Question
For the demand function Q=a-P and the Marginal cost = c.
Arrange the quantity produced by the following models in ascending order I) Bertnard II) Monopoly III) Cournot IV) Perfect CompetitionSolution
Bertrand (Q) = a-c (Similar to Perfect Competition) Cournot (Q) = 2/3(a-c) Prefer cartel = 1/2(a-c) = Monopoly So, correct answer is II < III<I = IV (None of the above)
The thief in order to steal something, creeps after sunset into a ship at a port- hole between decks and then leaves before sunrise.He has committed
The damages as per section 73 of the Contract Act are______________________
With reference to the "Decree" which of the following statement is wrong?
An Inchoate Instrument is:
Statements made by persons to whom a party to the suit has expressly referred for information in reference to a matter in dispute are.Â
Any operations undertaken for the purpose of exploring, locating or proving mineral deposit is called
Who is the current chairman of TBT Committee?
Which one of the following statements with regard to superintendence of Delhi Special Police Establishment is correct?
Allotment of shares or debentures must be made after getting ____________ subscription against entire public issue as per SEBI guidelines.
Which of the following statements is correct?
