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Explanation: Kullu shawls are a renowned traditional craft of Himachal Pradesh, characterized by their vibrant colors and intricate patterns, and are an important part of the state’s cultural identity
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of nationa...
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Factor endowment theory is also known as
a. Modern theory of international trade.
b. Classical theory of...
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table...
IS curve shows that when income decreases
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
lumpsum tax is levied on the monopolist, the burden will be borne by
When a firm operates with excess capacity
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?
