Shortages and surpluses in the market
A shortage as in below graph, during this market for papayas would match up to line: (1) ab. (2) cd. (3) ac. (4) bd. (5) ae. I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.
A shortage as in below graph, during this market for papayas would match up to line: (1) ab. (2) cd. (3) ac. (4) bd. (5) ae.
I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.
Price ceiling: Price ceiling refers to the highest price fixed by the government beneath the market determined price (that is, equilibrium price) so that requirements might be made accessible to the common people at a reasonable price. In India the go
The difference among the price a consumer would have been eager to pay for the commodity and the price consumer really has to pay is termed as: (i) Gain. (ii) The substitution effect. (iii) The income effect. (iv) Consumer surplus.
Define macroeconomics?
Elucidate GNI per capita?
why demand change of onion in during one week due to change in it's price
Characteristics of industries which are not characteristics internal to operations of an individual firm include: (1) potential principal-agent problems. (2) diseconomies of scale. (3) production costs which either increase or decrease like the size of a market not su
For identical level of guaranteed transfer payments, the earn income and incentive to work is probable to be: (w) greater with a negative income tax than with transfers in kind. (x) greater with transfers in kind than
From around 1890 until 1970 year, the “structure-conduct-performance paradigm” dominated theories concerning how firms behave in various types of markets. Here the word “performance” in this context consider to things as: (i) d
When equilibrium moves from point a to point b, the merely market experiencing raise within quantity supplied is demonstrated into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Invisible-hand concept Choose Which one Choose Which one best describes the invisible-hand concept? 1) The desires of resource suppliers and producers to further their own self-interest will automatically further the public interest. 2) The nonsubstitutability of resources creates a conflict between private
Choose Which one best describes the invisible-hand concept? 1) The desires of resource suppliers and producers to further their own self-interest will automatically further the public interest. 2) The nonsubstitutability of resources creates a conflict between private
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