Ratio of annual profit share of A and B respectively = {(450 x 8) + (1300 x 4)} : (550 x 12) = 4:3
If Y = -10X and X = -0.1Y, then r is equal to:
What happens in long run under monopolistic competition?
For two correlated variables x and y, if coefficient of correlation between x and y is 0.8014, variance of x and y are 16 and 25 respectively....
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
For a positively sloped LM curve, which of the following statements is CORRECT?
Let X and Y represent prices in Rs of a commodity in Kolkata and Mumbai respectively. It is given X(bar) = 65, Y(bar) = 67, standard deviation...
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
Calculate national income from the following data:
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of nationa...
