Questions

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

The most important determinant of consumer spending is the level of income.

The Indian Space Research Organisation is the space agency of the Government of India was set up in the year 1969, headquartered in the city of Bangalore. Its vision is to "harness space technology for national development while pursuing space science research and planetary exploration.

The current Chairman of Indian Space Research Organisation(ISRO) is Kailasavadivoo Sivan.

Cricket has been included in 2022 Asian Games. The Asian Games, also known as Asiad, is a multi-sport event held every four years among athletes from all over Asia. In 2022, Asian Games are going to be hosted by China. The first Asian Games are hels in the year 1951 in New Delhi.