The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
There are three commodities –the first commodity has a negative price, at −1 per unit; the second commodity is priced at +1 per unit while the third...
What is the probability of getting the sum as a prime number if two dice are thrown?
Which Index number satisfies both the time reversal test and the factor reversal test?
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
Amber, Blue and Green boxes is related to which sector as per WTO terminology ?
For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price intersects the
What is the terms of trade formula?
Expansion path is related to production theory similarly ________________ is related to consumption theory
Given two lines of regression x+3y=11 and 2x+y=7. Find the coefficient of correlation between x and y.