Tag: economics
Questions Related to economics
Gross Profit = Total Revenue - Total cost.
$TR > TC$ is a situation of ________.
$M p = f (y)$ is denoted for ____________________.
What are the kinds/types of Profits?
According to American economist Frank.H.Knight. To him, profit is the reward for uncertainty bearing.
Dynamic Theory of Profit was propounded by ______________ in 1900.
Innovation theory of profit was propounded by ________________.
______________ is the net income of the organizer.
______________ is the profit earned by the firm because of its monopoly control.
The precautionary motive relates to the desire of the people to hold cash to meet unexpected or unforeseen expenditures.