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A Lerner Index of 0 indicates perfect competition, where the price equals marginal cost, and firms have no market power to mark up prices above its cost. Formula of Learner index is à L= ((P-MC)/P) = 1/e, where e is the price elasticity of demand.
Was it taught by him?
Select the correct active form of the given sentence.
He was given another chance by his employer.
Two sentences are given below, with three words emboldened in each of them. Interchange the words between two sentences to form a grammatically and con...
Change the given sentence into passive voice.
Who had seen the happier days?
Arrange the given words in the sequence in which they occur in the dictionary.
A. Misjudge
B. Monetarism
C. Misinterpret
D. Moccasin
The juice was made using fresh oranges.
Select the correct active form of the given sentence.
All his faults were forgiven by her.
Was the room decorated by him?
Children laughed at the clown.
