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When a straight-line demand curve is tangent to curvilinear demand curve then the elasticity of the curves at point of tangency is
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
Which of the following demand functions has unitary elasticity everywhere?
Which of the following statements about contingent valuation is correct?
The wealth distribution in a certain country is described by following Lorenz Function
F(x) = 3x6 where ...
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
Which of all the following is not an assumption of Marshall Consumer Theory of Demand?
If two dice are thrown together, what is the probability of getting an even number on one dice and an odd number on the other dice?
X, Y and Z constitute a random sample of size 3 from normal population with the mean µ and variance α2, find the efficiency of (X...