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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
What will happen to the real income of the buyer if the price of a commodity falls?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
What are the assumptions of the law of demand?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Name the three components included in the definition of demand.
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- Asked by Nikita Chetry
- Latest Answer: 41 days ago
- In: Commerce
For growing 1000 kg. of rice a farmer hires a land for ₹ 5,000. He employs labourers on daily wages and pays them ₹ 31,500. He purchases raw materials for ₹ 3,000. Calculate total cost, variable cost and fixed cost and average cost for growing crops.
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- Asked by Nikita Chetry
- Latest Answer: 41 days ago
- In: Commerce