Who will get the goods and services
Who will get the goods and services?
Expert
1. The answer to this question is directly related to how the income is distributed among the individuals and the households and the tastes and preferences of consumers.
2. Products go to those who are willing and able to pay for them.
3. The productivity of the relative supply as well as the resources of particular resources also the possession of resources will determine the income of individuals and households.
4. The resource markets are linked to this decision, which conclude income.
Describe the Functional distribution of income?
Explain this statement: “If resources were unlimited and freely available, there would be no subject called economics.”
Define the term Mixed Economy and also state their advantages and disadvantages?
Is transfer income involved in national income? Explain Why? Answer: No, since transfer income does not effect in the production of services and goods.
Write down the common factors influencing capital structure?
Explain the slope of a straight line is the ratio of the vertical change to horizontal change between any two points on the line?
Explain determining the types of the various products that will be produced?
What is the difference between qualitative data and quantitative data, provide an example of each.
Give a brief introduction of the term Cost of equity shares?
Opportunity Cost:Whenever you select a particular alternative, the next best alternative should be given up. For illustration, when you desire to watch cricket highlights in T.V., you should
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