Question
Which of the following is/are the causes of demand
curves moving downwards to the right?Solution
When the quantity of goods is more, the marginal utility of the commodity is less. Thus, the consumer is not willing to pay more price for the commodity and its demand will decline. Also, when the price of the commodity is low, its demand increases. The income effect identifies the change in consumers' demand for goods and services based on their incomes.
Concurrent audit is a part of:
Section 64VA(1) of the Insurance Act specifies a criteria related to sufficiency of assets that every insurer and re-insurer should at all times maintai...
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Under Section 146 of the Companies Act 2013, an auditor has a right to attend any general meeting:
In light of Inventory Management, what does "VED" stand for?
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Accounting has been referred to as the__________of business.
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An interface, that allows a user to interact with the e-commerce vendor in a two-tier architecture, is known as __________.
Wh ich of the following best describes "Drawing Power" in context to a Cash Credit facility given by a bank ?
