Compute (a) Domestic Income and (b) Net National Disposable Income. (6) S. No. Items Amount (in Crores) i) Net Exports 155 ii) Government final consumption expenditure 2500 iii) Subsidies 120 iv) Gross domestic fixed capital formation 1190 v) Net factor income to abroad 125 vi) Net decrease in inventories 100 vii) Net Exports (-) 420 viii) Net Indirect Taxes 470 ix) Net Current transfers from abroad 350 x) Current replacement cost 145 xi) Private final consumption expenditure 2200 OR

Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.