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9 factors that determines the elasticity of demand

9 most essential factors that determines the elasticity of demand are : 1. Nature of goods 2. Availability of substitutes 3. Alternative use 4. Possibility of postponing consumption 5. Proportion of income spent 6. Price-level 7. Force of habit 8. Durability of commodities and 9. Income level.

By |2011-05-30T02:55:48+00:00May 30, 2011|Economics|Comments Off on 9 factors that determines the elasticity of demand

Here is the summary of the poem:- “A Psalm of Life”

Life is not full of sadness. It is an empty dream. A dream presents many pleasant many pleasant things which vanish as soon as it breaks. Similarly, some pessimistic people consider life as unreal and empty as dream.

By |2011-05-20T23:48:52+00:00May 20, 2011|Summary|Comments Off on Here is the summary of the poem:- “A Psalm of Life”

Essay – The tyranny of customs

What is habit in an individual becomes custom when followed by a people. Man is by nature imitative. He follows the beaten track.

By |2011-04-02T05:19:00+00:00April 2, 2011|Essay|Comments Off on Essay – The tyranny of customs

What are the essential characteristics of insightful learning ?

The common features of the experiments on insightful learning are as follows: The nature of the experimental situation is very important for insightful learning. The organism must be able to perceive the relationships among all relevant parts of the problem before insight can occur.

By |2011-02-07T16:21:46+00:00February 7, 2011|Psychology|Comments Off on What are the essential characteristics of insightful learning ?

Complete information on the progresses and developments made in the scientific period of psychology

Ideas from philosophy and natural sciences were combined to give rise to the development of the new field of psychology. In the last quarter of the nineteenth century, psychology established itself as an independent discipline.

By |2011-01-29T17:55:03+00:00January 29, 2011|Psychology|Comments Off on Complete information on the progresses and developments made in the scientific period of psychology
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