Define deficit budget
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
Let think about the law of demand. The idea that a big price for a normal good will outcome in less of the good being bought never based logically on the: (i) Income effect. (ii) Demand for the good falling since of the higher price. (iii) Law of redu
The curves demonstrated in this figure reflect that: (i) operation in the short run since fixed costs can be measured in the graph. (ii) a disequilibrium that will force some competitors to exit this market. (iii) how firms innovate new technologies in response to pro
In the quintile distribution of income, the term "quintile" represents
Table illustrates the average retail price of milk and the Consumer Price Index from the year 1980 to 1998. Q : How much loss an industry bear How much How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.
How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.
Can someone help me in finding out the right answer from the given options. The Economists state that a market is cleared when the price is in such a manner that: (i) Each and every good produced is sold. (ii) Quantity and Price are equal. (iii) Surplus demand surpass
The non-discriminating organization with monopsony power in the labor market confronts the: (i) Wage rate which consistently surpasses the marginal revenue. (ii) MRP less than w. (iii) MFC which surpasses w. (iv) Monopolistic seller of the organization’s output.
All of the following rise the expected rate of return on R&D expenditures, except: A) patents. B) trademarks. C) imitation by others. D) trade secrets
I have the quantity functions of demand and supply for two different goods, and I have to find the equilibrium of both the goods. Would I make all four functions equal to each other to find the equilibrium for the two goods? Or am I supposed to do something else?
What do you mean by the term Cumulative Effect?
18,76,764
1957184 Asked
3,689
Active Tutors
1438801
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!