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The correct answer is B
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
In two commodity worlds if one good is inferior then the other must be
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
Stagflation describes a situation of
Leontief Preferences are related to
If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ign...
Which of the following Bank has been authorized by the Reserve Bank of India to collect direct and indirect taxes on behalf of the Central Board of Dire...
In a perfectly competitive market, a firm’s long run supply curve is
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one ...
