Question
Two duopolist firms, 1 and 2, sell a homogeneous good in
a market with the demand function Q=100−2P, where Q is the quantity demanded at price P. Firms 1 and 2 have constant marginal costs of 0 and 30, respectively. The firms simultaneously announce prices, and consumers buy from the firm whose price is lower. If the firms choose the same price, all the consumers buy from firm 1. Firm 1's equilibrium price is:Solution
Plaint shall state precisely the amount claimed in all money suits except amount for________
In which of the following case, the Supreme Court of India has held that mere fact that a witness is inimically disposed toward accused person (hostile ...
Which article is referred to as ‘the soul of the Constitution?
The word "Public Servant" denotes a person falling under:
What are the essential elements that constitute extortion?
The question is, whether A committed a crime at Calcutta on a certain day.
The fact that, on that day, A was at Lahore is relevant.
Whi...
The Chairperson and the whole-time members of PFRDA are prohibited from further appointment under the Central or State Government for a period of ……...
What happens to suits and applications, including those under the Arbitration and Conciliation Act, 1996, related to a commercial dispute of a Specified...
Which one of the following sections of Indian Evidence Act deals with relevancy of opinion as to digital signature?
Under the Hindu Marriage Act, 1955, which of the following is not a valid ground for divorce?
