In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
In the Classical model, the long-run AS curve is vertical. This is because the Classical economists believe that output is determined by the supply of factors of production (labor, capital, and technology) and not by the price level. Prices and wages are flexible, and the economy is always at full employment. Therefore, changes in the price level do not affect the total output in the long run.
Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreem...
Which ethical theory focuses on the consequences of actions to determine their morality?
Retailer is a sub-element of
Supervision and delegation is a part of which phase of management process?
The term Angel investors refers to ________________.
Which of the following does not belongs to traditional control techniques?
Which of the following represents importance of consumer protection from business point of view?
As per section 13 of the RTI Act, 2005, where the Information Commissioner is appointed as the Chief Information Commissioner, his term of office shall...
Which of the following is not a characteristic of a non-durable good?
Which of the following is not the quality of a good leader?