Question
Solution
Here at optimal, we consume both in an ideal world, but if income is so less that we can’t even purchase amount of X at the equilibrium, in this case we are spending all our income to good X. Hence can’t say.
The Parmanand Katara Vs Union Of India (1989) case is associated with which of the following?
पटवों की हवेली स्थित है ?
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In case of mutually exclusive projects and when NPV and IRR giving conflicting results, go for the project having higher IRR
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