During a lean period, a firm should
A. increase the piece of its products
B. decrease the piece of its products
C. keep the place at the same level
D. none of these
Answer: Option B
A. increase the piece of its products
B. decrease the piece of its products
C. keep the place at the same level
D. none of these
Answer: Option B
A. personal
B. non-personal
C. direct
D. indirect
If the price of the following product were increased, its demand would remain inelastic.
A. Computer
B. Petrol
C. Apparal
D. Gold
Creation of advertisement by an advertising agency involves activities like
A. copy writing
B. drawing photographs
C. making illustrations
D. all of the above
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