What valuable commodities do we have in abundance?

What valuable commodities do we have in abundance?
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Which “we” are we talking about?
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Can you show me a list of valuable commodities?

Description : Can you show me a list of valuable commodities?

Last Answer : 6.5 quadrillion dollars?

An indifference curve measures the same level of - (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings

Description : An indifference curve measures the same level of - (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings

Last Answer : (2) Satisfaction from two commodities Explanation: An indifference curve is a locus of combinations of goods which derive the same level of satisfaction. so that the consumer is indifferent ... of various points showing different combinations of two goods providing equal utility to the consumer

Cross demand expresses the functional relationship between - (1) demand and prices of related commodities (2) demand and income (3) demand and prices (4) demand and supply (4)

Description : Cross demand expresses the functional relationship between - (1) demand and prices of related commodities (2) demand and income (3) demand and prices (4) demand and supply (4)

Last Answer : (1) demand and prices of related commodities Explanation: Other things being constant, cross demand expresses the relation between demand for good A' due to change in the price of its related good 'B' ... that at different prices of good B' what different quantities of good A' will be demanded.

What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Description : What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Last Answer : (1) Negative effect Explanation: In economics, an inferior good is a good that decreases in demand when consumer income rises (or rises in demand when consumer income decreases), unlike ... consumers' demand increases when their income increases. Cheaper cars are examples of the inferior goods.

Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Description : Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Last Answer : (2) demand exceeds supply Explanation: Seller's market is a market which has more buyers than sellers. High prices result from this excess of demand over supply. The opposite of the seller's market is the buyer's market, where supply greatly exceeds demand.

If two commodities are complements, then their crossprice elasticity is- (1) zero (2) positive (3) negative (4) imaginary number

Description : If two commodities are complements, then their crossprice elasticity is- (1) zero (2) positive (3) negative (4) imaginary number

Last Answer : (4) imaginary number Explanation: In economics, the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in ... denotes two products that are complements, while a positive cross elasticity denotes two substitute products.

Average Revenue means - (1) the revenue per unit of commodity sold (2) the revenue from all commodities sold (3) the profit realised from the marginal unit sold (4) the profit realised by sale of all commodities

Description : Average Revenue means - (1) the revenue per unit of commodity sold (2) the revenue from all commodities sold (3) the profit realised from the marginal unit sold (4) the profit realised by sale of all commodities

Last Answer : (1) the revenue per unit of commodity sold Explanation: Average revenue is the revenue per unit of the commodity sold. It can be obtained by dividing the TR by the number of units sold. Then, AR = ... of view. Therefore, average revenue curve of the firm is the same as demand curve of the consumer.

Which of the following is done at a Stock Exchange? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Description : Which of the following is done at a Stock Exchange? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Last Answer : (3) Securities are bought and sold Explanation: A stock exchange or bourse is an exchange where stock brokers and traders can buy and/or sell stocks (also called shares), bonds, and ... of securities and other financial instruments, and capital events including the payment of income and dividends.

What is selling cost? (1) Cost incurred on transportation of commodities to market (2) Cost incurred on promoting the sale of the product (3) Cost incurred on commission and salaries personnel (4) Cost incurred on advertisement

Description : What is selling cost? (1) Cost incurred on transportation of commodities to market (2) Cost incurred on promoting the sale of the product (3) Cost incurred on commission and salaries personnel (4) Cost incurred on advertisement

Last Answer : (2) Cost incurred on promoting the sale of the product Explanation: Selling cost is total cost of marketing, advertising, and selling a product. It differs from the production cost which is incurred to produce goods.

