Share your(questions) doubts - CPT exam

 txt book pag no. 176 its written both

In the case of monopoly, the firm has control over the price of
output. Therefore, it will choose the level of price and output
that maximises profits. Remember that in the situation of perfect
competition, firms could only choose the quantity, since the
control over the price was out of their reach.
Since the monopolists supplies the whole market, it can either
choose the price and let consumers pick the quantity transacted
in the market, or it can choose the quantity and see what price
consumers are willing to pay for that quantity. Either way, we
will get the same outcome.

Link:- https://in3.dem.ist.utl.pt/master/02micro/lecture6.pdf

• 6. Profit maximization –The firm attempts to maximise his profit .Monopolist can fix the price as well as quantity output to be sold in the market to get maximum revenue from his sales proceeds
•  

At an auction sale “X” is the highest bidder
for
a flower vase. Auctioneer to purport the
acceptance fall a hammer on the table on
which flowervase was kept and the
flowervase
fallen and broken into several pieces. Now
the
loss fall on _____
a) The Auctioneer
b) Mr. “X” the highest bidder
c) Both Auctioneer and Mr.”X”
d) None of the abov

arre, ICAI ki book mein kya likha hai ??

Merry Christmas guys... don't discuss the same question again and again, wait for  D-Result Day.. :-)

Originally posted by : Aditya
	Merry Christmas guys... don't discuss the same question again and again, wait for  D-Result Day.. :-)

hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared.....

Originally posted by : PARUL
	9. Radhika sent goods worth Rs.1,20,000 on  consignment to sarika. 1/8 th  of the goods were  lost in transit. No claim was received. Sarika  sold 2/3 rd  of the goods received for  Rs.1,00,000. What will be the cost of goods  lying with sarika?  a) Rs.29,000    b) Rs.35,000  c) Rs.29,167   d) Rs.40,000

ans b)

Originally posted by : PARUL
	Cost of goods sent is Rs. 1,20,000. Abnormal loss is 1/8 of goods sent. 2/3 of goods were sold for Rs.1,00,000. What is the value of opening stock. (a) 35000 (b) 42000 (c) 60000 (d) None of the above. 46

ans a

Originally posted by : harish ragav
	Originally posted by : Aditya Merry Christmas guys... don't discuss the same question again and again, wait for  D-Result Day.. :-) hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared.....

okay.. carry on!

Originally posted by : Aditya
	Originally posted by : harish ragav Originally posted by : Aditya Merry Christmas guys... don't discuss the same question again and again, wait for  D-Result Day.. :-) hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared..... okay.. carry on!

sorry don mistake me.........