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Revealed preference theory assumes
If rxy = 0.4, then r(2x, 2y) is equal to:
For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price intersects the
According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
As per recent economic survey, what role did the RBI's monetary policy play in controlling core inflation in FY24?
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...
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
What is the basis of international trade in the Heckscher-Ohlin model?
If Y is preferred over X lexicographically. If income is 100 and price of x=1 and price of y is10, then at optimal bundle the total amount of X is
