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More Commerce Questions
Match the items of List-I with items of List-II List-I List-II a. Real needs 1. Expecting good service from a car dealer. b. Unstated needs 2. The customer expects to be seen by his friends as a value-oriented savvy consumer. c. Delight needs 3. The customer wants a car at low operational cost and not initial cost. d. Secret needs 4. The customer receives free insurance on the purchase of a car.
. . . . . . . . is allowed to encourage early cash payment.
Consumer surplus is highest in case of
If sales are Rs. 18,000 gross profit Rs. 5,000 net loss Rs. 1,000, then the amount of operating expenses will be
An opportunity cost does not involve . . . . . . . .