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it is a very powerful test for testing the significance of the discrepancy between theory and experiment. It was given by Prof. Karl Pearson in 1900 and is known as the “chi-square test of goodness of fit”
Offer curve introduced by Alfred Marshall deals with :
If r xy = 0, then:
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
Three brands of coffee are rated for taste on a scale of 1 to 10. Six persons are asked to rate each brand so that there is a total of 18 observations. ...
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
The inverse demand function for a commodity is P = 50-2Q-Q2 . Calculate the consumer surplus when quantity demanded is 5 unts.
Holly, Brian, Fred, Tracy, and Melanie have income elasticities for veggie burgers as given below:
Person Income elasticity ...
It is given that Qd = 300 - P, Qs = Q/2. Government imposes specific tax in such a way that it maximizes the total tax revenue. Then find out the DWL in...
