Question
Demand function for two commodities was given as below.
Which of the following options are correct? Q1= A1(Px1)-0.5 (Px2)0.2 Q2 = A2(Px2)-0.5 (Px1)0.6Solution
dQ1 / dPx2 = A1(Px1)-0.5 (0.2) (Px2)-0.8 Ed for Q1 wrt Px2 = 0.2 dQ2 / dPx1 = A2(Px2)-0.5 (0.6) (Px1)-0.4 Ed for Q2 wrt Px1 = 0.6 Thus, the two goods are competitive to each other because ed is positive.
   Debenture redemption reserve is transferred to which reserve:
Which of the following is the correct full form of REIT?
What is the minimum duration for which a Small Account can remain operational after opening, if the account holder has not furnished any Officially Vali...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
With effect from ______, the historic indirect tax reform- GST was introduced in India.
Under AS 6, which of the following cannot be considered a method of depreciation?
Concurrent audit is a part of:
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
As per recently published data of PIB related to 31st March 2023, How much Gross Merchandise Value (GMV) GeM has recorded in FY 2022-23?
Gross working capital refers to:
