Question
Which of the following will not be a part of decision
making process?Solution
Decision makingis theprocessofmakingchoices by identifying aproblem, gathering information, assessing alternative resolutions and then choosing the best alternative for the problem. Execution of the chosen alternative is not a part of decision making process.
Which of the following demand functions has unitary elasticity everywhere?
Non-spherical errors are related to
If price of all commodities rise in the same proportion then,
Which of the following statements is/are CORRECT under the Keynesian Cross (Fixed Price) Model?
Which one of the following is not an assumption of Classical Linear Regression Model
If x1, x2,.....xn are non−negative real numbers, then theirÂ
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearson’s coefficient of skewness is 0.5, the value of...
The optimal quantity of the Public good to be produced is given by
According to the Quantity Theory of Money (QTM), what is the effect of a change in the velocity of money on the price level in the long run?
For Cobb-Douglas production function the elasticity of substitution is
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