Question
In the question, assuming the given statements to be
true, find which of the conclusion (s) among given three conclusions is /are definitely true and then give your answer accordingly. Statements: N < P ≤ I; Y ≤ O > N; C < I Conclusions: I. Y < I II. O > C III. I > NSolution
Y ≤ O > N < P ≤ I                              No relationship can be established between Y and I. Hence conclusion I is not true. O > N < P ≤ I > C                             No relationship can be established between O and C. Hence conclusion II is not true.    N < P ≤ I                                            I > N. Hence conclusion III is true.
Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
The economic rationale for government provision of a Merit Good (e.g., education, healthcare) often rests on which concept?
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
Given the demand function QD=100−2P and the supply function QS=3P−50, where QD is the quantity demanded, QS is the quantity supplied, and P is the p...
 then the number of pure strategy Nash Eq...
X = 10Y+9 and Y = DX+8 are two regression equations of X on Y and Y on X respectively. Which of the following is true always regarding D
For which of the following consumption functions, the value of income multiplier, k=4?
Which one of the following cannons of taxation was not advocated by Adam Smith?
Which of the following statements about a firm's average cost curves is false?
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