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National income accounting

Economics

answered on 19-Jun-23 21:54

In the sum referred to in the image below, why the purchases by Firm A from Firm C ( Rs. 310 lacs ) is not considered in the GVAmp computation for firm C ? It should become part of value of output, right? Please explain.

latest answer

👍

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

11

402

Theory of demand

Economics

answered on 21-Jun-23 11:11

As on increasing the taxes ,the supply will ...........

latest answer

Supply decreases, as more taxes on production would decrease the amount of supply.

Pavani Poloju

Pavani Poloju

CMA Inter

630

4

311

BCK

Economics

answered on 20-Jun-23 10:00

Why is option A incorrect here?

latest answer

Business economics is pragmatic and not abstract. So, option (d) is the right answer.

Monika T

Monika T

CA Inter

7K+

4

359

Business economics

Economics

answered on 21-Jun-23 15:12

What's the difference between contraction and recession??

latest answer

Contraction is the initial stage of decline in economic activity where recession is the final stage of economic decline

Monika T

Monika T

CA Inter

7K+

4

337

Business Economics

Economics

answered on 16-Jun-23 23:49

Business economics is __________________? a. Multi-disciplinary b.Inter-disciplinary c.both a and b d.none of these

latest answer

Both

Nidhi S

Nidhi S

CA Inter

4K+

7

319

Two sector model diagram of Equilibrium

Economics

answered on 23-Jun-23 11:35

In attached image, is there any flows which have to rectify? Or can present this in paper if same it comes.

latest answer

this presentation is fine but keep the time in mind

Mehak K

Mehak K

CA Inter

3K+

2

296

RTP - NOV 2021 ( NATIONAL INCOME QUES)

Economics

answered on 15-Jun-23 16:06

In suggested answer , the personal income formula they wrote is not understandable. As per the requirement of ques , it should be Private income - corporate tax- retained earnings i.e Rs 800. Please verify this.

latest answer

You're welcome👍

Mehak K

Mehak K

CA Inter

3K+

3

376

Demand curve

Economics

answered on 23-Jun-23 17:02

What is the answer & reason

latest answer

Thank you

Vijaya Lakshmi Pojula

Vijaya Lakshmi Pojula

CA Foundation

2K+

4

335

Government policies for business growth

Economics

answered on 14-Jun-23 09:59

What's the answer and whyy??

latest answer

Option (d) is the correct answer.

Monika T

Monika T

CA Inter

7K+

2

314

Additional questions

Economics

answered on 23-Jun-23 11:44

how to find MR in this question (101)

latest answer

To calculate the marginal revenue, we need to use the formula: Marginal Revenue (MR) = Price (P) × (1 + (1 / Price Elasticity of Demand (E))) Given that the price (P) is $20 and the price elasticity of demand (E) is -0.25, we can substitute these values into the formula: MR = $20 × (1 + (1 / -0.25)) First, let's calculate 1 / -0.25: 1 / -0.25 = -4 Now, substitute the value back into the formula: MR = $20 × (1 + (-4)) MR = $20 × (-3) MR = -$60 Therefore, the marginal revenue (MR) for the product with a price of $20 and a price elasticity of demand of -0.25 is -$60. Note that the negative sign indicates a decrease in revenue as the price decreases, which is typical for goods with an elastic demand.

Saketh Reddy Kotla

Saketh Reddy Kotla

CA Foundation

21K+

3

415

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