Question
A firm sells 40 units of commodity X when its price is
10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0.8.ÂSolution
es = (delta Q* P)/ (delta P*Q) 0.8 = 20*10/(P2-20) *40 P2 = 16.25
When was the National Bank for Agriculture and Rural Development (NABARD) set up?
The all type of fertilisers, whether it is DAP, NPK or urea will be sold under the brand name of Bharat under the scheme………………..
...Who is the fastest batter to score 2000 runs in ODI cricket in the world?Â
Which kind of soil is best for growing cotton?
According to Planning commission, Indian region is divided into how many agro climatic zones?
Which among the following agency is responsible for procurement, distribution and storage of food grain production in India?
As per Ranking of Special Category which state acquires top position as per NFSA?
Which of the following country approved the commercial cultivation of GM Mustard?
Which country is leading in sugarcane production?
Which sector’s share typically decreases with economic development?Â
