QnA - Dev Library Questions and Answers

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Latest Answer: 16 days ago
In: Commerce

Write down the meaning of flexible exchange rate.

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Latest Answer: 16 days ago
In: Commerce

What is balanced budget?

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Latest Answer: 16 days ago
In: Commerce

What are public goods?

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Latest Answer: 16 days ago
In: Commerce

Define excess demand in the context of income and employment determination.

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Latest Answer: 16 days ago
In: Commerce

What is autonomous consumption expenditure?

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Latest Answer: 16 days ago
In: Commerce

What is macroeconomics?

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Latest Answer: 16 days ago
In: Commerce

Explain consumer’s optimum with the help of indifference curve approach.

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Latest Answer: 16 days ago
In: Commerce

Explain two characteristics of perfectly competitive market.

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Asked by Kapil
Latest Answer: 16 days ago
In: Commerce

The production function of a firm is given as Q = L½.K½ Calculate the level of output (Q) when it employees 25 units of labour (L) and 9 units of capital (K).

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Asked by Kapil
Latest Answer: 16 days ago
In: Commerce

What does a firm wish to achieve? What three conditions must hold for a profit maximizing firm in the short-run?

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