A captive agent is an insurance agent who only works for one insurance company. A captive agent is paid by that one company, either with a combination of salary and commissions or with just commissions.
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
In case of Cob web Model, Perpetual Oscillation is witnessed when
What is the optimal number of trips to bank such that cost of holding money is minimum, if the rate of interest foregone is 10% , income is 100 and the ...
There are two firms in the market and they follow Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the ...
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
The regression equation is Y = β1X1i + ui and following is the sample,
Consider the following table
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
Which of the following is NOT a correct statement in the context of National income?
