Economics

Q1:- a) You are working for Pepsi as a marketing head. The Company is planning to float a new drink which is white in color. What lessons from the concept of elasticity can you draw while fixing the price for this new drink?

b) Comment on the likely cross price elasticity of demand between the following set of commodities clearly giving reasons for your answer.

1) aluminium and plastics

2) wheat and corn

3) pencils and paper

4) private and public education

6) men’s and women’s shoes.

Q2:-

|Subway to open all-veg outlet at Lovely Professional University on Sept 4, 2012 |

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|Thursday, August 30, 2012, 11:00 Hrs  [IST] |

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|By HBI Staff | Mumbai |

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