation where we can see the equality of market demand quantity and supply...
Difference Between Free Market Economy and Command Economy
Main Difference – Free Market Economy vs Command Economy Economics can primarily be...
What is Diminishing Marginal Returns, Why Does It Occur?
What is Diminishing Marginal Returns Diminishing marginal returns is a theory in economics that...
What is PPF in Economics
Every economy performs with a limited amount of resources, but expects to produce goods and...
Difference Between Call and Put Options
Main Difference – Call vs Put Option The financial market in an economy consists of different...
Difference Between Marginal Analysis and Incremental Analysis
Main Difference – Marginal Analysis vs Incremental Analysis Making effective decisions in the...
Difference Between Financial Crisis and Economic Crisis
Main Difference – Financial Crisis vs Economic Crisis Every country has its own economic...
Difference Between Opportunity Cost and Trade Off
Main Difference – Opportunity Cost vs Trade Off Opportunity cost and trade off are two...