Welcome to our blog where we dive into the world of economics and consumer behavior. We explore the difference between marginal and total utility this shows our decision and satisfaction in a world with limited resources. Define Utility Satisfaction drawn by the consumer from consuming a certain amount of good Read more…
The business cycle is also known as the economic cycle, Well it is used to understand the rise and fall of the economy of the countries. Where there are phases to show the position of the country. let’s dive deep to understand what is a business cycle is and its Read more…
The NAFTA stands for the North American Free Trade Agreement it is one of the biggest trading blocks. Why was NAFTA created? NAFTA is created to eliminate the barriers of import and export between the countries. NAFTA consist of three countries that is Canada, Mexico, and the United States. How Read more…