If the main objective of the government is to raise revenue, it should tax commodities with (1) high elasticity of demand (2) low elasticity of supply (3) low elasticity of demand (4) high income elasticity of demand

Description : If the main objective of the government is to raise revenue, it should tax commodities with (1) high elasticity of demand (2) low elasticity of supply (3) low elasticity of demand (4) high income elasticity of demand

Last Answer : (3) low elasticity of demand Explanation: The Ramsey rule states that commodities with low elasticities of demand should be taxed at higher rates than commodities with high elasticities of demand. ... the Ramsey rule may result in a regressive taxation scheme society may view as inequitable.

Massive starvation takes place due to: (a) rise in the price of essential commodities (b) decline in production of foodgrains(c) drought (d) both (a) and (b)

Description : Massive starvation takes place due to: (a) rise in the price of essential commodities (b) decline in production of foodgrains (c) drought (d) both (a) and (b)

Last Answer : (c) drought

The National Mission for Sustainable Agriculture (NMSA) aims at which of the following? a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and genetic resources by developing strategies to make agriculture more resilient to climate change. b. Improving agricultural productivity by providing timely advisory services to farmers to adopt best practices, technology, meet with contingencies, market information, etc. c. Notifying agricultural commodities produced in the region and providing their first sale mechanism. d. Providing Irrigation benefits to the farmers to ensure early completion of projects.

Description : The National Mission for Sustainable Agriculture (NMSA) aims at which of the following? a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and ... mechanism. d. Providing Irrigation benefits to the farmers to ensure early completion of projects.

Last Answer : a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and genetic resources by developing strategies to make agriculture more resilient to climate change.

According to Engel’s Law of consumption, the following commodities are likely to have income elasticity of less than one (a) Garments (b) Motor car (c) Cosmetics (d) Wheat and Rice

Description : According to Engel’s Law of consumption, the following commodities are likely to have income elasticity of less than one (a) Garments (b) Motor car (c) Cosmetics (d) Wheat and Rice

Last Answer : (d) Wheat and Rice

Price elasticity of demand shows the relationship between demand for a commodity and (a) price of other commodities (b) price of that commodity © tastes and preferences of the consumer (d) income of the consumer

Description : Price elasticity of demand shows the relationship between demand for a commodity and (a) price of other commodities (b) price of that commodity © tastes and preferences of the consumer (d) income of the consumer

Last Answer : (b) price of that commodity

.In Heckscher Ohlin theory production function differ between commodities but are same between---- (a) countries. (b) factors © costs. (d) revenues.

Description : .In Heckscher Ohlin theory production function differ between commodities but are same between---- (a) countries. (b) factors © costs. (d) revenues.

Last Answer : (a) countries.

” If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this? (a) Adam Smith (b) David Ricardo © J.S Mill (d) None of them.

Description : ” If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this? (a) Adam Smith (b) David Ricardo © J.S Mill (d) None of them.

Last Answer : (b) David Ricardo

Which of the following is done at a Stock Exchange ? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Description : Which of the following is done at a Stock Exchange ? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Last Answer : Securities are bought and sold

An indifference curve measures the same level of (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings

Description : An indifference curve measures the same level of (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings

Last Answer : Satisfaction from two commodities

What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Description :  What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Last Answer : Negative effect

In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and supply forces in the market (3) the private-sector takes all the decisions for price-determination of various commodities produced (4) the Government controls the allocation of all the factors of production

Description : In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and ... of various commodities produced (4) the Government controls the allocation of all the factors of production

Last Answer : the Government does not interfere in the free functioning of demand and supply forces in the market

Cross demand expresses the functional relationship between (1) demand and prices of related commodities. (2) demand and income. (3) demand and prices. (4) demand and supply,

Description : Cross demand expresses the functional relationship between (1) demand and prices of related commodities. (2) demand and income. (3) demand and prices. (4) demand and supply,

Last Answer : demand and prices of related commodities.

