Question
The most important fishing grounds of the world are
found in the regions where:Solution
When warm and cold currents meet, they lead to large growth planktons. This attracts fishes and increases their population. Such areas are best fishing grounds in the world. Seas near Japan and eastern coast of North America are examples of such areas.
What is the value of elasticity of substitution in case of Cobb Douglas function?
In the case of cost-push inflation, other things being equal:
Under Monopoly the supply curve is absent because?
When an individual’s consumption decreases the wellbeing of others, but the individual does not compensate those others. It is the case of__________....
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
If rxy = 0.4, then r(2x, 2y) is equal to:
A perfectly competitive firm was given, P = 60 and TC = Q2 + 8Q + 10. Now price decreases to 54, what is the change in profit?
In a perfectly competitive market, a firm’s long run supply curve is
Suppose after paying bills and setting aside some money for retirement, Joana has $130 left to spend on just two goods: concerts and books. For simplici...
Which of the following test is used for Multicollinearity?
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