Indian Economy Questions

A minimum wage _____.

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

Which of the following is not an assumption of perfect competition?

Which of the following sets of taxes belongs to Central Government?

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

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