Questions

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

Which of the following best describes monetary policy?

Pressure is measured in terms of

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, the compensation for death increased from Rs 25,000 to ______

World Wetland day is celebrated every year on ___ February.

A boat goes 15 km upstream and 10 1/2 km down stream in 3 hrs 15 min. It goes 12 km upstream and 14 km downstream in 3 hrs. What is the speed of the boat in still water?