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Commerce Marketing Management Difficulty: Medium

Which two of the following statements are correct? I. In the short - run, ∆TFC = 0, therefore ∆TC = ∆TVC II. If decrease in AFC < increase in AVC, then AC decreases III. If decrease in AFC = increase in AVC, AC remains constant IV. If decrease in AFC > increase in AVC, then AC increases Choose the correct answer from the options given below The under root of two . . . . . . . . coefficients gives us the value of correlation coefficients. A limited company forfeited 100 share (fully called-up) for non-payment of Rs. 4 per share. Out of these 50 share were re-issued at Rs. 8 per share. What will be amount transferred to capital reserve Income tax was imposed for the first time in India Which of the following incomes is NOT taxable as per Income Tax Act?