Question
'Hoysala group of sacred temples has been included in
the UNESCO World Heritage Site list, in which state is it located?Solution
Hoysala temples of Belur, Halebid and Somnathpura, 'Hoysala group of sacred temples' located in Karnataka, have been included in the UNESCO World Heritage List. Recently, Shantiniketan of West Bengal was included in this list. The Hoysala temples were built in the 12th-13th century, which was the capital of the Hoysala dynasty, considered patron of arts and literature.
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"...
 The above curve is a
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Who introduced the concept of elasticity of demand?
When the economist speaks of an increase in demand, he is usually referring to a ____________________
Pricing decision includes
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
Movement along a demand curve as a result of change in price is known asÂ
Under price discrimination, price will be higher in the market where demand is
Shifts in demand curve as shown in the figure below represents
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