QnA - Dev Library Questions and Answers

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Name the two commodities which have a support price in India.

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Suppose the farmers are unable to sell their total output of wheat at a price which is fixed by the government higher than the equilibrium price. What policy is adopted by the government?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Why does the government fix the price of a commodity higher than the equilibrium price?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

What is the support price?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

What policy is adopted by the government to check black marketing arising due to price control?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

What is meant by black marketing?

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Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

What is meant by rationing?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Name the problems faced in fixing the price of a commodity below the equilibrium price.

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Why does the government fix the price of some commodities below the equilibrium price?

1 Answer

Asked by Nikita Chetry
Latest Answer: 41 days ago
In: Commerce

Do you think that retailer is concerned about the location and presentation of goods that he offers for sale? If Yes, Why?

1 Answer

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