The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.
A marketing executive goes on his field work and walks 2 km North, then he turns West and walks 6 km, then he turns North and walks 7 km, and then he turns to his right and walks 6 km. Where is he now with respect to his starting position
If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?