AIEEE Questions

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The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

If the price of a product rises, the demand for the substitute product increases.

Now to find the difference in the given fractions, 1/2 - 1/8

First take the LCM of 2 & 8

LCM of 2 & 8 is 8

Then,

1/2 - 1/8

= (4 - 1)/8

= 3/8

Hence, 1/2 - 1/8 = 3/8.

Indus Valley Civilization flourished during 2500-1750 B.C. Indus Valley Civilization is also called as Bronze age civilization.

Due to the molecules present in the 2,2-dimethylbutane are closely packed, it has the highest boiling point.