Question
How is V related to U’s
mother? Answer the questions based on the information given below. There are seven members R, S, T, U, V, W and X in a family which consists of three generations. There is one married couple in the family. X is the sister of V’s mother’s father. S is the niece of X. V is a male member. W is the only daughter of U. T is a female member and has no son. T is married. S has a sister. T is not in 3rd generation.Solution
If the elasticity of demand is -2 and price charged by the firm is Rs.10 and quantity sold is 15 units. What is the Lerner’s Index of Monopoly power?...
Which of the following is not an example of market failure?
If Y = -10X and X = -0.1Y, then r is equal to:
Real Wages = 500, Consumer price index = 1.2. Calculate nominal wages?
CBDC concern for monetary policy transmission:
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
A card is drawn randomly from a deck of ordinary playing cards. You win Rs.100 if the card is a spade or an ace. What is the probability that you will w...
Which of the following functions has a degree of homogeneity not equal to unity?
The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if