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University of Kerala

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Law3Business3Sociology2Economics68
Answer: Cheetah is the fastest animal in the world. It has the speed of 70 mph.
Answer: A bank makes money from the difference between its lending rate and bo...
When the demand is elastic the change in quantity demanded will be larger than...
When demand is elastic, the change in quantity demanded is larger than the cha...
An elastic demand means that the change in quantity demanded is greater than t...
If the demand is elastic, total revenue will increase with fall in price. The ...
The book Nineteen Eighty Four (1984) is a book written by George Orwell which ...
If demand is relatively elastic a fall in price increase total revenue of sell...
If demand is elastic, the total revenue increases when the price falls. The re...
There is a relation between the total revenue and elasticity of demand. If the...
The price elasticity of demand is the ratio of percentage change in quantity d...
If the elasticity of demand is greater than 1, the demand is elastic. A given ...
In case of complementary goods, an increase in price of one will decrease the ...
As the income of the consumer increase he will demand more of a good. It happe...
If two goods are complementary goods, an increase in price of one will decreas...
The price of related goods affects the demand for a product. If two goods are ...
Changes in input prices changes the supply of a product. An increase in input ...
In case of substituted goods a fall in price of one decreases the demand for t...
There is a direct relation between the price and quantity supplied of a produc...
Other things being constant, when the price of a product falls, its quantity d...
If the price of a product falls, its quantity demanded increase. The law of de...
Monopoly is a market situation where one seller controls the entire supply of ...
Monopoly is a market situation where one seller controls the entire supply of ...
When the Fed fund rate is lower than the targeted rate, in order to increase t...
The basic features of money are Medium of exchange, Store of value and Unit of...
If PED (price elasticity of demand) is greater than 1, the demand is said to b...
Marginal utility is the additional utility obtained from the consumption of ad...
Views and likes upon answers do not create income. Once a user purchase One Cl...
Total utility is the aggregate utility obtained from the consumption of a give...
When income falls the consumers are unable to purchase the same quantity of no...
Mens Rea and Actus Reaus are the two elements that make a person for a crimina...
If the products X and Y are substituted goods, a fall in the price of Y will d...
Law is the embodiment of certain principles which regulate the humand conduct....
Diminishing marginal returns means that as more and more variable resources ar...
An asset that can be quickly and easily converted into cash is known as a liqu...
There are numerous buyers and sellers dealing in homogenous and perfect substi...
The law of diminishing returns states that as more and more variable factors a...
Actus reus and mens rea are the two elements that constitute a person for guil...
In a perfectly competitive market the firms are price takers because there are...
The law of diminishing returns states that as more and more variable inputs ar...

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