The four-firm concentration ratio is the percentage of the value of sales accounted for by the four largest firms in the industry. A ratio of 0 percent: indication of perfect competition.
A perfectly competitive firm was given, P = 60 and TC = Q2 + 8Q + 10. Now price decreases to 54, what is the change in profit?
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
Which of the below probability distribution has same mean and variance?
If rxy = 0.4, then r(2x, 2y) is equal to:
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as the...
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
If quantities of all commodities change in the same proportion then
The A.M. and G.M. of a distribution are 12.5 and 10 respectively. Then the H.M. is
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
The Harrod-Domar growth model is based on the relationship of what two economic elements?
