If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to
In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?
If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?