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Applied Economics Definition.



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Applied economics is a branch of economics that uses economic theory and principles to solve real-world problems. It is concerned with the application of economic theory to the problems of economic policy. What is applied economics course? Applied economics is a branch of economics that uses economic theory and quantitative methods to analyze real-world economic … Read more

Business Asset.



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A business asset is anything that is used to generate revenue for a business. This can include physical assets such as buildings, machinery, and inventory, as well as intangible assets such as patents, copyrights, and goodwill. Business assets can be divided into two broad categories: operating assets and non-operating assets. Operating assets are those that … Read more