Question
In a queue of travellers at the emigration counter
facing north, Pankaj is 9th from the extreme left end and Puja is 17th from the extreme right end. If the positions of Pankaj and Puja are interchanged, then the new position of Pankaj will be 15th from the extreme left end. Find the number of travellers between Puja and Pankaj.Solution
The correct answer is C
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