Question
Which of the following is NOT a criterion for
eligibility to be a member of the Lok Sabha?Solution
The minimum age requirement to be eligible for the Lok Sabha is 25 years. Being younger than 25 disqualifies a person, making option B incorrect in this context.
Which method is used by Hicks to eliminate the income effect when price of a product is changed
When a firm operates with excess capacity
"Ricardo's comparative advantage theory states that...?"
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
Demand function for two commodities was given as below. Which of the following options are correct? Q1= A1(Px1)-0.5 (Px2)0.2 Q2 = ...
Hirschman takes divergent series of investment as a project that :
When the expected future marginal product of capital increases, then the IS curve
What is the slope of the Engel curve for a Giffen good?
In the basic Solow model of growth
In the context of lexicographic utility functions, which of the following scenarios is impossible?
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