Amish Tripathi, a famous Indian writer, is working on a series based on Ramayana, in which the first two books focus on Rama and Sita, respectively. On which character does the third book of this series focus?
The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.
If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?