A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
Statementais true. The intersection ofSMCandMRis always best, unless it results in a loss that exceeds the firm's total fixed costs, in which case it is better to shut down and produce nothing. To find the price a price-setter must set, we always look at the point on its demand curve at the output it wishes to sell.
According to the data provided by the Ministry of Consumer Affairs, Food & Public Distribution, how much amount in Lakh Metric Tons (LMT) of sugarcane w...
Which state in India, known for its beaches and cuisine, celebrates its statehood day on May 30th and was previously a Portuguese colony for over 450 ye...
According to a report by the government think tank NITI Aayog and the Institute for Competitiveness, ________ has among of the lowest R&D expenditur...
When was INS Nirupak decommissioned, marking the end of its 38 years of service?
Which small finance bank has collaborated with Water.org that will be offer loans to existing as well as new customers of the bank starting from Rs 6,00...
Consider the following statements:
I. Recently Ahmedabad and Chennai have been featured the Time magazine’s list of World’s greatest ...
According to Goldman Sachs, what factors contribute to India being a favorable destination for investments?
India has suspended the tourist Visas for which of the following countries?
Dr. Yashpal Singh, an Eklavya Model Residential School teacher, was honored with which prestigious award in 2023?
Which country won the 10m air pistol mixed team gold in the ISSF World Cup?