_______ is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Macroeconomics Neo-classical economics Microeconomics Monetarist economics
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Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Which article of the Indian Constitution describes it as rigid and flexible?
Article 332 Article 368 Article 300 Article 312
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Article 368 of the Indian Constitution provides for two types of amendments.
1. By a special majority of Parliament.
2. By a special majority of the Parliament with the ratification by half of the total states.
Fundamental Rights are described in which articles of Indian Constitution?
Article 12 to 35 Article 14 to 32 Article 14 to 35 Article 12 to 32
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Article 12 to 35 contained in Part III of the Constitution deals with Fundamental Rights.
Who proposed the theory of the expanding universe?
Georges Lemaitre Galileo Galilei Edwin Hubble Claudius Ptolemy
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American astronomer Edwin Hubble discovered in the 1920s that the Universe is expanding by showing that most galaxies are receding from the Milky Way and the farther away they are, the faster they are receding.
What was the comparative advantage theory of David Ricacrdo?
When a country can produce a good or service at a lower opportunity cost than another country. Pursuit of self-interest, division of labor, and freedom of trade. A theory of free-market capitalism directly opposed to government intervention. A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
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Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
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