Question
A firm finds that for the product it produces, its (own)
price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 per unit. If it wishes to increase its sales by 10%, it mustSolution
PED = % change in qty/ % change in price 4 = 10%/% change in price % change in price = 2.5%. Since qty has increased, the price will fall by 2.5%.
Which of the following is not a sedimentary rock?
Wold Soil Day is celebrated every year on 05 of December, The theme for the year 2022 is :
Who is the COP27 president?
Which of the following committee was involved in the recommendation of establishment of NABARD………………..
As per Ranking of Special Category which state acquires top position as per NFSA?
Recently, the Ministry of Commerce and Industry announced that the first consignment of organic millets would be exported to………………………...
The development of seed without sexual reproduction is known as
The ozone layer absorbs harmful Ultra Violet radiation from sun. It is present in the upper portion of
Identify the organelle often referred to as the cell's powerhouse? Â
A minimum of how many satellites would required to cover the entire agricultural area of india under the “ Bharat Krishi Satellite Programme”?
