Question
Who is eligible to file a complaint with the District
Commission regarding goods or services under the Consumer Protection Act?Solution
Section 35.  Manner in which complaint shall be made. (1) A complaint, in relation to any goods sold or delivered or agreed to be sold or delivered or any service provided or agreed to be provided, may be filed with a District Commission by-- (a) the consumer,-- (i) to whom such goods are sold or delivered or agreed to be sold or delivered or such service is provided or agreed to be provided; or (ii) who alleges unfair trade practice in respect of such goods or service; (b) any recognised consumer association, whether the consumer to whom such goods are sold or delivered or agreed to be sold or delivered or such service is provided or agreed to be provided, or who alleges unfair trade practice in respect of such goods or service, is a member of such association or not; (c) one or more consumers, where there are numerous consumers having the same interest, with the permission of the District Commission, on behalf of, or for the benefit of, all consumers so interested; or (d) the Central Government, the Central Authority or the State Government, as the case may be: Provided that the complaint under this sub-section may be filed electronically in such manner as may be prescribed.
The demand function for a good is X = 5000 – 10Px + 15Py + 0.2Y, where in Px is the price of X, Py is the price of another good and Y is the incom...
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidies...
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
Which recent policy initiative aims to make India a $5 trillion economy by 2025?
For a monopolist, price is Rs.16 and marginal revenue is Rs.4, the elasticity of demand will be
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table...
A decrease in the tax to GDP ratio indicates which of the following:
-
Slowing economic growth rate
...
-
What is the correlation coefficient of the straight line ax+by+c=0 wherein a>0 and b>0