Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
When cost of a foreign currency increases its supply too increases. Elucidate why?
What stage of the business cycle is our economy experiencing at present time? proof your answer.
Question: Suppose firm 1 and firm 2 merge. Call the new firm A. It has output xA and profit πA. Suppose there is Cournot competition after the merger. For now, we assume that the marginal cost of Firm A, the mer
What is Supply schedule and how it is related to supply curve?
The market price you pay for each and every particular goods you purchase regularly is probably most closely associated with the last unit of each and every good’s: (1) Marginal utility. (2) Total utility. (3) Producer surplus. (4) Consumer surplus. (5) Economic
what are the four supply factors of economic growth
Define the term Supply curve.
What happens when AD > AS past to full employment level of employment?
The origin of economic growth can be traced back to Adam Smith's Wealth of Nations. InSmith's view, economic growth of a nation depends on the 'division of labour' and specialization, and is limited by the limits of div
A tax will be backward-shifted totally when the: (i) demand curve is vertical and the supply curve is slopes up. (ii) demand curve slopes down and the supply curve is vertical. (iii) supply curve is perfectly elastic and the demand cu
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