give two examples of microeconomic and macroeconomics studies?
differentiate between national income and per capita income. Increase in real per capita income means increase in per capita availability of goods and services. Does it necessarily mean rise in the welfare of the people os the country? Give one argument in support of your answer and explain the same .
state the problems of barter system of exchange. How does money solve them?
distinguish between Explicit cost and Implicit cost and given example
plz show ans in this question on point....
what is the difference between MRS(marginal rate of transformation), MRS(marginal rate of substitution), MOC(marginal opportunity cost)?
what are merits and demerits in plastic money
production possibility curve is concave to the origin. explain with the help of a numerical example.....
difference between budget set and budget line?
'' scarcity is the root cause of economic problem''.explain 3mm
explain why it is said that economic growth is a race between depletion and invention ?
Discuss the subject matter of economics.
give two examples of microeconomic and macroeconomics studies?
sales in domestic market 3500
purchase of materials 600
consumption of fixed capital 150
total sales 10500
excise duty 145
opening duty 100
intermediate consumption 1050
closing stock 85
net factor income from abroad 75
differentiate between national income and per capita income. Increase in real per capita income means increase in per capita availability of goods and services. Does it necessarily mean rise in the welfare of the people os the country? Give one argument in support of your answer and explain the same .
state the problems of barter system of exchange. How does money solve them?
distinguish between Explicit cost and Implicit cost and given example
plz show ans in this question on point....
what is the difference between MRS(marginal rate of transformation), MRS(marginal rate of substitution), MOC(marginal opportunity cost)?
what are merits and demerits in plastic money
production possibility curve is concave to the origin. explain with the help of a numerical example.....
difference between budget set and budget line?
scarcity refers to a situation when demand exceeds its supply even at zero price .
'' scarcity is the root cause of economic problem''.explain 3mm
explain why it is said that economic growth is a race between depletion and invention ?
Discuss the subject matter of economics.