Question
The policy comes after companies faced criticism on
requiring employees to work during the floods, despite a red alert issued by the national weather agency. Read the sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is ‘No error’, the answer is (5). (Ignore errors of punctuation, if any).Solution
The preposition "on" is incorrect in this context. The correct preposition should be "for" , as the phrase "faced criticism for" is the appropriate expression when referring to what the criticism was about.
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 as
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 by
When price elasticity of demand is unity, the total expenditure:
Concept of 'Consumer's Surplus' was evolved by
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