Define Economic

May 20th, 2015
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According to Marshall, Law of Demand states that amount demanded increases with a fall in price and diminishes when price increases, others things being equal.

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lient:In commercial, organizational and technical terms, a self-contained unit in an R/3 System with separate master records and its own set of tables.Company Code:The smallest organizational unit of Financial Accounting for which a complete self-contained set of accounts can be drawn up for purposes of external reporting.Business Area:An organizational unit of financial accounting that represents a separate area of operations or responsibilities within an organization and to which value changes recorded in Financial Accounting can be allocated.Enterprise structure:A portrayal of an enterprise's hierarchy. Logical enterprise structure, including the organizational units required to manage the SAP System such as plant or cost center. Social enterprise structure, description of the way in which an enterprise is organized, in divisions or user departments.The HR application component portrays the social structure of an enterpriseFiscal year variant:A variant defining the relationship between the calendar and fiscal year. The fiscal year variant specifies the number of periods and special periods in a fiscal year and how the SAP System is to determine the assigned posting pe

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