Question
Each of the candidates (1)/ have to submit (2)/ their
application forms (3)/ by the end of the day. (4) The following sentence has been split into four segments. Identify the segment that contains a grammatical error and select the option which rectifies that error. If no error is present then mark option 5 i.e., 'no error' as your answer.Solution
The error is in part 2. The correct phrase should be "has to submit." "Each" is singular and requires a singular verb "has".
A high value of cross-elasticity indicates that the two commodities are
Movement along a demand curve as a result of change in price is known asÂ
Which one of the following is not the function of a managerial economist?
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Information for pricing decision involves
Under perfect competition, the long-run equilibrium of the firm is established at
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
Statement “Price is the amount of money and/or other item with utility needed to acquire a product" is given byÂ
When price elasticity of demand is unity, the total expenditure:
Concept of 'Consumer's Surplus' was evolved by
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