Elucidate GNI per capita
Elucidate GNI per capita?
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A evaluate of the wealth is earned by nations through economic acts all around the world. Gross National Income consists of the total value of goods and services produced in a country (that is, its Gross Domestic Product), mutually with its income obtained from other countries (or notably interest and dividends), and less similar payments made to other countries. It is also termed as GNP.
GNI = Gross Domestic Product + Net property income from abroad.
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Relation between Average cost, aversge variable cost and Marginal cost: Q : Monopolistic competitor in market When When this monopolistic competitor makes Q units: (1) P > MC. (2) MR = MC. (3) total revenue total cost is maximized. (4) MSB > MSC. (5) All of the above. Discover Q & A Leading Solution Library Avail More Than 1441297 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1959275 Asked 3,689 Active Tutors 1441297 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
When this monopolistic competitor makes Q units: (1) P > MC. (2) MR = MC. (3) total revenue total cost is maximized. (4) MSB > MSC. (5) All of the above. Discover Q & A Leading Solution Library Avail More Than 1441297 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1959275 Asked 3,689 Active Tutors 1441297 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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