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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
The production function of a firm is given by Q=2L2K2.: Find out the maximum possible output that the firm can produce with 5 units of L and 2 Units of K. What is the maximum possible output the firm can possible with zero (0) units of L and 10 units of K?
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
What do you mean by fixed factor and variable factor of production? Give Examples.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
Explain the relation between AP and MP with the help of suitable diagram.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
State the reasons behind the working of the law of diminishing marginal product.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
Point out two merits and two demerits of indirect tax.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
Distinguish between factor income and transfer income.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
Explain any four causes of disequilibrium in BOP.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
What are the four factors of production? Write down the name of the remuneration to each of them.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
Give the concept of full employment equilibrium.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
State any two measures of fiscal policy to correct, the problem of excess economy.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce
State the concept of depreciation in the context of national income accounting.
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- Asked by Kapil
- Latest Answer: 87 days ago
- In: Commerce