Exam studies

University Grants Commission (UGC)NTA -NET Important MCQ with answers key Subject Management 1. In long-run competitive equilibrium- (a) Every firm will earn an economic profit  (b) Every firm will incur losses (c) Every firm will earn an only norma…

Law of demand There is an inverse relationship between quantity demanded and its price. The people know that when the price of a commodity goes up its demand comes down. When there is a decrease in price the demand for a commodity goes up. There is …