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%.
The form of nitrogen that is specific to denitrification isÂ
Which insect species is the primary producer of silk through its salivary glands?
During Hybridisation in plants ,The process of removal of stamens from a flower is called:
Botanically Banana fruit is:
Which one of the following is not a physical indicator of soil?
Reserpine, a drug is extracted fromÂ
The edible part of a potato plant is the modification of which part of potato plantÂ
Which of the following is incorrectly matched?
In which dual-sector economic model is labor considered surplus in the traditional agricultural sector, leading to labor transfer to a modern industrial...
Which of the following techniques is employed to determine the nutrient status of a standing crop and involves collection and analysis of plant tissues?
