Questions

Price and quantity supplied move in the same direction. As the price decreases, quantity supplied also decreases and viceversa.

The goal of a statement of purpose is to indicate what is expected to be accomplished in doing an experiment.

IC's (Integrated Circuits) also called as Chips or Microchips whose invention allowed computers to be smaller and smaller.

IP addresses are converted to a domain name by DNS - Domain Name System.

On the basis of magnetic properties, substances are classified into three groups namely diamagnetic, paramagnetic and ferromagnetic.

As solids diffuse and reorder very slowly under ambient conditions, the net, directionally dependent (anisotropic) magnetic moment can persist. Conversely, liquids and gases freely tumble and reorder: water rearranges every few pico seconds (10^12 times per second).

Hence liquids and gases can never show ferromagnetic properties.

When exports are greater than imports, net exports are positive and similarly, when imports are greater than exports, net exports are negative.

When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP.

Economic growth is measured by the percentage of gross domestic product. GDP refers to the total value of goods and services produced in the country.

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.

2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.

3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.

4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.

5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.