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Periyar National Park, situated in the districts of Idukki and Pathanamthitta in Kerala, is notable as both an elephant reserve and a tiger reserve. Declared a national park in 1982, it is one of the most biodiverse regions in southern India.
A firm maximizes its profit when
Pricing decision includes
The above curve is a
Elasticity of demand measures the
The reasons for L-shaped long run average cost curve is/are
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Which one of the following is not the function of a managerial economist?
Break-even analysis can also be termed as
Concept of 'Consumer's Surplus' was evolved by
When price elasticity of demand is unity, the total expenditure: