Find Saddle point from the payoff matrix:
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Park Test is used for which of the following?
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
In a perfectly competitive market, a firm’s long run supply curve is
When a firm operates with excess capacity