What is selling cost ? (1) Cost incurred on transportation of commodities to market (2) Cost incurred on promoting the sale of the product (3) Cost incurred on commission and salaries personnel (4) Cost incurred on advertisement

Description : What is selling cost ? (1) Cost incurred on transportation of commodities to market (2) Cost incurred on promoting the sale of the product (3) Cost incurred on commission and salaries personnel (4) Cost incurred on advertisement

Last Answer : Cost incurred on promoting the sale of the product

If the main objective of the government is to raise revenue, it should tax commodities with (1) high elasticity of demand (2) low elasticity of supply (3) low elasticity of demand (4) high income elasticity of demand

Description : If the main objective of the government is to raise revenue, it should tax commodities with (1) high elasticity of demand (2) low elasticity of supply (3) low elasticity of demand (4) high income elasticity of demand

Last Answer : low elasticity of demand

If two commodities are complements, then their cross-price elasticity is (1) zero (2) positive (3) negative (4) imaginary number

Description : If two commodities are complements, then their cross-price elasticity is (1) zero (2) positive (3) negative (4) imaginary number

Last Answer : negative

Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Description : Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Last Answer :  demand exceeds supply

Average Revenue means (1) the revenue per unit of commodity sold (2) the revenue from all commodities sold (3) the profit realised from the marginal unit sold (4) the profit realised by sale of all commodities

Description :  Average Revenue means (1) the revenue per unit of commodity sold (2) the revenue from all commodities sold (3) the profit realised from the marginal unit sold (4) the profit realised by sale of all commodities

Last Answer : the revenue per unit of commodity sold

Let's see if I have this right, the reason there are so many mass shootings in the u.s is the over abundance of firearms?

Description : Let's see if I have this right, the reason there are so many mass shootings in the u.s is the over abundance of firearms?

Last Answer : How has banning hard rugs worked for the drug trade? With the theory that banning would make it all better ,shouldn’t your country be drug free now?

Do you live a life of scarcity or abundance?

Description : Do you live a life of scarcity or abundance?

Last Answer : answer:I love this question. I'm fully human, so I'm a mixture of viewing the world as infinitely abundant and full of woeful scarcity. I lived through some tumultuous years that ended in a profound shift ... . So while I know love is abundant, even infinite, I still have fear. I like being human.

Is it psychological peculiarity in humans to believe that a cleaner cleans better if there are an abundance of suds?

Description : Is it psychological peculiarity in humans to believe that a cleaner cleans better if there are an abundance of suds?

Last Answer : Lathering up in a shower. People relate to that.

If I were to raid your kitchen, which brand names would be in abundance - and do they reflect your ethnic background?

Description : If I were to raid your kitchen, which brand names would be in abundance - and do they reflect your ethnic background?

Last Answer : The local supermarket’s no-name store brands.

Do you have an abundance of ear wax?

Description : Do you have an abundance of ear wax?

Last Answer : what?

What can I make with an abundance of gum wrappers?

Description : What can I make with an abundance of gum wrappers?

Last Answer : Smoke them.

Creativity in abundance,assuming you don't possess this,what would you rather have been, an artist or a writer?

Description : Creativity in abundance,assuming you don't possess this,what would you rather have been, an artist or a writer?

Last Answer : I disagree on the premise that we're not creative or artistic. It's a skill, and it takes time to explore. Some people go through with it, other's not. Why? Self-definition could have something ... me think deeply about my position in the world and the relationships between things. But that's me :)

Why has the U.S. never exploited its abundance of natural gas to use as a replacement for gasoline?

Description : Why has the U.S. never exploited its abundance of natural gas to use as a replacement for gasoline?

Last Answer : It’s easier to take candy from other kids because when no one has any, you still do.

I just harvested an abundance of Kale in my garden, and would like to know how store for the winter

Description : I just harvested an abundance of Kale in my garden, and would like to know how store for the winter

Last Answer : Need Answer

prune pumkin plant flowers as their are abundance

Description : prune pumkin plant flowers as their are abundance

Last Answer : If you can trace the plant line to keep 1 pumpkin per line....that will increase the size the size of your pumpkins.

An abundance in arms, but lacking in legs. A tall skinny body, but missing a head. I change with the seasons, it's winter I dread. What am I? -Riddles

Description : An abundance in arms, but lacking in legs. A tall skinny body, but missing a head. I change with the seasons, it's winter I dread. What am I? -Riddles

Last Answer : A Tree.

How did the abundance of labour in the market affect the lives of the workers in Britain during the nineteenth century? -SST 10th

Description : How did the abundance of labour in the market affect the lives of the workers in Britain during the nineteenth century? -SST 10th

Last Answer : (i) Many job-seekers had to wait for weeks, spending nights under bridges or in night shelters. Some stayed in night refuges that were set up by private individuals; others went to the Casual ... value of what the workers earned fell significantly, since the same wages could now buy fewer things.

Wind energy received in abundance in Western Rajasthan and Gujarat has not been so far utilized and developed to the maximum. -SST 10th

Description : Wind energy received in abundance in Western Rajasthan and Gujarat has not been so far utilized and developed to the maximum. -SST 10th

Last Answer : Wind energy received in Western Rajasthan and Gujarat falls under the category of potential resources.

Water is available in abundance in India but even then scarcity of water is experienced in major parts of the country. Explain with four examples. -SST 10th

Description : Water is available in abundance in India but even then scarcity of water is experienced in major parts of the country. Explain with four examples. -SST 10th

Last Answer : India receives nearly 4 per cent of the global precipitation. The total renewable water resources of India are estimated at 1,897 sq km per annum. Inspite of this fact that ... irrigated areas and dry-season agricultrure. Over-irrigation in these areas have adversely affected water-availability.

How did the abundance of labour in the market affect the lives of worker in Britain during the 19th century? -SST 10th

Description : How did the abundance of labour in the market affect the lives of worker in Britain during the 19th century? -SST 10th

Last Answer : Abundance of labour in the market affected the lives of the workers in Britain in following ways: (i) The work available in most of the industries were seasonal. So workers had long period ... value of what the workers earned fell significantly, since the same wages could now buy fewer things.

How can I attract abundance in life?

Description : How can I attract abundance in life?

Last Answer : Children's picture books often serve as an accessible source of high quality art for young children

" Liberation is greater than abundance of food and clothing "

Description : " Liberation is greater than abundance of food and clothing "

Last Answer : "Liberation is greater than abundance" is the saying of Hossain Chowdhury of Motah.

How many types of Hadith according to the abundance and inadequacy of the Sanad ?

Description : How many types of Hadith according to the abundance and inadequacy of the Sanad ?

Last Answer : There are two types of hadith according to the abundance and insufficiency of the sanad.

Where is Cellulose found in abundance ?

Description : Where is Cellulose found in abundance ?

Last Answer : Cellulose is abundant in bamboo , sugarcane husk etc.

Which gas is the most found in abundance in the earth’s atmosphere?

Description : Which gas is the most found in abundance in the earth’s atmosphere?

Last Answer : Answer: Nitrogen.

What words are synonyms for abundance- starting with the letter A?

Description : What words are synonyms for abundance- starting with the letter A?

Last Answer : ample

What words are synonyms for abundance?

Description : What words are synonyms for abundance?

Last Answer : What is the answer ?

Keratan sulphate is found in abundance in (A) Heart muscle (B) Liver (C) Adrenal cortex (D) Cornea

Description : Keratan sulphate is found in abundance in (A) Heart muscle (B) Liver (C) Adrenal cortex (D) Cornea

Last Answer : D

How can the abundance and diversity of living beings in the tropical forests be explained ?

Description : How can the abundance and diversity of living beings in the tropical forests be explained ?

Last Answer : The biodiversity of these ecosystems can be explained by the great availability of the main abiotic factors for photosynthesis. Since these factors are abundant, plants can perform maximum photosynthetic ... the appearing of varied living beings as well as the existence of large populations.