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The four-firm concentration ratio is the percentage of the value of sales accounted for by the four largest firms in the industry. A ratio of less than 40 percent: indication of monopolistic competition.
For fixed proportion production function, the elasticity of substitution is
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
The standard deviation of a binomial distribution with parameter n=18 and p=2/3 is
According to the Solow Model, which factor is primarily responsible for sustained economic growth in the long run?
A firm should increase investment when :
If elasticity is ‘e’, and price of the product is B, MR=?
If r xy = 0, then:
Which initiative aims to enable instant cross-border retail payments by interlinking domestic fast payments systems of ASEAN countries and India?
All combinations on an indifference curve give
