Continue with your mobile number
No ring is a diamond (E) + All diamonds are pearl (A) ⇒ Some pearl are not ring (O) + Some bangle are pearl (I) ⇒ No conclusion. Hence neither conclusion I nor II follows but it will make a complementary pair. Hence either conclusion I or II follows.
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: