The price elasticity of supply measures the responsiveness of a change in price and the corresponding change in quantity supply.The elasticity of supply is a positive […]
Micro-finance refers to small savings, credit and insurance services extended to socially and economically disadvantaged segments of society. Indian context terms like “Small and Marginal Farmers”, […]
Savings help cushion the business cycle as the economy faces hard economic situations (Syden, 2014). To have a sustainable economic growth, there is a need for […]