Question
A boy plays with a ball and he drops it from a height
of 1-5 m. Every time the ball hits the ground, it bounces back to attain a height 4/5th of the previous height. The ball does not bounce further if the previous height is less than 50 cm. What is the number of times the ball hits the ground before the ball stops bouncing?Solution
The correct answer is D
The reasons for L-shaped long run average cost curve is/are
The positive cross elasticity of demand between two products means the two products
Pricing decision includes
Diamond-water paradox establishes the fact that
Shifts in demand curve as shown in the figure below represents
When price elasticity of demand is unity, the total expenditure:
In case of Giffens goods, price effect is
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
The goods whose demand is not tied with the demand for some other goods are said to haveÂ
OPEC is an example ofÂ