Commerce

The primary market is rooted in a specific location . Conversely, the secondary market physically exists.

The break-even point is that sales level at which a corporation produces exactly zero profit given a hard and fast amount of fixed costs.

macroeconomic theories include theories of economic growth and development, national income, money, international trade, employment, and general price levels.

Scope of business economics is the application of economic theory and methodology to business.

Diseconomics of scale occurs when the long-term average cost of an organization increases. It can occur when the tissue becomes excessively large.

David Ricardo, an English classical economist, first developed a Ricardian theory of rent in 1817 to explain the origin and nature of economic rent.

e-Rupi is designed as a digital payment system which enables users to access the service with the help of SMS or QR bar.

CBDC is a national digital currency or digital form of fiat currency of a country.

NEFT stands for National Electronic Fund Transfer is a centralised payment system of India.