Question
Solution
Here at optimal, we consume both in an ideal world, but if income is so less that we can’t even purchase amount of X at the equilibrium, in this case we are spending all our income to good X. Hence can’t say.
Criterion in environmental project evaluation
Which among the following is not an objective of SEBI?
If price of all commodities rise in the same proportion then,
 The wealth distribution in a certain country is described by following Lorenz Function
             F(x) = 3x6 where ...
Two mutually exclusive events
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
From the information provided in the following table, calculate the GNPmp
Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 100...
List – I
<... Suppose X has income of Rs.500. He wants to maximise his expected benefit Z1/2 where Z is his money earned. He has two options, 1. Do not inv...