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Income Elasticity of demand
Economics
answered on 25-May-20 15:22
Sir in income Elasticity of demand if a consumer always spends a 15 percentage of income eg food even though his income rise or decreases then it is said is said to be equal to one. But my doubt is why is equal to one as he spends a same percentage even though rise or decrease in income so it is said to inelastic or zero only why in book it is said equal to one. Pls help me
latest answer
I got it bro.. but Thanks
S.P. RAYAN
CA Inter
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Doubt
Economics
answered on 24-May-20 00:12
Can u explain me 1st assumption sir... Y total number of goods nd services doesn't change im case of full employment? Is it bcz if u need to produce mre u need to recruit new employees?
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Tq mam
Shru Kanda
CA Inter
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Govt intervention to correct market failure
Economics
answered on 21-May-20 20:20
Why isn't the answer option d and why option b is right?
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Thanks
The Little Brown Girl
CA Inter
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2
541
How to get individual modules
Economics
answered on 14-May-20 11:44
Hi guys... How to get individual modules
latest answer
They were on sale Yesterday & day before. The window is closed now. We may sell them again next month. Regret that you will have to wait till then.
anju B
CA Inter
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487
Doubt
Economics
answered on 01-May-20 20:34
How to find the answer
latest answer
17 +13=30
Roshan Zameer
ACCA Professional
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536
Demand
Economics
answered on 01-May-20 20:37
What is difference between demand and quantity demand
latest answer
Thanks
Priyanka Saini
CA Foundation
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BCK
Economics
answered on 26-Apr-20 20:54
Any changes in bck ISM for june
latest answer
No change
Aravindh Kumar
CA Inter
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1
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revaluation result
Economics
answered on 24-Apr-20 20:28
when will our revaluation result will publish?
latest answer
It depends on the verification
Midhlaj alungal
CA Inter
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2
640
Doubt
Economics
answered on 24-Apr-20 17:34
How should I answer
latest answer
then options are incorrect
Roshan Zameer
ACCA Professional
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493
Doubt
Economics
answered on 22-Apr-20 14:47
How can I identify Repo rate ,reverse Repo rate ,bank rate
latest answer
Repo rate, reverse rate etc are explained in BCK . It is available for free till 30th April. You can go through that.
Roshan Zameer
ACCA Professional
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525