Question
There are two firms in the market and they follow
Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the good is same for both i.e Rs.30. Calculate the total quantity produced by the firms in the Cournot set up for profit maximizationSolution
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
In 1991, under the external sector reforms. Indian rupee______.
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Consider the following table
 What is the degree of homogeneity in case of Constant Elasticity of Substitution production function?
The National Rural Livelihood Mission, a measure adopted by the Government to alleviate poverty, is also known as________.
Demand curve of a Monopoly firm is Q=1000-50P and the Total cost of production is TC = 50+2Q. Profit maximizing output for the firm is
If a country's Terms of Trade (ToT) improve, what is the immediate and direct effect on that country's welfare?
During the first stage of a total product curve, the total product is
