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Commerce Economics Difficulty: Medium

A decrease in demand causes the equilibrium price to

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A company was incorporated on 1 st May, 1997 for acquiring a business from 1 st January 1997. The sales for January, March and September is one and a half times, and the sale of December is twice and that of February is half of the average monthly sale of the year. The ratio of sale for the period prior to incorporation and after the incorporation will be: The larger the diameter of a natural gas pipeline, the lower is the average total cost of transmitting 1,000 cubic feet of gas for 1,000 miles. This is an example of Match the following. List-I List-II a. Consumer surplus 1. Loniet b. Concept of compensating variation 2. Newman Morgensterm c. Utility index number 3. Hick d. Input-output model 4. Marshall If a currency note is demonetized, it takes away the . . . . . . . . of that currency. A Ltd has allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis, The amount payable an application is Rs. 2. Mr. X applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from X is