Compound interest on a certain sum of money for 2 years is Rs.3600 while the simple interest on the same sum for the same time period is Rs.3200. Find the rate of interest.
SI for 1 year = 3200/2 = Rs.1600 Difference between CI and SI for 2 years = Rs.(3600 – 3200) = Rs.400 Required rate = (400/1600) x 100 = 25%
For Cobb-Douglas production function the elasticity of substitution is
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Find pure strategy Nash equilibrium.
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
Crusoe begins with an endowment A. Point R is the consumption combination he would choose at real interest rate r and point R´ is the consumptio...
The long-run Phillips Curve is ____________ Which indicates
Multicollinearity causes
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Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
BPKP is about natural farming while in organic farming farmer can purchase inputs from outside.
(1) The demand curve is a horizontal straight ...