Match the following:A. Responsiveness of demand to change in price 1. Income elasticity of demandB. Responsiveness of demand to change in tastes 2. Price elasticity of demandC. Responsiveness of demand to change in income 3. Cross elasticity of demandD. Responsiveness of demand to change in price 4. Taste elasticity of demandof related goods.Codes:A B C D
Assertion (A): According to Taylor, one of the best way of doing each task leads to increase in productivity in organization.Reason (R): It was the management’s responsibility alone to find out this one of the best way.Codes:
Assertion (A): A tenet of scientific management is co-operation and harmony between workers and managers.Reason (R): Taylor believed in participative management.In the context of the above two statements which one of the following is correct?
Quantitative techniques used to solve business problems are called:
What is the mode of the observations 25,24,40,37,40,40,24,?
The houses of a street are numbered with even numbers from 56 to 140. How many houses will be there in the street?