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A joint venture company namely Khanij Bidesh India Ltd. (KABIL) is set up with the participation of three Central Public Sector Enterprises namely, National Aluminium Company Ltd.(NALCO), Hindustan Copper Ltd.(HCL) and Mineral Exploration Company Ltd. (MECL).
Under Monopoly the supply curve is absent because?
Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
For which preferences the income offer curve and the price offer curve are equal?
Probability machine A fails = 40% and machine B fails = 50%. What is the probability plant will work when both machines work well?