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Positional value of each letter of the word in the alphabetical series. BAG : B – 2 A – 1 G – 7 GATE: G – 7 A – 1 T – 20 E – 5 Similarly, in BAKERY - 211151825
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:
