Question
Statement: “My App” mobile app has been launched by
of CISCO to help in faster dissemination of information among entrepreneurs. Assumption I: This mobile App been launched specifically for Members of CISCO Assumption II: CISCO has been known to be very prompt and fast in helping its members.Solution
None of the assumptions is implied.
If equation is over-identified which method is used to estimate?
What does the elasticity of substitution depict?
A producer received ₹ 6,000 when the price of a commodity was ₹ 60 per unit. The receipts increased to ₹ 8,400 when the price increased by ₹ 10....
With the rise in price from ₹ 8 to ₹ 14. Total expenditure on the commodity rises by 40% and becomes ₹ 1,120. Calculate the price elasticity of de...
For Ram, coarse rice is an inferior good. This means
A two-person zero-sum game means that the
Consider two independent random variables: X~N(5, 4) and Y~N(3, 2). If (2X + 3Y)~N(μ, σ2), then the values of mean (μ) and variance (�...
A government recently introduced the Policy mix of Monetizing Budget deficit to revive the economy. Using the IS-LM framework, the impact on Output and ...
A bag contains 8 Black and 4 White balls. 10 balls were randomly selected from the Bag. What is the probability that out of the 10 balls selected at ran...
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
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