Question
Which international organization signed a ₹500 crore
agreement with Axis Bank to promote the blue economy in India?Solution
The International Finance Corporation (IFC), a member of the World Bank Group, signed a ₹500 crore agreement with Axis Bank to support India’s blue economy initiatives. The funding aims to develop sustainable ocean-based businesses.
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
In case of Giffens goods, price effect is
From the resource allocation point of view, perfect competition is preferable because
Shifts in demand curve as shown in the figure below represents
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
When the economist speaks of an increase in demand, he is usually referring to a ____________________
Elasticity of demand measures the
Pricing decision includes
Which one of the following is not the function of a managerial economist?
Elasticity of demand is based on which of the following factors?
