Section 56 of Indian Evidence Act Fact judicially noticeable need not be proved.––No fact of which the Court will take judicial notice need be proved.
For which of the following consumption functions, the value of income multiplier, k=4?
Approximately what is the Coefficient of Variation of first 50 natural numbers ?
Market failure is the inability of
All of the following curves are U-shaped, except the
A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 p...
For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price intersects the
When a straight-line demand curve is tangent to curvilinear demand curve then the elasticity of the curves at point of tangency is
Consider a Solovian economy with the aggregate production function Yt = K1/2l1/2 . The initial size of the population is 10...
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...