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Top Row: CANDLE, LAMP, FLOODLIGHT These represent a progression of light sources from weak to strong: CANDLE = small source of light LAMP = medium/household source FLOODLIGHT = large, powerful source So, the relationship is: Increasing intensity or scale of light source. Bottom Row: HUT, COTTAGE, ? Now apply the same pattern of increasing scale or size, but this time with dwellings. HUT = small, simple dwelling COTTAGE = medium-sized, more permanent and comfortable dwelling HOUSE = next step up in size and complexity
For Cobb-Douglas production function the elasticity of substitution is
If quantities of all commodities change in the same proportion then
According to the Economic Survey 2023-24, what was the retail inflation rate for the fiscal year 2023-24?
What happens in long run under monopolistic competition?
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
List – I | You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy sch... Consider an economy described by the following equations: C = 100 + 0.6 ∗ (Y − T) (consumption function) 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... The df value for a chi-square for is based on- |