Question
A firm finds that for the product it produces, its (own)
price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 per unit. If it wishes to increase its sales by 10%, it mustSolution
PED = % change in qty/ % change in price 4 = 10%/% change in price % change in price = 2.5%. Since qty has increased, the price will fall by 2.5%.
Insurance Regulatory Development Authority was setup on the recommendation of Malhotra Committee which was headed by __________________ and who was ____...
During the period when moratorium is declared by the Adjudicating Authority which of the following is prohibited?
If offence is punishable with fine only, the period of limitation for taking cognizance of it shall be
The Adjudicating Authority shall, ________________ ascertain the existence of a default from the records of an information utility or on the basis of ot...
In the case Ashby vs. White, 1703, the legal maxim 'injuria sine damno' is highlighted. What did the court decide regarding the damages in this case?
Order XXI of C.P.C. is related with :
The term debt has been defined under IBC as _________________
An instrument, which has been registered under the Indian Registration Act 1908, is cancelled by the court, the court shall send a copy of its decree to:
Which of the following section of C.P.C. prohibit the arrest of women in the execution of a decree for money ?
What does the term "Alternate Dispute Resolution" (ADR) refer to?