The basis of the market mechanism is the interaction of supply and demand. By bringing these concepts together, we can find out how the interaction of household decisions about buying a product and manufacturers’ decisions about selling it determines the price of a product and the amount that is actually bought and sold in the […]
Tag: levels
Methods of accounting for scientific and technological progress
It should be considered generally recognized that over time in an enterprise that maintains a fixed number of employees and a constant amount of fixed assets, output increases. This means that in addition to the usual production factors associated with the cost of resources, there is a factor that is usually called scientific and technological […]
Structure of the national economy and its types
The word structure (Latin structura) means structure, location, order. The structure of the national economy is a stable quantitative and qualitative relationship between its various components. Since the national economy is a complex organism, several types of structures can be distinguished in it. The reproductive structure of the national economy is determined by the fact […]