ECO-01 Business
write an explanatory note on OTCEI.
Why entertainment tax comes in indirect tax? Answer: Since its burden can be shifted to others.
Suppose that, based on a nation’s production possibilities curve, for 10,000 pizzas domestically an economy must sacrifice to get the one additional industrial robot it desires, but can get that robot from another country in exchange for 9,000 pizzas. To the fol
How will the goods and services be produced?
Question: Max has a utility function U =√ x1x2 where x1 is litres of ice-cream and x2 is boxes of strawberries. The marginal utility of a litre if ice-cream is
What are the dependencies in U.S. and World Trade?
What explains why millions of economic resources tend to get arranged logically and productively rather than haphazard and unproductively?
Describe briefly Operating income approach?
Illustrate “Other Things Equal” Revisited in Supply and Demand, and Equilibrium?
What happens to the demand curve when each of these determinants changes?
Describe two kinds of efficiency Full production imply?
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