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Meghna Thapar 5 years, 6 months ago
A commission of inquiry is one of many bodies available to the government to inquire into various issues. Commissions report findings, give advice and make recommendations. While their findings are not legally binding, they can be highly influential. ... Commissions of inquiry are independent of the government. The members of the Commission of Enquiry were reputed for their impartiality injustice.
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Meghna Thapar 5 years, 6 months ago
Consumer's equilibrium is a situation when he spends his given income on the purchase of one or more commodities in such a way that he gets maximum satisfaction and has no urge to change this level of consumption, given the prices of commodities. (B) Condition Of Consumer Equilibrium In Case Of Single Commodity. A consumer is said to be in equilibrium when he maximizes his satisfaction, given his money income and prices of two commodity. He attains equilibrium at that point where the slope of IC is equal to the slope of budget line.
Posted by Ramanpreet Kaur 5 years, 6 months ago
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Meghna Thapar 5 years, 6 months ago
A consumer is said to be in equilibrium when he maximizes his satisfaction, given his money income and prices of two commodity. He attains equilibrium at that point where the slope of IC is equal to the slope of budget line. The state of balance achieved by an end user of products that refers to the amount of goods and services they can purchase given their present level of income and the current level of prices. Consumer equilibrium allows a consumer to obtain the most satisfaction possible from their income.
Posted by Ramanpreet Kaur 5 years, 6 months ago
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Meghna Thapar 5 years, 6 months ago
When a consumer's income increases, his budget line shifts parallel and upward and when his income decreases the budget line shifts downward. As the income changes, a new equilibrium is established and the consumer moves from one equilibrium point to another. Therefore, we can say that consumers equilibrium is achieved when the price line is tangential to the indifference curve. Or, when the marginal rate of substitution of the goods X and Y is equal to the ratio between the prices of the two goods.
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Yogita Ingle 5 years, 6 months ago
tRNA is called an adapter molecule because it attaches itself via initiation and elongation factors to the ribosome- mRNA complex which facilitates the incorporation of the correct amino acid to the growing polypeptide chain by its specific anticodon to the mRNA codon.
Francis Crick suggested that each amino acid has specific "adapter", a molecule which recognizes specific piece of DNA. Assembly of amino acids is determined by a recognition between the adaptor and DNA molecule which serves as the informational template.
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Tanisha Yadav 5 years, 6 months ago
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