In a perfectly competitive market, a firm’s long run supply curve is
For which preferences the income offer curve and the price offer curve are equal?
The profit-maximizing monopolist will choose the price and quantity represented by point
In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
The concept of vicious circle of poverty is associated with
The mean of two samples sized 50 and 100 are 54.1 and 50.3 respectively. The standard deviation of these sample are 8 and 7 respectively. What will be t...
If Mean is 39, Median is 40, what is the value of Mode?
A country imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose that u...
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