Capital-augmenting technical change and capital-deepening technical chane.
See Answer →Exogenous Growth and endogenous growth.
See Answer →Explain the Learning-by-Doing model of Kenneth Arrow.
See Answer →What do you understand by a natural monopoly? Why are public utilities usually natural monopolies?
See Answer →Discuss the significance of the four liberal principles of democracy.
See Answer →Explain the concept of economic inequality. Explain the various methods of measuring economic inequality.
See Answer →Discuss the Classical Theory of Economic growth. Discuss the Marxian criticism of the Classical Theory of growth.
See Answer →Explain the concept of economic inequality. Explain the various methods of measuring economic inequality.
See Answer →Discuss the Classical Theory of Economic growth. Discuss the Marxian criticism of the Classical Theory of growth.
See Answer →How long will it take a given sum of money (Say in Rupees) to increase 4 times its present value when compounded half yearly at 7% rate of interest?
See Answer →If the demand function for a good is Q=140 – 5P, what is the price elasticity of demand at P = 15 rupees?
See Answer →Find the integral of
(y2-1) dx-2dy = 0
What is a point of inflexion ? Does f(x) = x3 have a point of inflexion at x = 0?
See Answer →Find the Euclidean distance between
(i) (2, 3) and (4, 1)
(ii) (2, 3, 4) and (4, 1, -5)
Create a truth table for
(a)
(b) the converse of ‘A implies B’.
Given A= { 1, 2, }, B= { 3, 4, 5 } and C= { 3, 5, 6, 7, 8 }, show that
(i)
(ii)
Let X = and Y =
Find, X U Y and the Cartesian Product of
X and Y .
Given the aggregate consumption function C = 0.9Y + 100(where C is aggregate consumption
and Y is aggregate income)
(a) Find the marginal propensity to consume (MPC) and average propensity to consume (APC)
(b) Find the elasticity of consumption with respect to income, and show that it equals MPC/APC
Given the total cost function TC = 9q2+ 2q + 8100
(a) Find marginal cost (MC) and average coat (AC) as functions of q
(b) Show that when MC < AC, AC is falling, and when MC > AC, AC is rising