Question
Recently, AIR INDIA was taken over by TATA group, when
was it established. ??Solution
The airline was founded by J. R. D. Tata  as Tata Airlines in 1932; Tata himself flew its first single-engine de Havilland Puss Moth , carrying air mail  from Karachi 's Drigh Road Aerodrome  to Bombay's Juhu aerodrome  and later continuing to Madras  (currently Chennai ). After World War II, it became a public limited company  and was renamed as Air India
The increasing returns to scale occurs. because larger scale provides greater specialization to various factors" is a statement given by
Which one of the following is not the function of a managerial economist?
Under perfect competition, the long-run equilibrium of the firm is established at
From the resource allocation point of view, perfect competition is preferable becauseÂ
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"...
Cross-selling means:
Information for pricing decision involves
OPEC is an example ofÂ
A table indicating various levels of demand at various prices is termed as
A rightward shift in supply curve indicates