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tion:The MAJOR drawbacks of the barter system were: (i) Lack of double coincidence of wants It was a major DRAWBACK of the barter system. ... (II) Lack of store of value DUE to absence of money in barter system, wealth was stored in terms of GOODS

Marginal revenue for competitive firms is typically constant. This is because the market DICTATES the optimal price level and COMPANIES do not have much—if any—discretion over the price. As a result, perfectly competitive firms maximize profits when marginal COSTS equal market price and marginal revenue.Explanation:follow for more

ethodology for Calculation of GDP in India :-Earlier domestic GDP was calculated at factor or basic cost, which took into account prices of products received by producers.The new formula TAKES into account market prices paid by consumers. It is calculated by adding GDP at factor price and indirect taxes (minus subsidies). It is in line with international practice and is expected to better capture the changing structure of the Indian ECONOMY.The government has also changed the base year for estimating GDP from 2004-05 to 2011-12. This has been done to incorporate the changing structure of the economy, especially rural India.Data for the new GDP series will now be collected from 5 lakh companies (against 2,500 companies earlier). Under-represented and INFORMAL sectors as well as items such as smartphones and LED television sets will now be taken into account to calculate the gross domestic product.Green GDP :-Green GDP is a term used generally for expressing GDP after adjusting for environmental damage. When information on economy’s use of the natural environment is integrated into the system of national accounts, it becomes green national accounts or environmental accounting.The process of environmental accounting involves three steps viz. Physical accounting; monetary valuation; and integration with national Income/wealth Accounts. Physical accounting determines the state of the resources, types, and extent (qualitative and quantitative) in SPATIAL and temporal terms. Monetary valuation is done to determine its tangible and intangible components. Thereafter, the net change in natural resources in monetary terms is integrated into the Gross Domestic Product in order to REACH the value of Green GDP._______

समूहों को एक-दूसरे से कई तरह से भेद किया जा सकता है। उदाहरण के लिए प्राथमिक समूह (PRIMARY GROUP) छोटे आकार का वह समूह है जिसके सदस्य आपस में निकट, वैयक्तिक, चिरस्थायी सम्बन्ध रखते हैं। (जैसे- परिवार, बचपन के मित्र) ।I HOPE it HELPS you. ..

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very COMPLICATED QUESTION

f 1, 2, 3, 4, 5, 6, 7, 8, 9, 10commoditymu of x 80, 72, 64, 56, 48, 40, 32, 24, 16, 8mu of y 40, 32, 24, 20, 16, 12, 8, 4, 0, 0

both MAY be it CORRECT ANSWER

NAFEDExplanation:Agency which RESPONSIBLE for marketig of AGRICULTURAL products in INDIA is NAFED

option d is right answerExplanation:PLZ SUPPORT me on BRAINLY (◍•ᴗ•◍)❤

The Law of Diminishing Marginal UtilityThe first good CONSUMED PROVIDES the highest utility, the SECOND good has a lower marginal utility, and so on. Therefore, total utility grows LESS rapidly with each additional unit consumed of the same good or service.

The Production POSSIBILITIES CURVE (PPC) is a model used to SHOW the tradeoffs associated with allocating resources between the production of two goods. The PPC can be used to illustrate the concepts of scarcity, opportunity cost, efficiency, INEFFICIENCY, economic growth, and CONTRACTIONS.

Narayan’s characters are TRUE children of Malgudi. He presents “a considerable SECTION of Indian society striving to live its daily life in a definite historical situation that is not of a few INTELLECTUALLY or emotionally ADVENTUROUS persons he is TALKING, but of more sizeable and static section of Indian society.” He portrays a variety of characters covering the whole gamut of life over all of which smiles the benignant spirit of Malgudi—the spirit of passive comedy, the spirit of Puckish humour, the fantastic topsy­turvy world of James Barrie’s Peter Pan.His characters step out of the individual to the archetypal—nay universal le

tion:Difference Between Economic and Non-Economic ActivitiesLast updated on October 14, 2017 by Surbhi Seconomic VS non-economic activitiesEvery human being keeps himself occupied in some activity to satisfy human wants; such activities are known as human activities. These activities are broadly classified as economic and non-economic activities. While economic activities are those CONDUCTED with an aim of earning money or acquiring wealth, non-economic activities are performed free of cost, with service motive. The main difference between economic and non-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological SATISFACTION. So, check out this article to get some more DIFFERENCES amidst these two types of human activities.

state of full EMPLOYMENT in the countryExplanation:PLS MARK me as brainliest ANSWER

There are several factors in which we have to work on, some of these are: Lack of proper HEALTHCARE, DRINKING water, sanitation and nutrition especially in RURAL AREAS. India needs to develop facilities to improve on these parameters so that it can become a DEVELOPED nation.

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Planting more trees will ADD to the earth's NATURAL beauty. Trees fight water pollution and prevent SOIL erosion. They prevent pollutants from flowing into water SOURCES. The only way we can defend global warming and environmental pollution is by saving and planting trees.                    WHOEVER CUTS TREES HAS NO RIGHT TO LIVE.Explanation:

Answer: Rise in sale of PETROL and diesel cars implies that the private consumption expenditure will also rise. It leads to a rise in Gross DOMESTIC Product of the COUNTRY. ... (iii) The already DEPLETED reserves of petrol and diesel will be subjected to further DEPLETION.

An ECONOMY is a system of making and trading THINGS of value. It is USUALLY divided into goods (physical things) and services (things done by people). It ASSUMES there is medium of exchange, which in the modern world is a system of finance. This makes trade possible.Explanation:

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Frictional UNEMPLOYMENT is a type of unemployment. It is sometimes called search unemployment and can be based on the circumstances of the INDIVIDUAL. It is TIME spent between jobs when a worker is SEARCHING for a JOB or transferring from one job to another.

none of theseExplanation:the SUBJECT of the STUDY of MACROECONOMICS is INCOME and employment.

According to Alfred Marshall, Economics is the study of mankind in the ordinary business of life. Marshall argued that the subject was both the study of wealth and the study of mankind. He believed it was not a NATURAL science such as physics or chemistry, but rather a social science. You may ask about how the Economics is the study of mankind. Well, when Adam Smith, father of the Modern Economics, says that the Economics is the science of wealth, but neither he nor Marshal literally means that it is the science of wealth. Just the main subject of Marshal includes mankind too. It is SIMPLE, the production, consumption and distribution of commodities and wealth depends on so many social and POLITICAL factors that in order to understand the Economy, STUDYING Society and Politics, and for the sake of SIMPLICITY we can use the umbrella term 'Mankind' for that, is important.

eople as Resource' is a way of referring to a country's working people in terms of their existing productive skills and ABILITIES. Human resource is an asset for the economy rather than a liability. Population BECOMES human capital when there is INVESTMENT MADE in the form of education, TRAINING and medical care.

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A product WHOSE demand rises when income rises, and vice versa, is called a normal GOOD. A few exceptions to this pattern do exist. As incomes RISE, many people will buy fewer generic brand groceries and more name brand groceries. They are LESS likely to buy USED cars and more likely to buy new cars.

The Rural Employment Generation Programme (REGP), is implemented through the Khadi and Village Industries Commission (KVIC), to help eligible ENTREPRENEURS to set up village INDUSTRY units and thus create employment OPPORTUNITIES in VILLAGES including small towns with POPULATION upto 20,000