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1) What is development?
2) What are the essential things we require?
3) State things other than income,people seek as non materialistic?
4) If a person gets job in afar of place before expecting it?What factors would he consider?
5) For development people look at a mix of goals.Explain with few examples?
6) What do you mean by national development?
7) What do mean by average income? How is it useful in comparing countries?
8) Write a paragraph on your notion of what should India do or achieve to become a developed county?
9) Different persons can have different developmental goals. Explain with 5examples.
Find hourly wage rate of Home's economy.
Suppose a caffeine-deprived man needs to wake up. Suppose his preferences on a day can be described by U=3*coffee+2*tea. If the price of coffee is $4 and the price of tea is $1. He has $12 to spend on these drinks on a day. Find his utility for the f..
suppose that an individual is willing to substitute pepperoni for anchovies at a constant rate on a pizza,what type of goods are inbolved? construct an indifference map that is consistent with preferences for these goods and show the relvant pr..
Elucidate the multiplier concept as it applies in this case. Illustrate what are the qualifications and limitations of the multiplier model.
A retail outlet is being designed in a strip mall in Nebraska. For this outlet, the installed fiberglass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $90,000.
Assume 2 firms on a street of length 1, with zero costs of production. Consumers are uniformly distributed on this street, desire only one unit of the good, and value the good at V = 100. To get to the firms and purchase the good, consumers need to p..
The concept of balance of power is fundamental in international relations. What does it mean? How meaningful can it be at the beginning of the 21st century, given the impact of globalization and modern warfare in which one's opponents may not be atta..
A long the long-run supply curve of an increasing-cost industry that is characterized by perfect competition, all of the following can vary except. For the case of an increasing-cost industry, supply is
Construction-based business of your choice and explain stakeholder theory to illustrate the primary interests of the stakeholder groups and identify any areas of potential conflict between the stakeholder groups.
If Rhine Company ignores possibility that or firms may enter its market, it should set a price of $10,000 for its product, which is a power tool. Explain how can firm's manager extend planning horizon.
Illustrate what is the proper role of unions. Why are they declining in membership and influence in the economy.
A person’s demand for gizmos is given by the following equation: q = 6 - 0.5p + 0.0002I. Where, q is the quantity demanded at price p when the person’s income is I. Assume initially that the person’s income is $40,000. Show your work/ calculations. w..
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