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Que : 49. Fill in the blanks : (i) Average revenue = ____/ Quantity (ii) The government imposed upper limit on the price of a goods or service is called ____. (iii) In perfect competition every firm produces and sells a ______ commodity. (iv) Central bank of India is ______. (v) Number of _______ sellers in the oligopoly. (vi) Foreign exchange rate also called ______ rate. (vii) Amount of income and expenditure is _____ in Balance budget.
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Answer: i) average revenue = total revenue/ / quantity ii) price ceiling iii) identical / homogeneous iv) The reserve bank of India (RBI) v) ......... vi) ......... vii) equal |
