QnA - Dev Library Questions and Answers

Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Give two examples of economic wants.

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Name the resources used in the production of wheat.

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

When does a desire become a want?

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

State two characteristics of wants.

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Why are all wants not satiable?

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Give one example to show that wants arise and grow.

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

How does a desire differ from a want?

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Government should raise taxes on industries that cause pollution is a normative statement. Why?

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Why is the following statement a positive statement? "a rise in the price of a commodity results in a fall in quantity demanded of commodity".

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Asked by Nikita Chetry
Latest Answer: 16 days ago
In: Commerce

Why is the study of sugar industry a subject-matter of micro- economics?

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