Availability of laborers: with mobility of laborers made possible, it will compensate for the retirement of laborers in certain places. As workers retire because of old age etc. laborers from other places take their places and there is no wastage of labor.Reducing Economic disparity of Regions: in this case the under developed regions will benefit … Read more

The elasticity of supply of different products depends upon the following factors. Nature of Products: if the product is perishable in nature, its supply would be perfectly inelastic because the supply of perishable goods can neither be increased nor decreased in a short period. On the other hand, the supply of durable goods is generally … Read more

As it is known that extension and contraction in demand take place due to change in the price of a product; whereas rise and fall in demand take place due to factors other than price. These factors are as follows: A change in income: when the income of a consumer increases he purchases more of … Read more

The law of diminishing marginal utility is based on the logic that all human wants are manageable.  The assumptions of this law are: Suitable units of consumption, a consumer good should be used in suitable units. Thus the size of the unit should neither be too long nor too small. For example if we are … Read more

The demerits of definition of Economics given by Robbins are as follows: Robbins has tried to make Economics a pure or positive science whereas it is a social science because it deals with the behaviour of the human being. In pure science whatever is stated today will definitely be true even two centuries later. But … Read more

The merits of Robbins definition are: comprehensiveness Robbins definition reflects the realities of life. As it is known that human wants are unlimited and the available resources are limited and all of human beings are making the alternative use of resources. This means that all human beings are faced with the problem of scarcity and … Read more

Lionel Robbins criticized Marshal's definition of economics in his book "Nature and Significance of Economic Science". That was written in 1932. He particularly focused the phrase "material requisites of well being". The points of his criticism are as follows: It limits the scope of economics: Marshal says that in economics we study production and consumption … Read more

When Adam Smith gave definition of economics in 1776, British society was a religious society. Therefore, religious minded people criticized the subject of economics on the ground that it will make the society as well as the individual materialistic and will take them away from spiritual values like friendship, brotherhood, love, sacrifice, patriotism. Instead, it … Read more

Adam smith wrote a book in 1776 whose title was "Wealth of Nations". In his book he discussed the word 'wealth' through its four aspects: Production of wealth, exchange of wealth, distribution of wealth and consumption of wealth. There fore it can be said according to Adam Smith: "Economics is a science of wealth". Wealth … Read more

For calculating cyclic redundancy checks the hardware used is three shift registers and three exclusive or units. The used hardware is low priced and simple to build. The shift registers are interlinked by XOR units. The output from the rightmost exclusive or hardware unit goes to three positions concurrently: the input and two other exclusive … Read more

Although several error detection methods have been devised, only few are used in practice. Most of network systems send with data packeta a checksum so that receiver can detect errors properly. The sending side uses the data as series of integers and calculates their sum so that calculation of checksum should be accurate. The data … Read more

There are major selection arts and crafts that Aztec people did. However, the feather work done by Aztec artists is the least known art. They were great feather crafters and had produced wonderful ways of collecting feathers across their whole estate and integrated them into objects. These objects have great visual force and they are … Read more

People throughout the world used to celebrate happy moments and events by feasting. Luau is a Hawaiian word that means "a feast". Luau is an occasion where people who live in Hawaiian Islands gather family and friends to have good food and have fun. The earlier name for such feasts that Hawaii people used is … Read more

Although using characters to mark the beginning and end of each frame has advantages, most computer networks cannot afford to reserve characters for use by the network. Instead, the network permits an application to transfer arbitrary data values across the network. In particular, an application may choose to send data that contains one or more … Read more

Walter A Shewhart was born on 18th March, 1981 in New Canton, United States of America. He has done major contribution in the field of mathematics and process modeling. Shewhart developed the PDCA cycle and W. Edwards Deming made it famous therefore, Plan Do Check Act cycle is also known as Shewhart cycle or Deming … Read more

Segment register This is a group of 4 (sometimes 6) registers named CS, DS, ES, & SS, (FS, GS) each has 2-byte. These registers are called segment registers, and are used in conjunction with either the IP register or two index registers DI and SI to address various areas of computer memory. CS is the … Read more

Change control process is used for identifying and maintaining changes to baselines of a project. Change Control Procedure is a process of creating a formal method for identifying, documenting, evaluating, and communicating all changes to projects. The major roles and responsibilities involved in change control process are Project Manager who is responsible for creating a … Read more

Ingredients: ½ kg boneless chicken, cut into strips (chicken pieces should not be thin enough) 1 tsp chilli sauce 1 tsp white vinegar 1 tsp white paper 1 ½ tsp paprika powder 2 tbsp garlic paste 2 tbsp chilli garlic sauce 3 cups bread crumbs Salt to taste Oil for frying chicken fingers For batter: … Read more

Primary valence bonds connect the atoms in the chain of a macromolecule while secondary valences bonds act between macromolecules and hold them together. Primary valence bonds, also called covalent bonds, are the chemical bonds, while secondary valence bonds are physical in nature. The bond energy is defined as the energy difference between the bonded state … Read more