Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 are (10, 1) and (0, 9) respectively. In any commodity bundle, the first entry is the quantity of X, and the second entry is the quantity of Y.
Which of the following allocations is a competitive equilibrium allocation?
A competitive equilibrium allocation is one where no agent can be made better off without making the other agent worse off, given their initial endowments and preferences.
Which of the following is the hardest naturally occurring substance?
What is the currency of Qatar?
In Uttarakhand, what is called odal in the local language?
Inventory Turnover measures the relationship of inventory with:
Which one of the following is INCORRECT
In which Hindu month is Nag Panchami celebrated?
Who has broken the national record of Javelin Throw at the Paavo Nurmi Games in Finland?
Among 17 SDG (Sustainable Development Goals), which goal number is named ‘Zero Hunger’?
There is a rocket launching centre in Sriharikota called Satish Dhawan Space Centre. It is in the state of:
When is United Nations Day celebrated each year?