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Strong Domestic Economy:
We have to realise that healthy export sector can be built up only on a strong and efficient domestic economic structure. A sound domestic economy is a must if we want a self-sustaining buoyant export sector. We have to build up our own brands internationally and not depend upon artificial supports. Above all, simplicity, transparency and commitment to reforms are a must.
Strengthening the Patent System:
Considering Indian diversity in resource endowments and specially its characteristics as a mega bio- diversity zone of the world, India should strengthen her patent system so that Indian products may not be patented by other countries ahead of her. Various Indian products associated with geographical names need to obtain special treatments like their foreign counterparts in other products.
FUTURE DIRECTIONS: It is often said that the difficult things are the beautiful things, and if they are as vital for healthy national development as an economy, society and po
Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you ex
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short run equilibrium of the industry
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Arc Elasticity of Demand - Arc elasticity calculates elasticity over the range of prices - The formula of it is: * Arc Elasticity of Demand: An Example
Price | Quantity demanded _________________________ 0 250 50 200 100 150 150 100 200 50 250 0 A) Calculate Lorie''s profit-maximizing output, price, and economic profit. B) Do yo
Q=10-2P,PRICE DECREASE FROM RS 3 TO 2
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