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, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Get up on the wrong side of the bed

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.

______________________ the Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

they did not collapse taking ____________________ them the rest of the financial system.

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.

Most __________________ of all to the rambler on avian lore intent is the fact that there are many species and genera that are peculiar to the West, and ______________ new to him, keeping him constantly on the 'qui vive'. _____________ Colorado you will look in vain for the common blue jay, so abundant in all parts of the East; but you will be more _______________ compensated by the presence of seven other species _____________ the jay household.

but you will be more _______________ compensated

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

She was so much overwhelmed with her (1)/ sons’ devotion and affection that she (2)/ did distributed all her wealth and property among them. (3)/ No error (4)