Question
Three statements are given, followed by four
conclusions numbered I, II III and IV. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements. Statements: 1. All racquets are chairs. 2. No chairs are tables. 3. Some tables are doors. Conclusions: I. Some racquets can be doors. II. All doors can be tables. III. All chairs can be doors. IV. No chairs being doors is a possibility.Solution
For the 2 variables x and y with the same mean, the regression equation are y = 5x+b and x=7y +c. Calculate b/c
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
For the following demand curve, Q=10P-1 , calculate the profit made by the monopolist when Total cost is Rs.2Q and he sells discrete goods i....
When we say that the estimator is BLUE. What does best signify here?
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
When the expected future marginal product of capital increases, then the IS curve  Â
Which of the following statements is incorrect?
Any straight-line supply curve that has a positive horizontal intercept has an elasticity of supply
In a perfectly competitive market, a firm’s long run supply curve is
