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P=400, MC= 200, Lerner index = ?
For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
Walraw’s Law states the following:
A subsidy can actually cause the consumption of a subsidized good to fall if
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
Which of the following statements about graphs of short-run cost curves is false?
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table below. Pric...
If the price elasticity of demand for apples is 3, then what will be the impact on total revenue if price increases?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationship between th...
Which of the following statements about a firm's average cost curves is false?
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
Holly, Brian, Fred, Tracy, and Melanie have income elasticities for veggie burgers as given below: Person Income elasticity of demand Tracy 2 Brian 1 F...
Suppose there is a pond with fishes and “n” number of fishermen living around it. Let a i is time spent fishing per day by player i. Thus total time pe...
The absorption approach of analyzing balance of payment was formulated by:
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other industry will d...
Knife edge problem is associated with the following growth models?
A person who is made redundant because of the contraction of an industry is a victim of?
The Phillips curve shows the trade-off between ----- and -----?
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
The costs of inflation are?
Longevity is proxy for ---- in the Human Development Index?
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic interest rates, ...
According to the Taylor principle, for inflation to be stable, the central bank must respond to an increase in inflation with ____ increase in the nominal...
Which of the following is not correct?
The value of expenditure multiplier when marginal propensity to save is 0.4 is
Consider an economy described by the following equations: C = 100 + 0.6 ∗ (Y − T) (consumption function) I = 200 − 1000 ∗ r (investment funct...
Based on the IS curve and LM curve you have derived in Q36 and Q37, what is the equilibrium income?
Based on the IS curve and LM curve you have derived in Q36 and Q37, what is the equilibrium interest rate?
A decrease in the tax to GDP ratio indicates which of the following: Slowing economic growth rate Less equitable distribution of national income S...
Items Rs in crore Compensation of employees 2000 Rent and interest 800 Indirect taxes 120 Corporation Tax 460 Consump...
The correlation coefficient between X and -X is:
The arithmetic mean of the two regression coefficients is greater than or equal to:
When two regression coefficients bear same algebraic signs, then correlation coefficient is:
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