Hill is related to mountain in the same way as
Hill is lower in height as compared to mountain, similarly, good is lower in quality as compared to excellent.
Elistan can produce either 5 monster trucks or 10 cans of silly string in a day. What is the opportunity cost of one can of silly string?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
The concept of vicious circle of poverty is associated with
For a monopoly firm, which of the following equalities is always true?
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
A consumer demand curve can be obtained from
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
Which of the following is true for Disposable Income?
Non-spherical errors are related to
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
