Effects of Globalization
On Indian industry what are the effects of globalization?
Expert
Indian industry has progressed a lot due to Globalization . So many improvement has been seen in our Indian industry.
When Perpetual Motion Corporation’s recently-invented and patented teleporter buttons have no close substitutes, in that case Perpetual Motion operates: (1) along with absolute certainty of realizing a pure economic profit. (2) in violation of the laws of demand
Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.
I have a problem in economics on Consumers and corrupt governmental processes. Please help me in the following question. John Kenneth Galbraith believes that the big corporations: (1) Must be broken up to the foster competition. (2) Manipulate the con
The labor union contracts, a comparable worth rule, or minimum salary laws might boost up equilibrium employment when a firm has been practicing: (i) Price discrimination. (ii) Monopolistic exploitation. (iii) Feather-bedding. (iv) Blacklisting. (v) Monopsonistic expl
The official “poverty line” computed by the federal government is the income level needed to meet the perceived fundamental needs of families along with differing characteristics as size, location, etc. Therefore, it is based on: (1) a rel
Whenever kids abandon a short-lived fad for Dinosaur action figures, this would be exhibited by the: (1) Left-ward shift of demand curve. (2) Right-ward shift of supply curve. (3) Right-ward shift of demand curve. (4) Left-ward shift of supply curve. (5) Movement down
Buying low within one market and riskless selling at a higher price into another is termed as: (1) speculation. (2) arbitrage. (3) capitalization. (4) marketeering. (5) profiteering. Please choose the right answer from above...I wa
Tacit collusion through oligopolists is possible when: (w) agreed to by the government. (x) a price leader is visible. (y) the oligopolists succeed in forming a cartel. (z) very few firms control the market. How ca
Unlike the competitive employers, profit-maximizing firms with the monopsony power will: (1) Set any salary they want and hire as lots of workers as they want. (2) Make any amount and charge any price they desire for output. (3) Be expected to try to make the most of
When the equilibrium price of wheat is $50 per ton and the marginal cost of the last ton of wheat generated is $70, there is: (w) an efficiency loss to society from over-production. (x) an efficiency loss to society from underproducti
18,76,764
1927488 Asked
3,689
Active Tutors
1456740
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!