Economics: Theory of Supply (Elaborated) For International Students: Supply Theory Basics With 100 Questions And Answers (Principles of Economics Series)

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Unlock the intricacies of economic supply with “Economics: Theory of Supply (Elaborated) For International Students.” This comprehensive guide is tailored specifically for students worldwide, providing a thorough exploration of the theory of supply within the global economic landscape.

Dive into the fundamental principles of supply and discover how producers respond to market dynamics. This book offers a meticulous examination of supply schedules, market forces, and the factors influencing the quantity of goods and services producers are willing to offer.

 

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Key Features:

Theory of Supply

Types of Supply

Composite Supply

20 Factors Affecting Supply

Difference Between Change In Supply And Change In Quantity Supplied

Price Elasticity of Supply

Types of Price Elasticity of Supply

Interaction of Demand and Supply

Excess Demand/Shortage

Excess Supply/Surplus

Demand and Supply Function expressed in mathematical terms to determine equilibrium price and quantity

100 questions and answers on supply theory including:

20 questions and answers in theory of Supply

20 JAMB objective questions and answers in theory of Supply

20 fill-in-the-gap questions along with their answers on the theory of supply

40 multiple-choice objective questions along with their answers related to the theory of supply.

Global Perspective: Tailored for international students, this book integrates examples and case studies from diverse economies, offering a well-rounded understanding of supply theory in various contexts.

In-Depth Analysis: Delve into the intricacies of Price Elasticity of Supply, types of supply, and the factors affecting supply through detailed analyses and real-world examples.

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Interactive Learning: Engage with the material through thought-provoking exercises, case studies, and interactive elements that reinforce key concepts and encourage critical thinking.

Comprehensive Coverage: Covering everything from the Law of Supply to the interaction of demand and supply, this book ensures a thorough understanding of supply theory, preparing students for academic success and real-world application.

Accessible Language: Written in clear and accessible language, this book breaks down complex economic concepts, making them understandable for students with various levels of prior knowledge.

“Economics: Theory of Supply (Elaborated) For International Students” is not just a textbook; it’s a guide that empowers students to navigate the complexities of economic supply in a globalized world. Whether you are a budding economist or a student exploring the principles of supply for the first time, this book is your passport to a deeper understanding of the economic forces that shape our interconnected world.

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