Microeconomics- Business Decision making a)Explain the role of microeconomics in business decision making. Ans) The role of microeconomics in business decision making can be explained as under: 1) Optimal resource utilization: The productive resources are scarce in the economy and microeconomics tells how the productive resources are allocated in the production of various goods and […]
Very short questions,Demand and Supply What do you mean by demand? Ans) Demand means the quantity of goods and services which consumers would buy in a market at a given time and price.In order to change desire into demand ,it is essential that the consumer should have both willingness and ability to pay. Define Demand […]
Internet,Advantages and Disadvantages of Internet,Services Provided by internet Internet: Internet is a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.   Advantages and Disadvantages of Internet: Advantages:  1) Information on almost every subject imaginable. 2) Powerful search engines 3) Ability to do research from […]
Wordprocessing,Features,Advantages,Disadvantages,Linking and Embedding Word Processor: A word processor is an electronic device or computer software application, that performs the task of composition, editing, formatting, and sometimes printing of documents.A word processor is a type of application software. Just as the word ‘application’ sounds, Word processors as spreadsheets, databases etc. allow users to accomplish a task […]
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