Question
The Demand goods which are related to the demand for
other goods are calledSolution
The demand for goods that are related to or derived from the demand for other goods is known as derived demand. For instance, the demand for raw materials might be derived from the demand for finished goods produced from those materials.
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.
Which of the follow statements about price discrimination is not true?
Within a country, the domestic price of a product will equal the world price if
A consumer demand curve can be obtained from
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?Â
When R2 = 0, the estimated line (SRF) liesÂ
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
Relevant for Exams:
