Question
Mayank invested Rs. 100,000 in the garment business.
After a few months, Shanu joined him with Rs. 60000. At the end of the year, the total profit was divided between them in a ratio of 4: 1. After how many months did Shanu join the business?Solution
Let Sohan join after x month. MayankShanu 12×10000060000×12-x ATQ- (12×100000)/(60000×12-x) =4:1 12-x =5 x=12-5=7 month.
 Endogeneity in regression arises when:
Endogenity is associated with which of the following ?
When exchange rate in terms of domestic currency rises
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
A decrease in the tax to GDP ratio indicates which of the following:
-
Slowing economic growth rate
...
-
In a market economy
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
  Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the Golden state level of capita...
Which labor market outcome is consistent with the Efficiency Wage Theory?
Consider a bargaining game:
Find pure strategy Nash equilibrium.