The concept that a principal is bound by the acts of his agent performed within the scope of authority is represented by which legal maxim__________________
The maxim means, “he who acts through another is deemed in law to do it himself”. It is a fundamental legal maxim of the law of agency.
What is the likely elasticity of supply when the supply curve is a straight line, vertical to the x-axis?
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
A perfectly elastic demand curve is
For normal goods, the demand curve has a/an_______ slope.
