economics
surpluses drives price down, shortages drives them up
Illustrations of transfer programs do not comprises: (w) welfare payments. (x) food stamps. (y) aid for dependent children (AFDC). (z) corporate income taxes. Hello guys I want your advice. Please recommend some vi
Name the additional facility that the businessman acquires in the current deposit account of bank. Answer: The businessman acquires the facility of overdraft (that
Indirect taxes: Whenever the liability to pay tax is on one person and the burden of that tax falls on another person, it is termed as indirect tax. Illustrations are: sales tax, excise duty, VAT, tax on services and so on.
If compared to competitive advertising, in that case informative advertising tends to: (1) help consumers make more satisfying choices. (2) be a waste of resources. (3) increase transaction costs. (4) be less efficient than competitiv
Individual pure competitive firms as well as firms along with market power may each be capable to: (i) reduce average total costs by increasing the size of its operations or economies of scale else decreasing the size of its operations [as diseconomie
The Demand curves are negatively-sloped mainly as people: (1) Encounter advertising which molds the product images. (2) Have less purchasing power if prices fall for the things they sell. (3) Use goods which rise in price less, and expand the utilizat
For a monopsonist in the labor market, the marginal resource cost of labor is:
Is there competition between the producers in Canada?
Define monetary policy? What monetary measure can be accepted to control the condition of excess demand? It is the policy accepted by central bank exercising control over money rate of interest and credit situatio
Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.
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