Question
Which of the following statements about contingent
valuation is correct?Solution
Contingent valuation involves directly asking individuals about their willingness to pay for environmental benefits.
At price of Rs.5 quantity demanded is 10 units and at price of Rs.6, demand is 8 units. Calculate the market demand when price is Rs.4
The Taylor Rule is a guideline for central banks setting the nominal federal funds rate (iT). If the rule is given by iT=r∗+π+0.5(π−π∗)+0.5(Y�...
A person who is made redundant because of the contraction of an industry is a victim of?
Consider two independent random variables: X~N(5, 4) and Y~N(3, 2). If  (2X + 3Y)~N(μ, σ2), then the values of mean (μ) and variance (�...
Labour theory of value was propounded by
                               I.           Adam Smith
...
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
In the context of the Classical model, which of the following would cause a shift in the long-run aggregate supply curve (LRAS)?
What will be the value of P(not E) if P(E) = 0.07?
Leontief Preferences are related to
