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The correct answer is A
If a tax is placed on the product in this market, tax revenue paid by the buyers is the area
Type II error occurs when
An economy’s output in year 0 is 10 percent below its maximum potential output and the maximum potential output steadily increases at the rate of 5 pe...
Which Index number satisfies both the time reversal test and the factor reversal test?
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
It is given that Qd = 300 - P, Qs = Q/2. Government imposes specific tax in such a way that it maximizes the total tax revenue. Then find out the DWL in...
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
Which of the following is not a probability sampling technique?
