Question
In the question below some statements are given
followed by two conclusions I and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusion definitely follows from the given statements, disregarding commonly known facts. Statements: Some Learner are Reader All Writer are Reader Conclusions: I. No Writer is Learner II. All Reader are WriterSolution
All Writer are Reader (A) + Some Reader are Learner (I) β No conclusion. Hence conclusion I does not follow. All Writer are Reader (A) β Conversion β Some Reader are Writer (I). Hence conclusion II does not follow.
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
For the following demand curve, Q=10P-1 , calculate the profit made by the monopolist when Total cost is Rs.2Q and he sells discrete goods i....
If quantities of all commodities change in the same proportion then
In the Capital Asset Pricing Model (CAPM), the beta (Ξ²) of a security measures its:
When oligopolistic firms co-operate and work as cartel, then output produced is ______ than perfect competition and ______ to Monopoly
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
Which of the following statements about graphs of short-run cost curves is false?
Suppose A consumes only 2 goods X &Y such that A exhausts all the income. Ceteris Paribus, if the price of X rises and the price elasticity of X is 1.2 ...
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
Calculate Operating Surplus:
Items
Rs in crore
Compensation of employees
2000
Rent and interest
800<...
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