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Some Singer are Doctor (I) + Some Doctor are Painter (I) → Probable conclusion → Some Painter may be Singer (I). Hence conclusion I follows. Only Doctor are Dancer means All Dancer are Doctor and in this case Dancer will not have any relation to anyone. Hence II does not follow. Some Singer are Doctor (I) ) → Probable conclusion → All Doctor cannot be Singer (A). Hence conclusion III follows. Alternate Method -
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
Which of the following is a synonym of "Undistributed Profits"?
If X and Y are independent random variables and Var(X)=Var(Y)=4, then find Var(2X-3Y+1)?
Labour theory of value was propounded by
                               I.           Adam Smith
...Consider A’s utility function to be U(x,y)=(min{X,Y})1/2, the price of good X is Rs.2 and price of good Y is Rs.1. Calculate the total Util...
Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 10...
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
A country Kaishala imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppo...
For Ram, coarse rice is an inferior good. This means
In which of the following market structure Quantity is maximum?