Question
Read each sentence to find out whether there is any
error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark "No Error" as your answer. (Ignore the errors of punctuation).Solution
Replace ‘the’ with ‘a’ No specific snowy peak is being talked about here. We know this as any peak in ‘some part of the world’ is being talked about. Thus, ‘a’ will be used, instead of ‘the’.
 Any straight-line supply curve that intersects the vertical axis above the origin has an elasticity of supply
Which of the following is a case of the principal-agent problem?
For n=100, given that the regression of X on Y is 4Y-6X+240 = 0 The mean of Y=100 and variance of X is 4/9 times the variance of Y. Calculate the coeffi...
If you have found the percentage of the value of sales accounted for by the four largest firms in an industry, you have found the
If factor cost is greater than Market price, then it means that:Â
The lines of regression of a bivariate population are:
            3x-4y=10 and 5y-9x=15. Calculate the correlation coefficient in ...
A monopolist sells its product in two separate markets with different price elasticities of demand. The marginal cost of production is constant at $20 p...
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
Which of the following statement is/are true regarding classical theory of income and employment?
1. Classical economist believe that the econo...
The burden of a tax that is shifted forward to consumers through higher prices is known as: