In what commodity the English first conducted trade from India?

In what commodity the English first conducted trade from India?
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Indigo
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One commodity/person/thing which if lost, your life would be no longer have a meaning?

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(i) An article or a commodity which is purchase for resale in business is called __________

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Last Answer : Complete the following sentence : (i) An article or a commodity which is purchase for ... provides standard of accounting in India called _________

Good is a commodity that is purchased for self-use.

Description : Good is a commodity that is purchased for self-use.

Last Answer : State whether the following statement are true or false with reason : Good is a commodity that is purchased for self-use.

In order for wheat to be considered a commodity how must it be used?

Description : In order for wheat to be considered a commodity how must it be used?

Last Answer : Need answer

What is commodity investment?

Description : What is commodity investment?

Last Answer : Commodity investment is investing in a special type of market called the commodities market. This market is where raw materials like food, metals, and electricity are traded. This is a risky market to invest in, so buyer beware.

What is the difference between commodity and equity?

Description : What is the difference between commodity and equity?

Last Answer : equity gives the person ownership rights while commodity refers to goods that can be traded. Commodity refers to a generic form of a product that is very basic and undifferentiated. Examples of a ... shares held by a shareholder represent equity as it shows ownership held in the company by other.

The excess of what we are prepared to pay over what we actually pay for a commodity is known as

Description : The excess of what we are prepared to pay over what we actually pay for a commodity is known as

Last Answer : Ans. Consumer surplus

When few buyers of a commodity

Description : When few buyers of a commodity

Last Answer : Ans. Oligopsony market

When few salers of a commodity

Description : When few salers of a commodity

Last Answer : Ans. Oligopoly market

Consider the following statements - 1. Cuba is considered the sugar bowl of the world 2. Sugar was a rare commodity in Europe till the middle ages 3. Honey is a rich source of vitamins and minerals 4. All green plants synthesize sugar that are subsequently converted into lipids, polysaccharides, and/or proteins Which of the above statement/s is/are true? (a) Only 1 (b) 1 and 3 (c) 2 and 3 (d) 2 and 4

Description : Consider the following statements - 1. Cuba is considered the sugar bowl of the world 2. Sugar was a rare commodity in Europe till the middle ages 3. Honey is a rich source of vitamins and minerals 4. All green plants synthesize sugar ... is/are true? (a) Only 1 (b) 1 and 3 (c) 2 and 3 (d) 2 and 4

Last Answer : Ans:(d)

When price of a substitute of commodity falls, the demand for - (1) falls (2) remains unchanged (3) increases at increasing rate (4) rises

Description : When price of a substitute of commodity falls, the demand for - (1) falls (2) remains unchanged (3) increases at increasing rate (4) rises

Last Answer : (1) falls Explanation: Cross Price Effect refers to effect on the demand for a given commodity due to a change in the price of a substitute commodity. A change (increase or decrease) in the ... the given commodity (tea) also decreases. It shifts the demand curve of the given commodity towards left.

A demand curve will not shift: (1) When only income changes (2) When only prices of substitute products change (3) When there is a change in advertisement expenditure (4) When only price of the commodity changes

Description : A demand curve will not shift: (1) When only income changes (2) When only prices of substitute products change (3) When there is a change in advertisement expenditure (4) When only price of the commodity changes

Last Answer : (4) When only price of the commodity changes Explanation: In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity and the amount of it that ... only when there is a change in other determinants of demand, other than price of the commodity.

The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit. (1) 0.5 (3) 5 (2) -0.5 (4) -5

Description : The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit. (1) 0.5 (3) 5 (2) -0.5 (4) -5

Last Answer : (4) -5 Explanation: Marginal Utility = Change in Total Utility / Change in number of Units consumed. The first component of the formula is to calculate the change in total utility. The second component of the marginal utility formula is the change in the number of units that have been consumed.

)The demand of a commodity is a direct demand but the demand of a factor of production is called a - (1) Crossed demand (2) Joint demand (3) Derived demand (4) Independent demand

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Last Answer : (3) Derived demand Explanation: In the words of McConnell, the demand for factors of production is a derived demand that is derived from the finished goods and services which resources help to produce. ... demand, demand for factors is derived demand. It is based on the productivity of the factors.

Capital output ratio of a commodity measures - (1) its per unit cost of production (2) the amount of capital invested per unit of output (3) the ratio of capital depreciation to quantity of output (4) the ratio of working capital employed to quantity of output

Description : Capital output ratio of a commodity measures - (1) its per unit cost of production (2) the amount of capital invested per unit of output (3) the ratio of capital depreciation to quantity of output (4) the ratio of working capital employed to quantity of output

Last Answer : (2) the amount of capital invested per unit of output Explanation: Capital Output Ratio is the ratio of capital used to produce an output over a period of time. This ratio has a tendency ... order to increase the output. When countries use their natural resources instead of capital then COR reduces.

The market equilibrium for a commodity is determined by : (1) The market supply of the commodity. (2) The balancing of the forces of demand and supply for the commodity (3) (3) The intervention of the Government. (4) (4) The market demand of the commodity.

Description : The market equilibrium for a commodity is determined by : (1) The market supply of the commodity. (2) The balancing of the forces of demand and supply for the commodity (3) (3) The intervention of the Government. (4) (4) The market demand of the commodity.

Last Answer : (2) The balancing of the forces of demand and supply for the commodity Explanation: Market Equilibrium is determined when the quantity demanded of a commodity becomes equal to the quantity ... equilibrium is known as equilibrium price and the corresponding quantity is known as equilibrium quantity.