Analyst Questions

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

Economic costs add the opportunity costs of a firm using its own resources while accounting costs do not.

Howard Gardner defines intelligence as an ability to solve problems or to fashion products that are valued in one or more cultural setting. He suggested that all people have different kinds of intelligences. Gardner proposed that there are eight intelligences.

They are ::

1. Visual-Spatial Intelligence


2. Linguistic-Verbal Intelligence


3. Logical-Mathematical Intelligence


4. Bodily-Kinesthetic Intelligence


5. Musical Intelligence


6. Interpersonal Intelligence


7. Intrapersonal Intelligence


8. Naturalistic Intelligence.

The term market in economics refers to the place or arrangement where the buyers and sellers come to contact directly or indirectly for buying and selling goods. Market refers to not a specific or particular place it is the place for commodities..

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Mount Damavand is the highest peak in Iran and also a potentially active volcano.

Microeconomics deals with the 

* Allocation of resources of the economy as between production of different goods and services.

* Determination of prices of goods and services.

* Behavior of industrial decision makers.