Question
In Excel, which function is used to find the smallest
value within a range of cells?Solution
The MIN function is used to find the smallest value within a range of cells.
Among the following production functions which one is having increasing returns to scale
With the rise in price from ₹ 8 to ₹ 14. Total expenditure on the commodity rises by 40% and becomes ₹ 1,120. Calculate the price elasticity of de...
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
The data about sales and advertisement expenditure of a firm is given below
If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the steady state level of output per ...
The problem where one party to a transaction has more or better information than the other, leading to potential market failure, is called:
Which of the following is correct regarding the Durbin-Watson Test?
...1.      C = 50 + 0.5 Yd, I = 100 -50i, T=G=100
where, Yd is disposable income, T and G are taxes and government expenditure respectivel...
The principle of "Ability to Pay" in taxation is most closely associated with:
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