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Atmospheric pressure is basically the weight of air in the atmosphere above the reservoir, so the level of mercury continues to change until the weight of mercury in the glass tube is exactly equal to the weight of air above the reservoir. In areas of low pressure, air is rising away from the surface of the earth more quidkly than it can be replaced by air flowing in from surrounding areas. This reduces the weight of air above the reservoir so the mercury level drops to a lower level.
If a random variable X follows a uniform distribution between 0 and 1, what is the expected value of X?
If the elasticity of demand is -2 and price charged by the firm is Rs.10 and quantity sold is 15 units. What is the Lerner’s Index of Monopoly power?...
What will be the probability of losing a game if the winning probability is 0.3?
Which of the following is an assumption of Ordinary Utility Theory?
If rxy = 0.75, then ryx will be:
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
| List – I | “ All Giffen goods are inferior, but all inferior goods are not Giffen”. The statement is
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