42.
Income elasticity is computed by

45.
Match the items of the following two lists and indicate the correct answer.
List-I List-II
a. Trade channel discounts 1. Oligopoly pricing
b. Tie-up sales 2. Locational price differential
c. Price being non-responsive to changes in demand costs 3. Differential pricing
d. Basing-point pricing 4. Product-line pricing

46.
If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the society because

47.
GNP:

49.
Deficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue, The device aims at economic development but if it fails, it generates

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