--%>
Assignment Help - homework help

Define Invisible items

Invisible items: All kinds of services that are rendered to or obtained from abroad are termed as invisible items. Such are invisible as these are not made up of any matter or material. The record of such items is not obtainable with the ports. Illustrations: Transport services, Insurance and banking schemes.

   Related Questions in Microeconomics

  • Q : Theory of Monopolistic Competition The

    The theory of monopolistic competition was developed through: (1) Alfred Marshall. (2) John Maynard Keynes. (3) Joseph Schumpeter. (4) Edward Chamberlin. (5) Antoine Augustin Cournot. Please choose the right answer

    		•
  • Q : Define Price discrimination Price

    Price discrimination: The Price discrimination is a situation whenever a monopolist charges distinct price from various buyers of the similar product. This is usually done to maximize profits.

    		•
  • Q : Elasticity and demand of monopolist

    When a monopolist produces output where demand is unitarily elastic, in that case marginal revenue equals: (1) price. (2) infinity. (3) negative infinity. (4) one. (5) zero. I need a good answer on the topic of

  • Q : Burgeoning probably interest rate The

    The interest rate will most likely rise when: (1) households decide to delay consumption, causing the loanable funds accessible for business investments to raise. (2) investors become more optimistic into relation with the profitability of investment.

    		•
  • Q : Implication of the law of demand The

    The law of demand implies a relationship which: (i) Apply merely in the market economy. (ii) Needs government enforcement to work. (iii) Is negative among price and quantity demanded. (iv) Applies merely whenever scarcity is cured.

  • Q : Economic profits maximizing When this

    When this monopolistic competitor produces Q units, this is maximizing: (w) sales development and its market share. (x) total revenue. (y) economic profits. (z) total fixed cost and its managers' salaries.

  • Q : Problem on Market Power and Demand for

    Can someone help me in finding out the right answer from the given options. Imperfect competition in the product markets outcomes in: (i) Less labor hired than when product markets were competitive. (ii) Above the equilibrium wages being paid by the monopolists. (iii)

    		•
  • Q : Signaling definition Can someone please

    Can someone please help me in finding out the accurate answer from the following question. Job applicants employ polished resumes explaining education, skills and work experience, accompanied by the supportive letters of recommendation letters as tools in the procedur

    		•
  • Q : Short run effects of income tax rate If

    If this illustrated figure given Lorenz curves for distribution of income after taxes and transfers, the probably short run effects of 10 percent increases within both income tax rates and government transfer

    		•
  • Q : Normal market supply curves I have a

    I have a problem in economics on Normal market supply curves. Please help me in the following question. The actuality that normal market supply curves slope upward is most obviously due to: (i) The lower costs incurred as production rises. (ii) Overti

    		•