Question
What does the acronym "HYV" stand for in agriculture?
Solution
High Yielding Variety (HYV) seeds were developed to increase agricultural productivity during the Green Revolution. They produce significantly higher yields compared to traditional seeds.
Law of diminishing returns only applies to cases where
Country A can produce 10 units of cloth or 20 units of wheat per day. Country B can produce 15 units of cloth or 15 units of wheat per day. Which of the...
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3 <= 3
x1 + 2x2 + x...
The Laffer Curve in a labor market context illustrates the relationship between:
If the public consumes €100 billion less and the government purchases €100 billion more (other things unchanging), which of the following statement...
For which of the following consumption functions, the value of income multiplier, k=4?
1) Calculate the standard error of the estimate of Y on X regression equation for the following data
N =50 , ∑y^2 = 150 , ∑xy = 180, &sum...
If f(x) is continuous for all real values of x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) is
The main objective of the Bank for International Settlements (BIS) is often described as:
What is the probability of getting the sum as a prime number if two dice are thrown?
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