Question forty-eight. On caffmos username which assumption, legislation of supply is based ? (a) There has to be no improvement in money quantities of customers and you can sellers in the industry. (b) Pricing regarding facts out of development will still be steady (c) Technical peak stays lingering (d) All above
Question 50. The reason away from reduction of supply are: (a) Boost in Creation Pricing (b) Escalation in Cost of Substitutes (c) Fall-in level of Businesses in the industry (d) Most of the a lot more than
Concern 52. The total amount of a services and products which the merchant is able to promote in the business at repaired rates and you will big date is called ? (a) Have (b) Consult (c) Elasticity out of likewise have (d) Elasticity away from Demand
Matter 54. Determinating grounds out-of way to obtain services and products is actually: (a) Price of Items (b) Price of Related Goods (c) Price of Basis of Design (d) The over
Matter 55. And this of your following the statement is valid ? (a) Price and wide variety enjoys direct dating (b) Also provide bend increases from kept to help you right (c) Also have are impacted by of numerous things (d) All the over