1. The situation in which all available resources are used inefficiently manner.

1 Answer

Answer :

Suggest the economic terms for the given statements: 1. The situation in which all available ... to breakdown of machinery, power failure, etc.

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Description : Taxes are as certain as the death, because (1) They constitute the major source of government revenue. (2) Government have no other source of revenue. (3) Most PSUs are run inefficiently. (4) Government has its own budget constraints.

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Description : (i) The liability of shareholders of the company is unlimited.

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Description : (i) The left-hand side of an account.

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Description : (i) A bound book of Account. (ii) The credit balance of the Bank Account.

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Description : (i) The money value for which assets are acquired or manufactured.

Last Answer : Give the word term or phrase which can substitute each of the following statement : (i) The ... ) Amount received after selling of goods or services.

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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

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Description : Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life cycle.

Description : Which one of the following statements best defines an estimate?  a. An approximation of project time and cost targets, refined throughout the project life  cycle.  b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms.

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life  cycle.

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 equal

Last Answer : (2) Demand exceeds supply

Description : A Black Market is a situation wherein (1) Goods are loaded by the producers (2) Goods are sold secretly (3) Goods are sold at prices higher than what is fixed by the Government (4) Goods are made available (sold) only after there is a rise in prices

Last Answer : Goods are sold secretly

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

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Description : The cropping pattern used on a farm and its interactions with farm resources, other farm enterprises and available technology which determine their makeup is called as

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