he government on Wednesday decided to raise petrol prices by Rs 5 per litre and diesel by Rs 3 per litre that will result in freight charges going up. Currently‚ freight charges are about Rs 1.40 per tonne per km with an average of about 450-500 km for a company normally. “The fuel price hike will have a cascading impact on all input costs. Cement prices will be impacted by about Rs 3-4 per 50 kg bag‚ and if we are not able to pass on the hike‚ it will definitely impact our margins‚” said KC Birla
Premium Petroleum Transport Cost
10 3 30 50 minutes Very short answer questions 10 1 10 15 minutes 2. Weightage by content Unit No Unit Sub-Units Marks 1 Introduction 4 2 Consumer Equilibrium and Demand 18 3 Producer Behaviour and Supply 18 4 Forms of Market and Price determination 10 6 National income and related aggregates 15 7 Money and Banking 8 8 Determination of Income and employment 12 9 Government Budget and the economy 8 10 Balance of Payment 7 Total 100 3. Difficulty level of the question
Premium Supply and demand Consumer theory
company‚ you are investing in the economy. If that product was gas‚ it is known that the prices for the fuel changes on a daily basis. Those fluctuations in gas prices‚though‚ affect the entire economy. John F. Kennedy made this fact very clear about steel prices in his remarks at a news conference on April 11‚ 1962. His comments included personification and repetition to stress his point that the rise in steel prices negatively affects the economy‚ especially during a recession. America is dependent
Premium Economics Unemployment Great Depression
Based on the research data provided in the case study‚ Fisher- Price should initiate the production of the ATV explorer. Fisher- Price has an industry wide reputation of producing high quality toys with strong construction‚ good engineering and attractive design. Fisher-Price is the best-known brand for preschool toys (64.7%) with a market share of 74.7%. Moreover Fisher Price was also ranked highest at 82.7% in the brand loyalty measure for toys purchased most often. Observing their sales
Premium Supply and demand Elasticity Price elasticity of demand
Price rise is the bane of modern world. Price of essential commodities go on rising every day despite the professed and genuine efforts of the government. The main reason of rising the price as the sky rocket is the im-maturity of the government plan and the unabated raise on the population at the alarming rate. As compared to china and other developed European countries most of the south Asian countries even India had failed miserably in controlling its population. In context of Nepal the
Premium Sovereign state Nepal Government
on the European Energy Market (EEM) • 25-27 May 2011 • Zagreb‚ Croatia Electricity price forecasting – ARIMA model approach Tina Jakaša #1‚ Ivan Andročec #2‚ Petar Sprčić *3 Hrvatska elektroprivreda Ulica grada Vukovara 37‚ Zagreb‚ Croatia 2 # tina.jakasa@hep.hr ivan.androcec@hep.hr 1 * HEP Trade Ulica grada Vukovara 37‚ Zagreb‚ Croatia 2 petar.sprcic@hep.hr Abstract— Electricity price forecasting is becoming more important in everyday business of power utilities. Good forecasting
Premium Time series Statistics Autoregressive moving average model
CPI is a statistical time-series measure of a weighted average of prices of a specified set of goods and services purchased by consumers. It is a price index that tracks the prices of a specified basket of consumer goods and services‚ providing a measure of inflation. \CPI is a fixed quantity price index and considered by some a cost of living index. Under CPI‚ an index is scaled so that it is equal to 100 at a chosen point in time‚ so that all other values of the index are a percentage relative
Premium United States United Kingdom Measurement
The SAT test was originally called the Scholastic Aptitude Test‚ then the Scholastic Assessment Test. The name was formally changed in 2004 to the SAT Reasoning Test‚ although it is still commonly known simply as the SAT. It is the oldest and most widely used standardized admissions test in the United States. It measures reading‚ writing‚ and math abilities‚ as well as problem-solving skills. The SAT has undergone many revisions during its history‚ but it is currently composed of three main sections:
Premium SAT Educational Testing Service Standardized test
Non-price Competition Non-price competition involves two major elements: product development and advertising. The major aims of product development are to produce a product that will sell well (i.e. one in high or potentially high demand) and that is different from rivals’ products (i.e. has a relatively inelastic demand due to lack of close substitutes). For shops or other firms providing a service‚ ‘product development’ takes the form of attempting to provide a service which is better than‚
Premium Economics Monopoly
Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price competitive in almost the entire range of items and models that it sells. In an objective model by model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters competitor ’s prices. Further more when you compare quality and level of service and price paid Tweeter is cheaper than the competition. However‚ the competitors run spot sales (not advertised) and advertised sales
Premium Customer service