Major topics of business economics:
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Business economics is a field of applied economics that studies the financial, organization, market related and environmental issues faced by corporation. people in business can store data not only in their computers, but also in external storage device, such as online services in case of huge generations of data. It provides quick and cost-effective communication. Administration costs have also reduced by linking various parties, such as insurers, consumer, service provider, and financial institutions. Business economics subjects such as the concept of scarcity, product factors, distribution and consumption.
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