Question
Select the most appropriate option that can substitute
the bold segment in the given sentence. If there is no need to substitute it, select ‘No substitution required’. With incredible sleep quality, the boutique hotel boast of a thermal pool with hydro massage sitting area.Solution
Hotel is singular here, replace ‘boast’ by ‘boasts’.
Oligopolies can end up looking like competitive markets if the number of firms isÂ
The Diamond-water Paradox shows us that ?
Consider a bargaining game:
Find pure strategy Nash equilibrium.
A company using first-degree price discrimination has a demand curve given by P=100−2Q. If the marginal cost of production is $10 per unit, what is th...
If demand is price inelastic, then
If rxy = 0.75, then ryx will be:
In the context of the Classical model, which of the following would cause a shift in the long-run aggregate supply curve (LRAS)?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
Two duopolist firms, 1 and 2, sell a homogeneous good in a market with the demand function Q=100−2P, where Q is the quantity demanded at price P. Firm...
 If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
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