Hedge Plants Uses and Classification
What is a hedge plant? Definition of hedge plants: The plant populations planted along the border or on the boundary for fencing purposes are called hedges. The low-growing perennial plant …
Best cultivation procedure of cactus
Cultivation procedure of cactus 1. Climate Cacti can tolerate wide range of temperature. Except the pure tropical species, all cacti are able to tolerate lower temperature. Very high or low …
Basic definition and 8 characteristics of cactus
Definition and characteristics of cactus: Cacti (singular – cactus) are a group of plants with peculiar shape and size and mostly adopted for desert life. The adverse environment has made …
The Law of Demand definition and the Limitation of the Law
The Law of Demand definition and the Limitation of the Law The Law of Demand This law simply expresses the relationship between quantity demanded of a commodity and in prices. …
Demand Schedule and Demand Curve
Demand Schedule and Demand Curve and Why Demand Curve Slopes Downward to the Right? Demand Schedule The demand schedule is the list of different quantities demanded of a commodity that …
The basic concept and types of demand, changes in demand
The basic concept and types of demand: There is a difference between demand and desire. A sickly child needs a tonic or a peon desire to have a TV set. …
Basic Assumptions and Limitation of the Law of Equi-marginal Utility
Law of Equi-marginal Utility Assumptions: 1. Income constant 2. Tastes are also given 3. Intention to maximize his or her satisfaction 4. Price conscious 5. Rational consumer Suppose …
Law of Diminishing Marginal Utility and Its Limitation
Law of Diminishing Marginal Utility The law refers to the common experience of every consumer. Suppose a person starts eating mango one after another. The first mango gives him great …
Marshallian Utility Analysis and Its Basic Assumptions
Marshallian Utility Analysis Total Utility: Total utility of a commodity is the sum utilities, which a consumer attains from the consumption of that commodity at a given period of time. …
Farmer making decisions considering basic 5 things
Farmer making decisions: Farmers have many alternative uses of their resources. A farmer cannot employ his resources in all possible uses at the same time. For example, a person can …