New Price, P1 = 14 New quantity, Q1 = 1120/14 = 80 Old total expenditure, X X+ 40% of X = 1120 X = 800 Old Price, Po = 8 Old Quantity, Qo = 800/8 = 100 Therefor, change in quantity = -20 Change in price = 6 Price elasticity of demand = dQ/dP * Po/Q0 = -20/6 * 8/100 = -0.267
Which policy is known as New Economic Policy?
Which of the following is not published by Labour Bureau in the Ministry of Labour and Employment?
The Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) scheme is primarily aimed at:
What is the funding limit provided per family per year under the Pradhan Mantri Jan Arogya Yojana (PMJAY)?
Which of the following is the highest decision making body in the World Trade Organisation?
Which of the following States does not have any PVTGs?
The National Pension Scheme (NPS) is a social security initiative by the Central Government. Who among the following are not eligible to become the bene...
What is the percentage of Adjusted Net Banking Credit (ANBC) that domestic banks are required to lend to the weaker section according to the lending re...
Forecasting Agriculture output using space, agrometeorological and land-based observation (FASAL), which organisation will generate multiple forecasts o...
Which of the following Statements is/are True?
I- WHO is an independent agency owned by some of the top pharma companies across the globe.
