A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 per unit. If it wishes to increase its sales by 10%, it must
PED = % change in qty/ % change in price 4 = 10%/% change in price % change in price = 2.5%. Since qty has increased, the price will fall by 2.5%.
Which of the following is not one of the causes of decline of Mauryan empire?
The book “Gita Rahasya” was written by
The First Opium war was fought between
Who among the following Mughal commanders compelled Shivaji to sign the Treaty of Purandar (1665)?
Group of Monuments at Hampi was built by?
Combine List-I and List-II and select the correct answer from the code given below
Consider the followingstatements:
1. Charvaka was the main expounder of this philosophy
2. The philosophy is materialistic in nature
What was the first Grammar Book of Sanskrit?
Which Veda is related to the rules of Yajna?
Which of the following constitute the famous "Trinity of Carnatic music"?
