Questions

The word Gotra occurs for the first time in Rigveda. In Hindu society, the term gotra is commonly considered to be equivalent to a clan. It broadly refers to people who are descendants in an unbroken male line from a common male ancestor or patriline.

Generally, the gotra forms an exogamous unit, with the marriage within the same gotra being prohibited by custom, being regarded as incest.

A large number of firms compete and Each firm produces a differentiated product is a characteristic of the market structure for monopolistic competition.

Fixed expenses are those expenses that do not change when there is a change in production or sales level.

Examples of Fixed Expenses are rent, insurance, payment on loans, salaries, advertising, etc...