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What is average utility?

Average utility refers to the utility that is obtained by the consumer per unit of commodity consumed. It is calculated by dividing the total... View Article

What does HUF stand for?

HUF stands for Hindu Undivided Family. It is a form of business organisation in which the members who descended from a common ancestor can form... View Article

What does LLP stand for?

LLP stands for Limited Liability Partnership in which the liability of the partners is limited to the extent of their contribution in the... View Article