1) major
2) two
3) both
4) most
5) mostly
‘Both’ because the two countries being talked about. Also, two cannot be used as it requires the usage of THE before TWO.
What is the effective tariff rate on the commodity, when no imported inputs are used?
Which of the following is true for Disposable Income?
What is the basis of international trade in the Heckscher-Ohlin model?
Calculate the demand for X
For which of the following consumption functions, the value of income multiplier, k=4?
BPKP is about natural farming while in organic farming farmer can purchase inputs from outside.
(1) The demand curve is a horizontal straight ...
Consider the following set of data:
{23.32 32.33 32.88 28.98 33.16 26.33 29.88 32.69 18.98 21.23 26.66 29.89}
Production function of two companies producing floppy and discs was given.
Q1 = 10L^0.5 K^0.5 Q2 = 10L^0.6K^0.4
Which of the following i...
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
If quantities of all commodities change in the same proportion then