Laxman & Sons is a leading producer of perfume among many other firms. Recently, it introduced a new
fragrance and offered gift vouchers to the customers who bought this product.
Identify the form of market and explain the feature implied in this situation.

Net factor income from abroad (-) 30
(j) Consumption of fixed capital 120

Refer to the diagram given below and choose the correct statement.

Identify the form of market referred to in the above passage. Name any two industries which come under
the same market form.

Abhinav derives total utility of 11 utils after consuming 4 mangoes and 9 utils after consuming 6 mangoes.
What is his marginal utility on consuming the 6th mango?

Law of Variable Proportions is NOT applicable when:

What is meant by primary deficit?