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1. Who is the author of “Price of Power”?
Answer: Seymour Hersh
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QA->Ram bought a Bag at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new price is by what percent more than the original price....
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QA->Price is increased by 10% and then reduced by 10%. After this the price....
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QA->The ratio of cost price and selling price of a product is 20: What is the profit %....
MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is...
MCQ->What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered....
MCQ->Which of the following statements are correct about the structure declaration given below? struct Book { private String name; protected int totalpages; public Single price; public void Showdata() { Console.WriteLine(name + " " + totalpages + " " + price); } Book() { name = " "; totalpages = 0; price = 0.0f; } } Book b = new Book(); We cannot declare the access modifier of totalpages as protected. We cannot declare the access modifier of name as private. We cannot define a zero-argument constructor inside a structure. We cannot declare the access modifier of price as public. We can define a Showdata() method inside a structure....
MCQ->Match the following a) Perfect competition 1. Price Maker b) Monopoly 2. Price taker c) Monopolistic competition 3. Rigid price d) Oligopoly 4. Price searcher...
MCQ->Two mobile phones were purchased at the same price. One was sold at a profit of 20% and second was sold at a price which was INR 1520/- less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 1%, what was the cost price of one mobile phone...
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