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Since the drug is lifesaving and has no close substitutes, the demand is likely to be relatively inelastic. This means that even if the company increases the price, the quantity demanded will not decrease significantly because patients are willing to pay a high price for a life-saving treatment.
Which of the following is not an essential of partnership ?
According to CPC no Court shall proceed with the trial of any suit____________
As per the Specific Relief Act a person dispossessed of an immovable property can file a suit within____________
Which of the following correctly explains a Tort?
The Supreme Court in which case directed all the States and Union Territories to consider the ‘plight of acid attack victims and take appropriate ste...
According to section 12A of the Airports Authority of India Act no shall be made without the previous approval of the _______________________
What are the consequences of rescission of voidable contract as per the Contract Act?
No depository shall act as a depository unless it obtains a
What are the prohibitions with respect to strikes and lock outs on a person employed in a public utility service, in breach of contract?
The head office of the Authority shall be at ________________