Question
What is the smallest perfect square that is divisible
by each of 42, 48 and 60?Solution
The correct answer is A
A firm sells 40 units of commodity X when its price is 10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0....
In a perfectly competitive market, a firm’s long run supply curve is
In the context of development economics, a persistent condition known as the poverty trap is often modeled as a stable equilibrium at a low level of inc...
In development economics, “poverty trap” refers to:
Which of the following statements is true regarding the GDP deflator?
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
From the following data, find National income.