In which of these two statements "supply" and "demand" used correctly?
"In corn market, demand often exceeds supply and supply sometimes exceeds demand." "The price of corn rises and falls in response to changes in supply and demand."
What are the Steps to analyze modifications in equilibrium?
Can someone help me in finding out the right answer from the given options. The basic difference between the dollar amounts people would willingly to pay for a particular quantity of a good and the amounts that they do pay at a particular market price is termed as: (1
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
What is meant by the term business cycle as described by economists?
Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone
From the heterodox approach, what options does the enterprise have to produce more output? What impact do these options have on its cost structure?
Can anybody suggest me the proper explanation for given problem regarding problem of scarcity in economics generally. The problem of scarcity means that the origin for each economic activity is to: (v) facilitate s
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Describe whether the sale of old scooter is comprised in national income?
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