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Return on Equity: It's a measure of business profitability equal to net after-tax income divided by average level of shareholders' equity in the business.
Sales Tax: A tax imposed as a proportion of consumer spending on specified services or goods. Also called a ‘value-added' tax.
What is the difference between Price inflation and Wage Inflation? Price inflation is the rate of enhance in the prices of goods and services whereas the wage inflation is ra
1. Suppose that Mr. John has the following Cobb-Douglas utility function U = 6X^2/3y^1/3 the market price of X and Y commodity are $1 and $2, respe
What is elasticity of supply
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
illustrate graphically the influence of an increase in immigrants on the market supply of labour
#what is exceptional supply curve
1. Assessment Criteria The coursework will be marked on the overall outcome including: structure, quality of reasoning, quality of written English, data analysis, referencing, sty
CROP PATTERNS: Analysis of crop patterns in India should relate to the following aspects: a) The relative significance of different crops/crop groups in the overall area u
1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current
Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica
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