Question
Effect      i.       The
Prime Minister effected the schemes for farmers and local businessmen in the Northeast states.     ii.       Customers whose loan accounts were found to be under ‘Non-performing assets’ had to let their effects be confiscated.    iii.       The climate changes had a bad effect on global temperature and agriculture production. Below are given three sentences with one common word in each. Choose the sentence that incorrectly uses the word.Solution
In the first sentence ‘effected’ means ‘to bring into action or to cause something’. In second it means ‘personal belonging’. In the third sentence it means ‘impact’ or ‘influence’.
A rightward shift in supply curve indicates
When AR is constant, MR is
A high value of cross-elasticity indicates that the two commodities are
Statement “Price is the amount of money and/or other item with utility needed to acquire a product" is given byÂ
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
Elasticity of demand is based on which of the following factors?
Pricing decision includes
Market with one buyer and one seller is called
The goods whose demand is not tied with the demand for some other goods are said to haveÂ
Which one of these is an exception to the law of demand?
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