Solution: The Darjeeling Himalayan Railway, the Nilgiri Mountain Railway, and the Kalka Shimla Railway are all heritage railway lines in India that are recognized by UNESCO. These three railways are collectively known as the Mountain Railways of India.
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
What is the standard deviation of first n natural numbers?
When we say that the estimator is BLUE. What does best signify here?
Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem is an example of a(n) ______________cost
What is sum product of the error an independent variable in OLS estimation
Consider a closed economy wherein
C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500
Where in Yd = Dis...
Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
If quantities of all commodities change in the same proportion then
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
