Suppose an agricultural labourer earns ₹ 400 per day in her village. She gets a job to work as babysitter in a nearby town @ ₹ 700 per day. She chose to work as agricultural labourer. Which one of the following is the opportunity cost of the agricultural labourer?

Which one of the following is not an assumption in the law of demand?

Which one of the following is an example of a price floor?

Which one of the following statements for a firm's equilibrium in Perfect Competition is not correct?

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the indi…

In the context of any country, which one of the following would be considered as part of its social capital?