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%.
Who among the following called the Revolt of 1857 a āNational Revoltā?
With which of the following companies has ISRO collaborated with to strengthen research and development of NaviC messaging service?
SIMBEX is an annual bilateral naval exercise conducted between which two countries?
Vibration or wave caused by the sudden movement of tectonic plates within the earth that can travel through and around the earth is called:Ā
Which of the following statement is correct about Humayun's Tomb?
I. This tomb, built in 1570, is of particular cultural significance as it wa...
The headquarters of the Geological Survey of India is located in which of the following cities?
What is the total railway track length in India?
Which of the following statement is / are incorrect about ā World Bank and IMFā ?
I.Ā Ā Ā Ā Ā Ā Ā Ā The World Bank publishes theĀ World D...
Zero Effect Zero Defect Scheme related to?Ā
Which of the following statements regarding 'Bugyaals' in the state of Uttarakhand is false?
