GNP at factor cost refers to income which the factors of production receive in return for their service alone.
GNP at FC = GNP at Market Price - Net Indirect Taxes + Subsidies
No difference. Both are the same.
administered price means price set by a body outside of the market..And market price is a price set up on basis of demand and supply.
Extension is when the price goes up and no other factor changes. Contraction is when the price goes down and no other factor changes.
Price is the value or worth of a product or service and when you say price then it vehicle the normal price of a product or a service which a company charges. On the other hand, market price is the price of a product or service which is contained by a marketplace and is resulted through market efficiency, equilibrium and normal expectations. Normal price can be lesser, equal or greater than the market price. If most of the companies in an industry charge open market prices for the products or services then competition is high in that specific industry.
Consumer surplus is the difference between the maximum amount a person is willing to pay for a good and its current market price. Producer surplus is the difference between the current market price and the full cost of production for the firm.
No difference. Both are the same.
No difference. Both are the same.
administered price means price set by a body outside of the market..And market price is a price set up on basis of demand and supply.
The spot price is the current price at which a commodity or asset can be bought or sold for immediate delivery, while the market price is the price at which a commodity or asset is currently trading in the market.
Extension is when the price goes up and no other factor changes. Contraction is when the price goes down and no other factor changes.
Price is the value or worth of a product or service and when you say price then it vehicle the normal price of a product or a service which a company charges. On the other hand, market price is the price of a product or service which is contained by a marketplace and is resulted through market efficiency, equilibrium and normal expectations. Normal price can be lesser, equal or greater than the market price. If most of the companies in an industry charge open market prices for the products or services then competition is high in that specific industry.
In the bond market, the bid price is the highest price a buyer is willing to pay for a bond, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the bid-ask spread.
Consumer surplus is the difference between the maximum amount a person is willing to pay for a good and its current market price. Producer surplus is the difference between the current market price and the full cost of production for the firm.
The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the spread, and it represents the cost of trading in the financial market.
share premium could be calculated as by getting the difference between the market price of the share and its nominal price. Formula: Share Premium= Market Price - Nominal Price
Options that are "at the money" have a strike price that is equal to the current market price of the underlying asset, while options that are "in the money" have a strike price that is below the current market price of the underlying asset.
A table which contains values for the price of a good and the quantity that would be supplied at that price. A market demand schedule is a table that lists the quantity of a good all consumers in a market will buy at every different price.