CA Foundation Knowledge Portal

Economics Question for Today:- Price-taking firms, i.e., firms that operate in a perfectly competitive market, are said to be “small” relative to the market. Which of the following best describes this smallness? (a) The individual firm must have fewer than 10 employees (b) The individual firm faces a downward-sloping demand curve (c) The individual firm has assets of less than Rs.20 lakh (d) The individual firm is unable to affect market price through its output decisions

Economics Question for Today:- What implication does resource scarcity have for the satisfaction of wants? (a) Not all wants can be satisfied (b) We will never be faced with the need to make choices (c) We must develop ways to decrease our individual wants (d) The discovery of new natural resources is necessary to increase our ability to satisfy wants

The only key to getting high marks in CA Exams is to experience ICAI Level Exams through carefully drafted Test series. ☀️AVJ Academy brings you the most comprehensive Test series for CA Foundation Dec 22, ☀️ ✅ Ensure systematic study approach through Topic wise as well as Full syllabus Tests ✅ Checked by Expert Examiners, as per ICAI checking pattern ☎️ For registration and queries, Contact 9310824912 📃 Detailed Schedule of Test series https://drive.google.com/file/d/1t7EC8bRI6hcOOVWF_FID1FnB7IfrSQ9e/view?usp=drivesdk

Dear Student, Accounts Revison Marathon is now re-scheduled on *11th Nov (Friday) 8:30 am

Photo from Sanchit Grover

Photo from Sanchit Grover