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Kummi is a folk dance, popular in Tamil Nadu and Kerala in India, danced mostly by Tamil women in circle. Kummi often accompany by songs, called "Kummi songs". It is often danced during festivals. Kummi is one of the most important and ancient forms of village dances of Tamil Nadu. It originated when there were no musical instruments, with the participants clapping their hands to keep time.
A firm maximizes its profit when
Market with one buyer and one seller is called
Elasticity of demand is based on which of the following factors?
Market demand for any good is a function of the
The positive cross elasticity of demand between two products means the two products
Movement along a demand curve as a result of change in price is known as
Economics of scale means
When the economist speaks of an increase in demand, he is usually referring to a ____________________
Which one of the following is not the function of a managerial economist?
Shifts in demand curve as shown in the figure below represents
