In the context of drainage system of river Sutlej, which

When AR is constant, MR is

Concept of 'Consumer's Surplus' was evolved by

Who introduced the concept of elasticity of demand?

Shifts in demand curve as shown in the figure below represents

A movement along a demand curve indicates that a different quantity is being demanded

This movement is due to

OPEC is an example of 

When price elasticity of demand is unity, the total expenditure:

The increasing returns to scale occurs. because larger scale provides greater specialization to various factors" is a statement given by

Pricing decision includes

The positive cross elasticity of demand between two products means the two products