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Present age of ‘A’ = 20 – 8 = 12 years Present age of ‘C’ = 12 – 7 = 5 years Required ratio = 5:15 = 1:3
Factor endowment theory is also known as
a. Modern theory of international trade.
b. Classical theory of...
Suppose the wedding dress industry is a perfectly competitive constant cost industry. Suppose also that market demand for wedding dresses is described b...
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
“ All Giffen goods are inferior, but all inferior goods are not Giffen”. The statement is
An unbiased coin is tossed until a head appears. The expected number of tosses required is
Find National Income from the following
Autonomous Consumption = Rs. 100
Marginal Propensity to Consume =0.60
Investment = Rs. 200<...
A card is drawn randomly from a deck of ordinary playing cards. You win Rs.900 if the card is a spade or a king. What is the probability that you will w...
Which new feature was introduced in Japan’s banknotes to deter counterfeiters?