Question
Demand function for two commodities was given as below.
Which of the following options are correct? Q1= A1(Px1)-0.5 (Px2)0.2 Q2 = A2(Px2)-0.5 (Px1)0.6Solution
dQ1 / dPx2 = A1(Px1)-0.5 (0.2) (Px2)-0.8 Ed for Q1 wrt Px2 = 0.2 dQ2 / dPx1 = A2(Px2)-0.5 (0.6) (Px1)-0.4 Ed for Q2 wrt Px1 = 0.6 Thus, the two goods are competitive to each other because ed is positive.
But as investors in such firms (A)/have learnt this year, the sector (B)/is not as risk adverse as (C)/had been widely perceived (D).
Read the given sentence to find out whether there are any grammatical/contextual errors in them. The errors, if any, will be in two of the phrases of th...
Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with...
Read the given sentence to find out whether there are any grammatical/ contextual errors in them. The errors, if any, will be in two of the parts of th...
At his birth, it was predicted that he will grow up to be a world ruler but it was not clear whether this would be political or spiritual.
In the following questions each sentence is divided into four parts. Read each sentence to find out if there is any error in it. The error, if any, wil...
Will you please stop beating about the bush?
He looked upon me (A) / eye to eye for a few moments (B) / before he spoke (C) / No error (D)
1. Much of these organisms serve as food sources for bigger organisms, like fish.
2. Marine phytoplankton also fixes about half the carbon diox...
My mother, who is sick, (A)/would have let (B)/all my friends in as long as (C)/they got rid of their bad habits (D).