Assertion (A): Mark-up pricing is a method of determining price.
Reason (R): P = ATC + (m × ATC) is the expression for that. Codes:
Reason (R): P = ATC + (m × ATC) is the expression for that. Codes:
Anonymous Quiz
26%
(A) (A) is correct but (R) is not correct
37%
(B) Both (A) and (R) are correct
22%
(C) Both (A) and (R) are not correct
15%
(D) (R) is correct, but (A) is not correct
Demand must have the elements
(A) Desire (B) Want (C) Quantity, Price and Time (D) All of the above
(A) Desire (B) Want (C) Quantity, Price and Time (D) All of the above
Anonymous Quiz
10%
A
15%
B
16%
C
59%
D
Which one is not the item of economic cost to the business?
(A) Owner supplied resources. (B) Market supplied resources. (C) Implicit costs. (D) Non-monetary opportunity costs of using owner supplied resources.
(A) Owner supplied resources. (B) Market supplied resources. (C) Implicit costs. (D) Non-monetary opportunity costs of using owner supplied resources.
Anonymous Quiz
18%
A
30%
B
12%
C
40%
D
🚲WORLD BICYCLE DAY🚲
In April 2018, the United Nations General Assembly declared June 3 as International World Bicycle Day.The resolution for World Bicycle Day recognizes "the uniqueness, longevity and versatility of the Bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transport."
In April 2018, the United Nations General Assembly declared June 3 as International World Bicycle Day.The resolution for World Bicycle Day recognizes "the uniqueness, longevity and versatility of the Bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transport."