Define deficit budget
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
A pure monopolist faces as: (w) a perfectly elastic demand for its product because it can't affect market price. (x) a perfectly inelastic demand for its product. (y) the market demand curve for its product. (z) a constant marginal cost curve.
An unregulated monopoly is a market structure: (w) which is especially inefficient when price discrimination is practiced. (x) inhabited by several firms, all selling identical goods. (y) composed of a single firm which controls the production and pri
The word ‘marginal resource costs’ or ‘marginal factor costs’ signifies to the: (1) Additional cost included in generating an additional resource. (2) Additional cost included in generating an additional unit of the resource. (3) Additional cos
Can someone please help me in finding out the accurate answer from the following question. The outcomes of strikes do not comprise: (i) Losses of the perishable products. (ii) Shipping delays. (iii) Decreased production costs. (iv) Shortages.
What do you mean by Gross Domestic Product of Norway?
In the above diagram, the elimination of discrimination is best represented by:
Refer to the given diagram. As it associate to production possibilities analysis, the law of increasing opportunity cost is reflected in curve:1) A 2) B 3) C 4) D Q : Problems regarding Attributes of Goods I have a problem in economics on Problems regarding Attributes of Goods. Please help me in the following question. The intrinsic characteristics which make or detract from the satisfaction derived from consuming a good are termed as: (1) Attributes. (2) Factors. (3) U
I have a problem in economics on Problems regarding Attributes of Goods. Please help me in the following question. The intrinsic characteristics which make or detract from the satisfaction derived from consuming a good are termed as: (1) Attributes. (2) Factors. (3) U
Name the additional facility that the businessman acquires in the current deposit account of bank. Answer: The businessman acquires the facility of overdraft (that
At price of Rs. 20 the unit quantity demanded is 300 units. Its price downs by 10% its quantity demanded rises by 60 units. Compute price elasticity. Answer: <
18,76,764
1942113 Asked
3,689
Active Tutors
1459964
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!