Question
Air India is establishing South Asia’s largest flight
training school. Where will this training school be located?Solution
The flight training school in Amravati will provide state-of-the-art facilities for pilot training, supporting the growing aviation industry in India.
Using the following table. Find the profit-maximizing output when price is Rs 25:
Which of the following functions has a degree of homogeneity not equal to unity?
Which of the following statement is correct
Statement 1: Laffer Curve shows relationship between tax rates and the amount of tax revenue collect...
Consider A’s utility function to be U(x,y)=(min{X,Y})1/2, the price of good X is Rs.2 and price of good Y is Rs.1. Calculate the total Util...
Economists generally believe that making assumptions is
Probability machine A fails = 40% and machine B fails = 50%. What is the probability plant will work when both machines work well?
If factor prices equal, slope of isoquant
Consider the matching-pennies game:
Let p= probab...
For an economy, if C = 400 + 0.8Yd, Yd = Y − T, T = 300 + 0.2Y , find MPC.
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...