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.
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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
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