Questions

__________________ is a good whose quantity demanded decreases when consumer income rises.

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?

One should use porcelain and not metal containers in a microwave oven because..

Which state of India produces the highest quantity of Jute?

What is the basic unit of classification in taxonomy?

Which union minister recently launched the NARI portal which focuses on women empowerment?

An indifference curve measures the same level of ___________

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.