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The correct answer is C
In which of the following models, price is driven down to marginal cost?
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
A Lerner Index of 0 indicates which of the following market conditions?
If income elasticity is less than 1 then the goods are
In a perfectly competitive market, a firm’s long run supply curve is
What was the Financial Inclusion Index (FI Index) value in March 2024?
According to the neoclassical growth model, which of the following statements is false ?
A dice was rolled 3 times. What is the probability of getting 5 at least once?
A monopoly firm has the following demand and cost function
Q = 50-P
Total Cost = 20 + 2Q + 3Q2
Government imposes an exc...
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
