Solution: Government of India is divesting its share from public sector undertakings. Most of government undertakings were incurring losses during the pre-liberalization period. Hence, after the introduction of new economic policy in 1991, government started downsizing its share in PSU. But the process of disinvestment is very slow due to host of legal and political hurdles.
Two duopolist firms, 1 and 2, sell a homogeneous good in a market with the demand function Q=100−2P, where Q is the quantity demanded at price P. Firm...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
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