Indian Economy Questions

If an unintended increase in business inventories occurs

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

_______________________ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.

What denotes offering several products for sale as one combined product?

A growing country is one with ___________ there.

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.