what is polar regions

Ræjû Bhæï answered  •  May 14, 2020
The polar regions, also called the frigid zones, of Earth are the regions of the planet that surround its geographical poles (the North and South Poles), lying within the polar circles.

A monopoly based on sole state ownership of production and distribution network is known as….…. (a) Natural monopoly (b) Technological monopoly (c) Government monopoly (d) Geographical monopoly?

Ræjû Bhæï answered  •  May 14, 2020
(A) Natural monopoly.

A natural monopoly is a type of monopoly that comes into existence when the seller pays a high price for setting up or conducting the business. It can also be seen in an industry which requires unique raw material, technology to operate. Hence, a monopoly based on sole state ownership of production and distribution network is known as the natural monopoly.

The meaning of trade by batter?

Ræjû Bhæï answered  •  May 14, 2020
In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.

Explain Schumpeter's innovation theory of profit?

Ræjû Bhæï answered  •  May 14, 2020
𝙎𝙘𝙝𝙪𝙢𝙥𝙚𝙩𝙚𝙧’𝙨 𝙄𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙏𝙝𝙚𝙤𝙧𝙮 𝙤𝙛 𝙋𝙧𝙤𝙛𝙞𝙩𝑇ℎ𝑒 𝐼𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛 𝑇ℎ𝑒𝑜𝑟𝑦 𝑜𝑓 𝑃𝑟𝑜𝑓𝑖𝑡 𝑤𝑎𝑠 𝑝𝑟𝑜𝑝𝑜𝑠𝑒𝑑 𝑏𝑦 𝐽𝑜𝑠𝑒𝑝ℎ. 𝐴. 𝑆𝑐ℎ𝑢𝑚𝑝𝑒𝑡𝑒𝑟, 𝑤ℎ𝑜 𝑏𝑒𝑙𝑖𝑒𝑣𝑒𝑑 𝑡ℎ𝑎𝑡 𝑎𝑛 𝑒𝑛𝑡𝑟𝑒𝑝𝑟𝑒𝑛𝑒𝑢𝑟 𝑐𝑎𝑛 𝑒𝑎𝑟𝑛 𝑒𝑐𝑜𝑛𝑜𝑚𝑖𝑐 𝑝𝑟𝑜𝑓𝑖𝑡𝑠 𝑏𝑦 𝑖𝑛𝑡𝑟𝑜𝑑𝑢𝑐𝑖𝑛𝑔 𝑠𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙 𝑖𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛𝑠.𝐼𝑛 𝑜𝑡ℎ𝑒𝑟 𝑤𝑜�... more

Consumer behavior?

Aditya Raj Singh answered  •  Apr 17, 2020
Consumers and producers determine the price of commodity. consumer occupy a pivotal place in the economic activity he is an agent who consumes goods or services for satisfaction of his wants.THE SATISFACTION OF WANTS IS THE THE BEGINNING AND END OF ALL ECONOMIC ACTIVITIES.
The objective of consumer is to get maximum satisfaction from expenditure incurred on various goods and services.Therf
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pls provide me with a producers equilibrium notes in detail ?

Asif Hussain answered  •  Mar 06, 2020
The producer will be in equilibrium when he is earning maximum profit. According to MC-
MR approach, producer strikes his equilibrium when two conditions are satisfied
(a ) MC = MR, and
(b) MC curve must cuts MR curve from below or MC curve should be rising.
Explanation of Conditions
(i) So longs as MC is less than MR, it is profitable for the producer to go on pro
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Asif Hussain answered  •  Mar 06, 2020
Notes on Indian economy will be available within 5 dayw
I have prepared around 90% and will upload very soon ..under my new course Indian economy notes 2020

Is there is anything to change in India ?

Abhishek Mishra answered  •  Jan 16, 2020
In our nation there is not even a single thing which do not need to be changed. And we are on this land to bring that change for a prosperous future.

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