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Yogita Ingle 6 years, 5 months ago
'Make in India' Programme is an invitation to foreign investors to install production units in India. This will raise resources in the country and enhance production potential of the country. It will thus shift the PP frontier.
Detailed Answer:
The appeal "Make in India" to the foreign investors by the Prime Minister of India, will increase the inflow of FDI in India. It will help in increase in Production and PPC will shift to the right.
Posted by Mohammed Rifaahath 6 years, 5 months ago
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Yogita Ingle 6 years, 5 months ago
It is a measure of satisfaction an individual gets from the consumption of the commodities. In other words, it is a measurement of usefulness that a consumer obtains from any good. A utility is a measure of how much one enjoys a movie, favourite food, or other goods. It varies with the amount of desire.
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Sia ? 6 years, 5 months ago
A survey is an investigation about the characteristics of a given population by means of collecting data from a sample of that population and estimating their characteristics through the systematic use of statistical methodology.
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Sia ? 6 years, 5 months ago
The consumer will be in equilibrium in case of single commodity when following condition is satisfied:
- {tex}\frac { \mathrm { MUx } } { \mathrm { Px } }{/tex} = MUm
Where, MUx= Marginal utility of good X
Px = Price of good X
MUm= Marginal utility of money - Law of Diminishing Marginal utility (means consumption increases the marginal utility derived from each additional unit declines) must prevail.
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Yogita Ingle 6 years, 5 months ago
If marginal utility of money begins to rise while price remains constant then this implies that marginal utility of a rupee spent on the commodity (MUx/px) is less than the marginal utility of money (MUm) ). In this case, the consumer would reduce consumption of commodity till he again finds equality between the two.
Posted by Arzoo Nadha 6 years, 5 months ago
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Gaurav Seth 6 years, 5 months ago
Public private partnership is carried with any of two or both primary objectives in mind, viz. ease in raising capital and bringing in domain expertise or management for a project. In India, this is being done and planned in sectors where there is a need to shore up output in order to meet the basic needs of a growing economy. A classic example would be in the power sector, both in production of electric power and also in its transmission and distribution.
Some Companies get some of their work done outside of its organisation, sometimes in the country where it is based and at other times in a foreign Country, at a cheaper rate, but not compromising on the laid down standards. In business parlance, this is called outsourcing.
Outward FDI is investment by a Country's business groups overseas in carrying out economic activities away from the shores of the country of origin of the capital thus deployed.
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Sia ? 6 years, 5 months ago
The capitalist model of development in which development was left entirely to the private sector in place of social welfare. The Capitalist affords economic freedom, consumer choice, and economic growth.
The socialist model of development in which private property was abolished and all the production was controlled by the state. It aims at the public sector, planning to establish an egalitarian society. The Socialist model provides greater social welfare and decreases business fluctuations.
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