Questions

Prices do not reflect the full social cost of production is an example of Market failure.

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

Salvador Dali

The most important polymer present in the nucleus is DNA- the master molecule. It is a polymer of Nucleotides.

Quality planning - Identifying which quality standards are relevant to the project and determining how to satisfy them

Perform Quality Assurance - Applying the planned , systematic quality activities to ensure that the project employs all processes needed to meet requirements.

Perform Quality Control - monitoring specific project results to determine whether they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

Siva Samudram in Karnatka. The potential for hydroelectric power in India is one of the greatest in the world.

The first hydro-electric power station in India was established in Karnataka at "shivana samudra".