Define Demand schedule
What is Demand schedule and how it is associated to demand curve?
Expert
Demand schedule: The demand schedule is a table which exhibits the relationship among the price of a good and the quantity demanded. Demand curve is the downward-sloping line associating price and quantity demanded. The demand schedule and demand curve are associated since the demand curve is just a graph exhibiting the points in the demand schedule.
The demand curve slopes downward since of the law of demand—other things equivalent, whenever the price of a good increases, the quantity demanded of the good drops/falls. People purchase less of a good if its price increases both as they can’t afford to purchase as much and since they switch to buying other goods.
The market price you pay for each and every particular goods you purchase regularly is probably most closely associated with the last unit of each and every good’s: (1) Marginal utility. (2) Total utility. (3) Producer surplus. (4) Consumer surplus. (5) Economic
Categorize the borrowings and recovery of loans into capital and revenue receipts of government budget. Give reason too.
the most frequently asked question on foreign direct invetment
What are the strength and weakness of using per capital national income? give explained answer for query
Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
Describe Okun's law? Give an illustration of how it works.
Why is recovery of loans taken as a capital receipt? Answer: Recovery of loans is always treated as a capital receipt since it leads to refuse in financial assets o
Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
18,76,764
1959351 Asked
3,689
Active Tutors
1441618
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!