Ano ang Allocative Efficiency

Ano ang allocative efficiency? Hindi mo maiintindihan si Allocative Efficiency unless you have background with both concepts of Marginal Cost and Marginal Benefit.  Now, what is this marginal cost and marginal benefit that I am talking about here? When we say marginal cost,...

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Economic Growth

May palatandaan ang Economic Growth. Ano ang palatandaan? Dalawa! Capital Accumulation and Technological change. Ano ang Capital Accumulation? Kapag sinabi nating Capital Accumulation, nag-i-increase, for example, 'yung resources. At kasama sa resources hindi lang 'yung raw materials kundi isinama...

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