supply law and it's factors
State the Law of supply and explain the factors that affecting supply of commodity
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
What is Demand schedule and how it is associated to demand curve?
Net revenue for Macho Man fake mustaches increases after the price raised from $5 to $7, pointing that demand faced by Macho Man was: (i) Relatively elastic. (ii) Relatively inelastic. (iii) Unitarily elastic. (iv) Perfectly inelastic. (v) Perfectly e
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a reduction in quantity supplied is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D. Q : Principles of macroeconomics Explain Explain the concept of “economies of scale” and “increasing returns”.
Explain the concept of “economies of scale” and “increasing returns”.
What are the Steps to analyze modifications in equilibrium?
What is the role of price in market economies?
A tax is shifted forward when the tax burden causes the: (w) consumers to pay higher prices. (x) lower purchasing power for the party bearing the legal incidence. (y) workers to experience lower take home wages. (z) decreased dividends to corporate st
Explain in short the income approach to evaluate national income. Answer: Under income method to compute the National Income, the steps given below have been taken into account: A) First of all production units tha
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