Questions

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

The demand curve facing a perfectly competitive firm is

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

Sensitivity of potentiometer can be increased by

If a ball is thrown vertically upwards with a velocity of 40 m/s, then what will be the magnitude of its displacement after 6 s?

In a Parliamentary form of Government ___________