Question
Coverage against loss through stealing by individuals
not in a position of trust is called?Solution
Theft generally covers all acts of stealing. There are three major types of insurance contracts for burglary, robbery, and other theft. Burglary is defined to mean the unlawful taking of property within premises that have been closed and in which there are visible marks evidencing forcible entry. Such narrow definition is necessary to restrict burglary coverage to a particular class of criminal act. Robbery is defined as that type of unlawful taking of property in which another person is threatened by either force or violence. In the robbery peril, therefore, the element of personal contact is necessary.
For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
Which of the following is correct?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
Consider a bargaining game:
Find pure strategy Nash equilibrium.
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...
The minimum rate at which the central bank re-discounts bills held by commercial banks is called:Â
If rxy = 0.75, then ryx will be:
For a monopolist, price is Rs.16 and marginal revenue is Rs.4, the elasticity of demand will be
If the fiscal deficit of an economy be 3% of GDP and if the current account deficit also be 3% of GDP in a particular year for that economy, then its ag...
The Travel Cost Method (TCM) is a Revealed Preference Method. What type of environmental good or service is it typically used to value, and what actual ...
