The Indian Institute of Packaging (IIP) is a national apex body which was set up in 1966 by the packaging and allied industries and the Ministry of Commerce, Government of India, with the specific objective of improving the packaging standards in the country.
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
For fixed proportion production function, the elasticity of substitution is
Bilateral Monopoly is the case where
If rxy = 0.4, then r(2x, 2y) is equal to:
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = ...
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
Which of the following four-firm concentration ratios is most consistent with perfect competition?
Suppose the wedding dress industry is a perfectly competitive constant cost industry. Suppose also that market demand for wedding dresses is described b...
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be