Economics

Paradox of Value

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What do we mean by “Value”? Today economics defines Value as being synonymous with “Price of a commodity”. Though there…
Economics

Options Payoffs

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The payoff concerned with options different from that of conventional securities like common stock or shares, where the payoff is…
Marginalism
Economics

Marginalism

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If we go by general definition of a word ‘Margin’ then it simply means an amount beyond the minimum necessary…

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