APC and MPC are two parameters. Which of these parameters can be greater than one, and when?

Other Economy Questions

• 43. Consider the following statements with references to GST 1.GST is based on the principle of destination-based consumption taxation as against the present principle of origin-based taxation. 2. GST is applicable on manufacture of goods or services as against the earlier concept of supply of goods or on sale of goods or on provisioning of services. 3. Integrated GST (IGST) would be levied on inter-state supply of goods or services and proceeds will be apportioned between the Union and the States. Which of the above statement(s) is/are correct? Only 1 and 2 Only 2 and 3 Only 1 and 3 All of the above
  Author:

  pena

  1 year ago
• Define price elasticity of supply . How is it measured ?
  Author:

  dickens

  1 year ago
• Aggregate supply is the total amount: of products produced by a given industry. of goods and services produced in an economy. of labor supplied by all households. produced by the government.
  Author:

  roxie

  1 year ago
• Why has water become an economic commodity?
  Author:

  major75

  1 year ago