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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
Why the production possibility curve slopes downward from left to right?
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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
How will an increase in the price of inputs shift the supply curve?
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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
What will be the effect of price change on supply of a commodity with perfectly inelastic supply?
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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
Define the term scarcity as used in economics.
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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
Briefly explain any four functions of the RBI.
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- Asked by Kapil
- Latest Answer: 27 days ago
- In: Commerce
Write down some of the limitations of using GDP as in index of welfare of a country.
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- Asked by Kapil
- Latest Answer: 28 days ago
- In: Commerce
What is an isoquants? Why are the isoquants downward sloping?
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- Asked by Kapil
- Latest Answer: 28 days ago
- In: Commerce
What is meant by Return to Scale? Give the meanings of various stages of Return to Scale.
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- Asked by Kapil
- Latest Answer: 28 days ago
- In: Commerce
Can there be some fixed cost in the long run? Justify your answer.
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- Asked by Kapil
- Latest Answer: 28 days ago
- In: Commerce
Mention any two important factors determining price elasticity of demand.
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- Asked by Kapil
- Latest Answer: 28 days ago
- In: Commerce
Distinguish between positive economics and negative economics.
Assam Board Solutions
