Question
Which of the following statements is true about the
Competition Commission? I.The Competition has been established to prevent practices which do not support healthy business competition. II. The Commission will have five members including the Chairman. III. The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.Solution
The Competition has been established to prevent practices which do not support healthy business competition.The Commission will have five members including the Chairman.The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.
Which of the following is not correct regarding adjusted R2?
...Which of the following is not an assumption of Keynesian Simple model?
In monopolistic competition, long-run equilibrium occurs where price is:
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.Â
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
Which of the following four-firm concentration ratios is most consistent with perfect competition?
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Calculate personal income:
...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
