Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
For all regular goods, income elasticity is positive though the degree of elasticity fluctuates as per the nature of commodities. Consumer goods are generally categorised under three classes, which are necessities (essential consumer goods), luxuries and comforts. Universal structure of income elasticity for goods of different categories or a rise in income and their effect on sales are provided in Table below. Income elasticity of demand for various categories of goods may still show discrepancies from time to time and fromhouse to house, as per the options, preference and taste of the consumers, degree of their income and consumption and their receptiveness to 'demonstration effect'. The other aspect that could bring about a deviation from the universal structure of income elasticity is the frequency of rise in income. Income rises frequently and repeatedly, income-elasticity as illustrated in Table follows the universal structure.
Is Indian companies running a risk by not giving attention to cost cutting?n..
Ask question #MinimumElectron Control, Inc., sells voltage regulators to other manufacturers, who then customize and distribute the products to quality assurance labs for their sen
if Q=120-2p is the equation for demand curve, find the compounding total, marginal and average revenue function
Actual income and Full employment income Full employment income (Also called Potential National) is the national income that could be produced when the country's factors of pr
Using the discounting principle calculate the present value of an annuity of five years at Rs. 500 payments made at the end of each of the next five years at 10% interest. stion..
discuss baumols dynamic models
explain bain''s limit pricing theory
Buffer stocks and stabilization funds In this case the government buys up part of the supply when output is excessive, stores this surplus, and resells it to consumers in time
A medical insurance company offers its salespeople the following compensation scheme: each worker takes a fixed salary and, in addition to that, a commission depending on the volu
write a note on marris growth maximising model?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd