Define utility
Utility: The wants satisfying power of a commodity is termed as utility.
Interest rates tend to be negatively associated to: (w) household preferences for more liquid assets. (x) typical rates of return on alternative investments. (y) household willingness to delay consumption. (z) investor optimism concerning rates of ret
Types of Cost: A) Direct costs: clearly chargeable to a work package: labour materials equipment other Q : Categorizing goods into intermediate Describe the basis of categorizing goods into intermediate and final goods. Give appropriate illustrations.
Describe the basis of categorizing goods into intermediate and final goods. Give appropriate illustrations.
Discuss the impact of a monopoly on the welfare of the citizens of the country. In your discussion you should include policies that can be implemented by the government too reduce the abuse of dominant position in the market.
Clean drinking water is accessible at a much lower price than the costs of equal amounts of gold. This actuality is most reliable with the outcome that whenever a consumer is in equilibrium, then the: (i) Net utility of water is very higher than its marginal utility,
Bank rate: This is the rate of interest at which central bank provides loan and advance to commercial banks.
When the Bank of England issues perpetuities which pay of £100 yearly, forever, beginning one year by today, in that case at an interest rate of 5 percent the price of that bonds is: (1) £9,500. (2) £5,000. (3) £2,000. (4) &pou
For Cournot’s Spring Water the demand is relatively price elastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e. Q : Price discrimination in markets Price Price discrimination is probably in markets: (w) for medical services. (x) for wheat sold by farmers. (y) for bread sold by grocers. (z) where all consumers have identical demand curves. Can anybody suggest me the
Price discrimination is probably in markets: (w) for medical services. (x) for wheat sold by farmers. (y) for bread sold by grocers. (z) where all consumers have identical demand curves. Can anybody suggest me the
The labor union contracts, a comparable worth rule, or minimum salary laws might boost up equilibrium employment when a firm has been practicing: (v) Price discrimination. (w) Monopolistic exploitation. (x) Feather-bedding. (y) Blacklisting. (z) Monopsonistic exploita
18,76,764
1961146 Asked
3,689
Active Tutors
1455280
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!