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Economics

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Adverse Selection Problem

Prof. LR:- Adverse Selection is a problem where one side is unable to complete a transaction because it will attract agents that will make the transaction unprofitable. Can you quote an example? Arbit Choudhury:- Yes Sir. The BJP is unable to make Narendra Modi the PM candidate because it will …

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Fringe Benefit Tax

Prof. LR:- Arpit! Do you know what Corporate Fringe benefit cannot be taxed under law? Arbit Choudhury:- Beautiful Co-workers !! Prof. LR:- Arpit! Do you know what Corporate Fringe benefit cannot be taxed under law? Arbit Choudhury:- Beautiful Co-workers !! Tweet This Post

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Indifference Curves

Antique jain:- That babe Anushka!! She is the hottest one in campus. I’ve been nuts about her for 3 months now. Ans she doesn’t even know that I even exist. What would you call such a girl? Arbit Choudhuy:- Indifference Curves Idea sent by – Soumya Sarpal, NITIE Tweet This …

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Laws of Marriage

Maya:- Why does your attraction towards one’s wife reduce as years of married life increase? Arbit Choudhury:- Law of Diminishing Marginal Utility!! Tweet This Post

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