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Q. What do you meant by Derivatives?
Derivatives: A derivative is a financial asset whose resale value depends on the value of other financial assets at different points in time. Its value is thus ‘derived' from the value of other financial assets and is thus very difficult to predict. Illustrations of derivatives include futures, options and swaps.
explain the marginal produtivity theory
Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable
consumer surplus and elasticity of demand assumption of consumer surplus criticisms of consumer surplus consumer surplus in terms of indifference curves importance of the concept o
Briefly explain the main macroeconomic objectives of governments. Definition of macroeconomic issues Growth a) Enhance in national income per unit of time, a
3, chapter 12
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod
Question: (a) Assume a firm operates in one location but serves on two distinct markets, namely, 1 and 2. The demand functions are: Market 1: P1 = 40 - 0.3 Q1 Market 2:
The Productivity Growth Slowdown However in 1973 steady trend of climbing rates of productivity growth stopped cold. Between 1973 and 1995 measured growth in output per worker
explain engineering cost
The economic model forecasting involves estimating several simultaneous equations which are generally behavioural equation mathematical identities and market clearing equations. T
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