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UGC Lifts Ban on NMIMS: A Landmark Decision for Education Aspirants 2024-2025

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In a significant move, the University Grants Commission (UGC) has lifted the ban imposed on Narsee Monjee Institute of Management Studies (NMIMS), allowing it to resume offering online and distance learning programs. This decision marks a turning point for both the institution and thousands of students across India and abroad who aspire to study at …

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Economics – Question & Answer

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Define the term “Elasticity of demand.” Discuss different types of elasticity of demand. Also, explain why this concept should be of interest to anyone in business who has a choice to determine the price at which to sell their products. The Elasticity of Demand: Understanding Price Sensitivity in Business Introduction: Elasticity of demand is a …

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Economics- Question & Answer

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“The root of the economic problem is the scarcity of resources while our wants are infinite”. Elaborate the given statement explaining the three types of economic problems faced by an economy in achieving in production and distribution. The Scarcity of Resources and Infinite Wants: Unraveling Economic Problems The statement “The root of the economic problem …

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