Question
When a firm’s decision to produce decreases the
wellbeing of others, but the firm does not compensate those others. It is a case of______.Solution
Negative Production Externality (MSC > MPC) is whe re a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. Examples include air and noise pollution from the production process, the dumping of waste and effects of deforestation .
The union government has decided to increase the term of wholetime directors in public sector banks, including MD & CEOs, to how many years?
Which of the following types of Indian dances does NOT involve themes related to Lord Krishna?
Eastern Army Commander Lieutenant General Manoj Pande has been appointed as the next chief of which of the following?Â
Who became the first Indian man to win a gold medal in 3000m steeplechase at the Asian Games?
Where is theheadquarter of UN-Habitat?
Karan Vandana (DBW 187) is a type of which of these of the following?
Which of the following statements are correct regarding the Union Public Service Commission?
A. The Parliament has the power to make regulations ...
Which sports have been provisionally removed from the program of 28 "core" Olympic events by the IOC for the LA 2028 olympics?
The Reserve Bank of India was nationalised on ________.Â