Questions

The current Union Minister of Railways in India 2019 is Piyush Goyal. He is also holding the Ministry of Finance for temporary.

The Bill of Rights established the rights of citizens. It is also called as Declaration of rights or Charter of rights. It is a list of most important rights to the citizens of a country.

A circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by excess current from an overload.

When you can't hear it is called as Deaf.

Production costs to an economist reflect opportunity costs.

A practice to learn something is a Lesson.

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.