Concave mirrors are used in car headlights to focus light into a parallel beam, which helps illuminate the road ahead.
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Which Index number satisfies both the time reversal test and the factor reversal test?
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
The marginal product of labour (L) of the production function F(L, K) = LK2 is , MPL =
Which of the following is not a probability sampling technique?
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 ...
What happens in long run under monopolistic competition?
Cross price elasticity of complementary goods is ?
Which of the following is a limitation of the Command and Control approach in environmental economics?
