Original selling price of a bag = (160/100) × (78/100) × 500 = Rs.624 New selling price of a bag = (130/100) × 500 = Rs.650 Required difference = 650 – 624 = Rs.26
Which of the following is the first test in the F-G test for Multicollinearity?
If the price elasticity of demand for apples is 3, then what will be the impact on total revenue if price increases?
It is given that Qd = 300 - P, Qs = Q/2. Government imposes specific tax in such a way that it maximizes the total tax revenue. Then find out the DWL in...
In a government budget, revenue deficit is Rs. 50000 crores and borrowing are Rs. 75000 crores. The fiscal deficit will be:
For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
The short-run production function of a firm is Q =200+ 0.2L2 - 0.0004L3
If wage rate equals Rs. 140 and the num...
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
What is the elasticity of the demand curve when P=10 and Q=20 and the inverse of slope of the demand curve is -2?
