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

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

What denotes offering several products for sale as one combined product?

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

Be appropriate or applicable

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

____________________ some respects, this is unsurprising. Many of these laws do not have an _______________ political flavour. The rule against admitting _______________ evidence, for instance, is a result of simple good sense and a keen awareness of human ______________, independent of the relationship between the ruler and the ruled. The same ________________ for the laws of property and contract.

____________________ some respects

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once ______________, it is that time of the year when the examination results season may be just ending and the admissions season is in progress, and marked by a _________________ of two contradictory voices — often from the same people — that rose to deafening ____________ from April to May when the results of various school boards _________________. The first voice __________________ those who succeeded and did wondrously well.

The first voice __________________ those who succeeded and did wondrously well.