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SI received from 40% of the sum = (0.4 x 300 x 5 x 6)/100 = Rs.36 SI received from 60% of the sum = (0.6 x 300 x 25 x 5)/100 = Rs.225 Therefore, total SI received = Rs.(36 + 225) = Rs.261
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
Which of the following activities can be undertaken by a payment bank in India, as per RBI guidelines?
(i) Acceptance of demand deposits
...What is the terms of trade formula?
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = ...
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
In which of the following models, price is driven down to marginal cost?
As the degree of product differentiation increases among the products sold in a monopolistically competitive industry, which of the following occurs?
With reference to the governance of public sector banking in India, consider the following statements:
