The logic followed here is: 
In a situation when MRS>Px/Py, the consumer would react by:
Country A can produce 10 units of cloth or 5 units of wine in a day. Country B can produce 6 units of cloth or 4 units of wine in a day. Which country h...
Transaction demand for money, Mt = 0.7Y. Speculative demand for money, MSP = 50 – 150i ; Money supply Ms = 150. LM equation from the above data is _...
If the R2value for a regression line is 0.70 for 50 observations. What is the adjusted R-square value if the number of independent variables ...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
The two regression lines are 12X+8Y=104 and 24X+12Y=124. Find the correlation coefficient.
Comparative advantage is based on
What was the primary reason for the reduction in India's current account deficit from USD 67 billion in 2022-23 to USD 23.2 billion in 2023-24?
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
