CUET-UG SERIES Entrepreneurship
The Elasticity Of Demand And Its Measurement
1 previous year questions.
Volume: 1 Ques
Yield: Medium
High-Yield Trend
1
2023 Chapter Questions 1 MCQs
01
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
A seller sells 30000 units of a product per year, demand is uniform. Purchase cost is Rs. 6/- per product. Holding cost per annum is 20% of purchase cost. Ordering cost is Rs.500/- per order. What would be the Economic Order Quantity?
1
5000 units
2
5500 units
3
5200 units
4
4800 units