An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationship between these two goods based on this elasticity?
They are complements because cross-price elasticity is negative.
Statement: Should all the industries in big cities be relocated at the outskirts of them in order to prevent industrial pollution.
Arguments:...
The given question consists of a statement, followed by two assumptions numbered I and II. You have to decide which of the assumptions is/are implicit ...
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Assumption I: The other ...
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ASSUMPTIONS: I People in Buxar are illiterate.
II People living there don...
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Assumption:
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Assumption I...
Statement:
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II: The Pyeong Chang 2018 winter Olym...
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Statement: Even with the increase in the number of Mineral fuels factories in India, we still continue to import Mineral fuel.
STATEMENT : An information for the employees in the office- “you have to bear your expense on travel”
ASSUMPTIONS: I Many o...
