What is black marketing, Microeconomics

Assignment Help:

What is black marketing? 

Black Marketing means hoarding of sure commodity to sell it at higher prices. But it is an illegal activity in the economy and makes artificial shortage of that commodity and lead to temporary condition of higher inflation in the economy. 

 


Related Discussions:- What is black marketing

Insurance - reducing risk, Insurance - Risk averse are willing to pay t...

Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r

Environmental effects of the use of robots in factories, A 1500 word resear...

A 1500 word research paper on the economic, social or environmental effects of the widespread use of robots in factories (this meets Learning Outcome 4)

Money multiplier, Should the bank not have anyone to lend the demand deposi...

Should the bank not have anyone to lend the demand deposit to (like that will ever happen) would the size of the money multiplier decrease? If so, why?

Long Run Graph Question, If there is an industry and some of the companies ...

If there is an industry and some of the companies get shut down, how would you graph the short run and long run effects

Assignment: Profit Maximization, After I figure a table what do I do with i...

After I figure a table what do I do with it? I have no book and no study materials to answer my question

Devil''s advocate, Devil's Advocate Explicit role undertaken by a grou...

Devil's Advocate Explicit role undertaken by a group member who actively questions and challenges the group's ideas, procedure, and decisions. Such active questioning helps de

Indifference curve and budget line, how the increase in price will affect c...

how the increase in price will affect consumer''s ability to maximise satisfaction?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd