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Q. What do you mean by Bond?
Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period, at a specified rate of interest. Bond can then be bought and sold to other investors, over and over again. When rate of interest falls, bond prices rise (and vice versa) - Because when interest rates are lower, bond's promise to repay interest at specified fixed rate becomes more valuable.
Suppose scientists discover that eating soybeans prevents cancer and heart disease. What effect would you predict on the price of soybeans?
Define Nash equilibrium
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what is the basis of marginal utility
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Marginal utility - It is the measure of the additional satisfaction obtained from consuming one additional unit of good. * Marginal Utility: An instance - The marginal u
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