Question
What are super normal profits made by companies due to
an unprecedented event, as indicated in the para above, known as?Solution
Windfall gain (or windfall profit) is an unexpected gain in income from an unforeseen source/event. Windfall gains may take place due to sudden steep rise in prices of a commodity or extreme shortage of a resource, asset or product. For an individual, windfall gain could be a sudden spike in income due to one-time events like inheritance of property, money gained on selling property when its prices increase dramatically, etc. Windfall gain may also refer to gains from winning a lottery, betting income etc. A windfall tax is a one-off tax imposed by a government on a company on such windfall gains, which is over and above the normal rates of tax.
A neutral atom has 9 electrons and mass number is 19. What is the number of neutrons in the atom?
What happens when dilute hydrochloric acid is added to iron fillings ?
The force which opposes the relative motion between different layers of liquid or gases is called –
What is the name of the outermost layer of the Earth?
Which of the following is an unsaturated hydrocarbon ?
Which one of the following wave- lengths of light is most effective in photosynthesis?
_________ is a technique where the plants are grown with their roots suspended in the air.
Two identical metallic spheres are charged. One has +Q charge, the other –Q charge. They are connected by a conducting wire. After equilibrium:
...Which of the following statement(s) is/are true?
I. During inhalation ribs move out
II. During exhalation ribs move in
The leading producer of Muga silk in the world is: