Question
Four of the following five are alike in a certain way
and so form a group. Which is the one that does not belong to that group? Study the following information carefully and answer the following questions given below: Eight persons Shikha, Ruchi, Divya, Kiran, Reena, Priya, Garima and Sonam are sitting in a circle, but not necessarily in the same order. Four of them are facing outward and four of them are facing the centre. Priya is an immediate neighbour of Kiran, and Divya is an immediate neighbour of Garima. Kiran is not an immediate neighbour of Ruchi. Kiran faces the centre and both the immediate neighbours of Kiran are facing outward. Reena faces outward. Both the immediate neighbours of Reena are facing the centre. Sonam sits second to the right of Reena. Ruchi sits third to the left of Reena. Garima sits second to the left of Shikha. Ruchi sits third to the right of Sonam. Both the immediate neighbours of Ruchi face opposite directions. Divya sits on the immediate left of Ruchi.Solution
Break-even analysis can also be termed as
When price elasticity of demand is unity, the total expenditure:
Economics of scale means
OPEC is an example ofÂ
Pricing decision includes
Under perfect competition, the long-run equilibrium of the firm is established at
When AR is constant, MR is
Statement “Price is the amount of money and/or other item with utility needed to acquire a product" is given byÂ
Who introduced the concept of elasticity of demand?
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to