AIEEE Questions

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The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

Another name for false productivity is Spinning your wheels. They use the term for false productivity because your wheels are spinning as you're doing work but you're not going anywhere i.e, making any progress.

Administered prices are prices set by government or firms which are not determined by regular market forces. They do not vary in response to short-run fluctuations in demand and supply conditions.

Examples include price controls and rent controls.

Arati Saha was the first Indian woman to cross English Channel (between England and France) in the year 1959. She was born in 1940 in Kolkata.

Christianity was founded by hesus Christ in Jerusalem, capital of Israel.