According to the RBI report ‘Currency and Finance,’ there has been a notable increase in global remittance, indicating higher money transfers across countries.
At price of Rs.5 quantity demanded is 10 units and at price of Rs.6, demand is 8 units. Calculate the market demand when price is Rs.4
If price of all commodities rise in the same proportion then,
Which of the following demand functions has unitary elasticity everywhere?
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...
Under nominal wage rigidity, the short run aggregate supply schedule will be
When R2 = 0, the estimated line (SRF) lies
If f(x) is continuous for all real values of x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) is
What will happen when supply elasticity is less than demand elasticity?
Non-spherical errors are related to
What is the standard deviation of first n natural numbers?