Question
Which of the following nations recently emerged as one
of India’s top three defence export customers?Solution
Armenia, along with the U.S. and France, is one of India’s top three defence export customers, receiving artillery, rocket systems, and radar equipment.
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...
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