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An increase in globalisation means that there are more companies competing for a domestic companies consumers increasing the competition they have to face.This then means that those ompanies have an incen...

Government policies primarily affecting business consist largely of decisions affecting market regulation and public spending. For some businesses, higher than average levels of regulation are likely to b...

By technical definition a monopoly is a firm which holds 100% of a market, however in the UK the competition authorities define a legal Monopoly as a firm holding over 25% power within a market. Monopolie...

Aggregate demand is the sum of all the consumption, investment government spending and net exports within an economy (AD=C+I+G+(X-M)) An increase in this is seen as typically beneficial as for example an ...

graph explanation, look at excess supply and excess demand, how increasing demand will lead to an increase in price and an increase in supply will lead to a decrease of the price. This will always converg...