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Recently, the Indian National Centre for Ocean Information Services (INCOIS) has launched a new mobile application called SAMUDRA, for seafarers and the fishing community. It is a state-of-the-art app that helps users navigate the maritime sector in their safety and fishing operations.
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
Using the following table. Find the profit-maximizing output when price is Rs 25:
What is the effect of expansionary fiscal policy on output and unemployment?
A producer received ₹ 6,000 when the price of a commodity was ₹ 60 per unit. The receipts increased to ₹ 8,400 when the price increased by ₹ 10....
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3 <= 3
x1 + 2x2 + x...
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
How many women were provided free-of-cost gas connections under the PM Ujjwala Yojana, as noted in the Economic Survey 2023-24?
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
Suppose the reserve ratio is 0.10, Currency in Circulation is Rs.200, Deposits are Rs.800 and Excess Reserves Rs.100 , then calculate the money multi...
