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The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good. The law of supply says that at higher prices, sellers will supply more of an economic good. From the seller’s perspective, the opportunity cost of each additional unit that they sell tends to be higher and higher.
The JIVA programme will be implemented on a pilot basis in 25 projects across 11 states covering how many agroecological zones?
In the banking market in 2020, which two banks have contributed maximum in the industry profits?
When traders first sell securities without first borrowing them or having possession of those securities, that is called:
What is the objective of the Bima Sugam – Insurance Electronic Marketplace Regulations, 2024?
Consider the following statement about Pradhan Mantri Kisan Samman Nidhi (PM-KISAN):
I. Under the scheme, the Centre transfers an amount of Rs...
Who has been appointed as a Vice-Chairperson of NITI Aayog by the Centre recently in April 2022?
What is the minimum amount that can be transferred through the RTGS mode ?
What is the target for Fiscal Deficit as a % of GDP for FY23 as given in the Union Budget 2022-23?
RBI has decided to increase the incentives being paid to the banks for the distribution of coins from Rs. 25 per bag to ____ per bag?
Which is the main indicator, the breach of which, would activate the Counter-Cyclical Capital Buffer?