Question
Political parties, when faced with perfect competition,
what type of tariff will they impose?Solution
When political parties are faced with perfect competition, they will impose a zero tariff. In a perfectly competitive global market, any tariff would make domestic goods uncompetitive and would not be beneficial for the economy.
Depreciation of fixed assets is an example of
In a family of 8, the men eat on average 50 kg of food and women eat on an average 35 kg of food. The men and women are equal in number. A woman joined ...
Legacies are generally
Which among the following became the first woman Prime Minister in the world?
Who among the following won the prestigious Sir Richard Hadlee Medal in the New Zealand Cricket Award 2020?
The income of Tina is Rs.27000 and she saves 30% of her income. The savings of Kajal is Rs.3000 more than that of Tina and she spends 40% of her income....
What is Potlet?
Which state is the largest contributor to India’s total natural rubber production?
In March 2022, which bank did RBI direct to stop onboarding new customers?
Consider the following statements:
(1) Article 21 talks about the protection of life and personal liberty.
(2) Article 21 is a part of t...
