While some Americans can afford iPhones, a larger segment can’t afford to purchase them as they are too costly. But there is good news for Americans; they can now apply for free government phones to connect. Table of Contents Click here to Apply Via MAIL The question arises: How do you...
1. How do rational consumers maximize utility by comparing the marginal utility-to-price ratios of all the products they could possibly purchase? 2. What is the relationship between total utility, marginal utility, and the law of diminishing marginal util ...
40 per cent of the cost of the smartphones or up to a maximum of Rs 6,000 will be borne by the state government for the purchase of smartphones
Entry Level Allocator The key responsibilities of the allocator are evaluating allocation strategies, methods, and analytics, using MS Excel for reports and analytics, defining allocation approaches, and managing purchase orders. The allocator must be a graduate of Business, Marketing, Economics, or any...
The first-time subscription offer for a mutual fund scheme is called a new fund offer (NFO). An offer of a new fund is launched in the market to raise capital from the general public so that they can purchase government bonds etc. from the market. The AMC and Fund houses launch NFOs...
Explain how decision making, interaction and the workings of the economy influences the marginal benefits and marginal costs associated with the decision to purchase a house? How would you differentiate Opportunity Cost from Sunk Cost? Provide examples for both costs in...
In the case of jet engines, the derived demand comes from the fact that airlines purchase jet engines to generate revenue by flying passengers. The demand for jet engines is not based on the number of people who want to buy them and use ...