The elasticity of demand for some products is affected by the personal values of potential customers. Consider devout practitioners of the Hindu religion who believe it is wrong to eat beef. In Hindu
communities, the elasticity of demand for beef is 0.0, or completely inelastic - consumers won't buy
beef no matter what happens to its price. Describe several other situations where other factors are
more important to the buying decision than is the price. Discuss your reaction to these situations (i. e.
Do you find them interesting, surprising? If so, why? Be specific!)

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not