Question
If the price of coffee rises from Rs.45 per 250 gms per
pack to Rs. 55 per 250 gram per pack, and as a result the consumer's demand for tea increases from 600 packe to 800 packs of 250 gms, then the cross elasticity of demand of ten for coffee isSolution
The correct answer is D
Which one of the following is a correct equation?
According to Modigliani-Miller theory, if a firm’s investment policy is fixed, how does dividend decision affect the value of the firm?
Given: Total Assets ₹250 lakh; Equity ₹100 lakh; Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Deb...
Unclaimed dividend is shown in the balance sheet under the head
What does CBLO stand for?
During the year 2016-17, the profit of the business before charging manager's commission was Rs. 1,89,000. If the manager's commission is 5% after charg...
A type of market in which securities with less than one year maturity are traded, is classified as
What is the amount of loan support provided by the World Bank under the MERITE scheme?
Material costing Rs. 700 in the erection of the machinery and the wages paid for it amounting to Rs. 400 should be debited to:
Which of the following is not a source of long-term finance?