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Elistan can produce either 5 monster trucks or 10 cans of silly string in a day. What is the opportunity cost of one can of silly string?
Refer to the below table and calculate the net value added at market price
The level of current inflation is 12% and inflation for the previous year was 6%. The strength of the effect of unemployment on the wages is 1.5. Calcul...
Consider KRK’s demand function for cigarettes for as Q= .02m- 2p where m is his income and p is the price. KRK’s income is Rs.7500 and the price o...
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolisti...
Any straight-line supply curve that intersects the vertical axis above the origin has an elasticity of supply
Which of the following statements is true
Which of the following statements is correct regarding IMF?
If price of all commodities rise in the same proportion then,