Question
The Indian Contract Act is based on the principle of
_____________Solution
The Act is based on the principles of English Common Law. It is a body of unwritten laws based on legal precedents established by the courts which influences the decision-making process.
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
If the marginal product function of quibs is positive from 0 to 25 units of quibs, and 0 for 25 units of quibs and above, the total product function of ...
When a straight-line demand curve is tangent to curvilinear demand curve then the elasticity of the curves at point of tangency is
  For a perfectly competitive industry , the Marginal cost of producing good X is Rs.10 and that for a Monopoly firm is Rs.12. The demand function fo...
Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?
I. Curtailment of the fiscal deficit.
COR = 5:1, Savings rate = 12.5%, Population growth rate = 2.5%. Find growth rate of output.
Concepts of displacement and concentration effect in public expenditure are attributed to
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A.C. Pigou an...
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Vaccination dose by some individuals benefits the individuals around them by reducing the pace with which the disease spreads. This is an example of whi...
A dice was rolled 3 times. What is the probability of getting 5 at least once?
In a situation when MRS>Px/Py, the consumer would react by:
