Question
The difference between value in use and value in
exchange is:Solution
Consumer surplus, also called social surplus in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it.
Which country is the "Country of Focus" at the 55th International Film Festival of India (IFFI) in Goa?
What did India offer to share with ASEAN partners to promote digital transformation?
- What is the central theme of Kashi Tamil Sangamam (KTS 3.0)?
The government has appointed which IT Company as its strategic partner to revamp the Government e-Marketplace (GeM) with an aim to transform GeM into a ...
How much financial allocation has been given to the newly launched Vibrant Villages Programme?
Who were the winners of the Asian Badminton Championship 2024 for men's and women's singles respectively?
Which England player has recently announced his retirement from all forms of cricket?
Which team won the 2015 Pro Wrestling League title?
Who among the following Ace Indian boxer win the Women's World Boxing Championships title for the second time in a row?
The first National Handloom Day in India was celebrated in which city?