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ATQ,
Number of male employees = 104 × (6/13) = 48 Number of female employees = 104 – 48 = 56 Total wage of all male employees = 48 × 45 = Rs. 2,160 So, total wage of all female employees = 4120 – 2160 = Rs. 1,960 So, average wage of a female employees = 1960 ÷ 56 = Rs. 35
Economists generally believe that making assumptions is
Which method is used by Hicks to eliminate the income effect when price of a product is changed
Given two lines of regression x+3y=11 and 2x+y=7. Find the coefficient of correlation between x and y.
The inverse demand function for a commodity is P = 50-2Q-Q2 . Calculate the consumer surplus when quantity demanded is 5 unts.
Find National Income from the following
Autonomous Consumption = Rs. 100
Marginal Propensity to Consume =0.60
Investment = Rs. 200<...
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2...
The long-run Phillips Curve is ____________ Which indicates
Objective function was given as Z= 4X+5Y. Four extreme points were given as (0,4), (5,0), (3,3), (3,4). Find at which point function is maximized.