Indirect taxes are a type of tax that is levied on goods and services rather than on individuals or organizations directly. These taxes are...

How does the Market Economy Benefit the Society: A market economy is an economic system where the means of production are privately owned, and...

Demerit goods are products and services that are considered to be harmful to individuals or society as a whole. In order to discourage consumption,...

A monopoly is a specific type of market structure characterized by a single supplier controlling all production and sales of a particular product or...

The SIX Functions of the Competition Commission as Per the Competition Act of 1998, South Africa. The Competition Commission of South Africa was established...