Question
The short-run production function of a firm is QÂ
=200+Â 0.2L2Â - 0.0004L3 Â If wage rate equals Rs. 140 and the number of labours (L) is 100, then the Marginal Cost and the Average Variable Cost, respectively, areSolution
Under nominal wage rigidity, the short run aggregate supply schedule will beÂ
According to the Kuznets Hypothesis, as a country undergoes economic development and its per capita income rises, the level of income inequality typically:
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
Mahalanobis model is –
For Cobb-Douglas production function the elasticity of substitution is
Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per...
Which of the following is true for Disposable Income?
If the Correlation Coefficient (r) between two variables X and Y is -0.8, and their standard deviations are 4 and 5 respectively, the covariance between...
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
 In the case of cost-push inflation, other things being equal:
