Question
ARP is a manufacturing concern. It came to you with the
following details to know its profit: Variable Cost: ₹ 50,000 Fixed Cost ₹ 20,000 Selling Price: ₹ 80,000 What will be the profit?Solution
Selling Price: (₹ 80,000) Variable Cost: (₹ 50,000) Fixed Cost (₹ 20,000) Profit (₹ 10,000)
According to the neoclassical growth model, which of the following statements is false ?
The Stolper-Samuelson theorem is a result in international trade theory. According to this theorem, an increase in the price of a good will:
With reference to the governance of public sector banking in India, consider the following statements:
- Capital infusion...
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...
Oligopolies can end up looking like competitive markets if the number of firms is
Whenrxy>0,thenbyxandbxyareboth:
...According to monetarists view, in the long-run, the Philips curve
Using the following table. Find the profit-maximizing output when price is Rs 25:
Judging from the figure, a person that chooses to consume bundle C is likely to
Opportunity cost version of comparative cost advantage doctrine was introduced by
