InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 3801. |
Emplain any two adverseeffects of industrialistion |
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Answer» Answer: Hello mate Explanation: Industrialization contributes to negative externalities such as environmental POLLUTION. Separation of CAPITAL and LABOR creates a disparity in incomes between LABORERS and those who control capital RESOURCES. |
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| 3802. |
रेलवे यात्री योजना कब से प्रारम्भ हुई? |
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Answer»
इस योजना की शुरुआत सितंबर 2016 में हुई थी. शुरुआत में इसका प्रीमियम प्रति यात्री 0.92 रुपये था. ... इसके अलावा अगर कोई घायल होता है तो उसे यात्री बीमा के तहत हॉस्पिटल खर्च के लिए दो लाख रुपये तक दिए जाते हैं. रेल यात्रा के दौरान दुर्घटना, डकैती, हिंसा जैसे मामले इस बीमा नीति के तहत कवर किए जाते हैं.Explanation: I HOPE you GET help.☺️ |
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| 3804. |
Xplain the practical importance of elasticity of demand in field of I. ProductionII. Distribution &III. Public Finance |
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Answer» Answer: The concept of elasticity for demand is of great importance for DETERMINING prices of VARIOUS factors of production. Factors of production are PAID according to their elasticity of demand. In other words, if the demand of a FACTOR is inelastic, its price will be high and if it is ELASTIC, its price will be low. (the answer is production.) |
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| 3805. |
Explain the concept of utility analysis. What are its shortcomings?Explain the concepts of cardinal utility, ordinal utility, total utility and mo1.2. |
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Answer» Answer: Summary: Cardinal utility gives a value of utility to DIFFERENT options. Ordinal utility just ranks in terms of preference. Cardinal Utility is the idea that economic welfare can be directly observable and be given a value. For example, people may be able to express the utility that consumption gives for certain goods. For example, if a Nissan car gives 5,000 units of utility, a BMW car would give 8,000 units. This is important for welfare economics which tries to put values on consumption. For example, ALLOCATIVE efficiency is said to occur when MARGINAL cost = Marginal Utility. One way to try and put values on goods utility is to see what price they are willing to pay for a good. If we are willing to pay £5,000 for a second-hand Nissan Car, we can infer we must get 5,000 utils. In other words, the value of cardinal utility is related to the price we are willing to pay. The idea of cardinal utility is important to rational choice theory. The idea consumers make optimal choices to maximise their utility. Cardinal utility is an important concept in utilitarianism and neo-classical economics. Jeremy Bentham TALKED about utility as maximising pleasure and minimising pain. William Stanley Jevons, Léon Walras, and Alfred Marshall all developed concepts of utility, usually linked to market prices. However, proving exact measurement of utility proved elusive. Ordinal Utility In ordinal utility, the consumer only ranks choices in terms of preference but we do not give exact numerical figures for utility. For example, we prefer a BMW car to a Nissan car, but we don’t say by how much. It is argued this is more relevant in the real world. When deciding where to go for lunch, we may just decide I prefer an ITALIAN restaurant to Chinese. We don’t calculate the exact levels of utility. Carl Menger, an Austrian economist, developed concepts of utility which rested on ranked preferences. In 1906 Vilfredo Pareto in 1906 concentrated on an indifference curve map. This placed preferences on bundles of goods but did not attempt to say how much. Explanation: please mark as brainliest answer |
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| 3806. |
Explain Poverty line |
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Answer» The poverty line, which is ALSO sometimes CALLED the poverty threshold, is the smallest amount of money a person or a family needs to LIVE on; to buy what is NEEDED and is a line which is a gulf between the rich and the poor. It is the imaginary line drawn by the experts which has a particular amount if anybody earn income which is lower than this amount is known as poor and other who earn more than this amount is known as non-poor. People who are below this line are classified as poor. This line is used to decide who can get extra help with things like food, shelter or medical care. There is a poverty line based on the income and another based on consumption levels. People who are below this line are classified as poor. This line is used to decide who can get extra help with things like food, shelter or medical care. There is a poverty line based on the income and another based on consumption levels.The poverty line is not the same in all countries. It can be decided by the economy. In the United States, the poverty line is different depending on how many people there are in a family. This is because it costs more to buy food and supplies for more people. So, for example, it is higher in a family with eight people than in a family with three people. The poverty line also makes sure the poor and rich are separated immensely. If there were not a poverty line, the distribution of goods to those of whom are actually poor, would decrease.
Hope it helps you......... |
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| 3807. |
18.The value of which work is added inthe calculation of GDP? *Housewives' worksO (b) A teacher teaching his own childO (c) The value of resale of old sharesO(d) Construction of new house by anartisan |
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Answer» The work added will be (d) Construction of new house by an artisan
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| 3808. |
Differentiate blw economic and non economic activities |
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Answer» The activities which add value to the national INCOME are called ECONOMIC activities. In simple language we can say that those activities which are PERFORMED for money are called economic activities and those which are not performed for MONETARY GAINS are called non-economic activities. |
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| 3809. |
Indicate two possible symptoms of his desease? |
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Answer» TEMPERATURE, pulse, and respiratory rate—called the VITAL signs—may be important MANIFESTATIONS of disease. A fourth vital SIGN, blood pressure, is equally SIGNIFICANT. Among other things, it indicates the amount of blood in circulation. |
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| 3810. |
Explain the disadvantages of cost plus pricing |
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Answer» ixfayahsjsusjtsidureitsit p6ritsjfajauw58w85w8ar7rsitsjst |
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| 3811. |
9. The interaction of the IS curve and theLM curve together determine *the price level and the inflation rate.the interest rate and the price level.O investment and the money supply.O the interest rate and the level of output. |
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Answer» Answer: it also HELPS in the investment of 1000000 of money and investment can also be SUPPLIED |
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| 3812. |
Describe the two handcuffed men |
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Answer» but what to answer COMMENT ✅ HEY I am from CALIFORNIA what about you |
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| 3813. |
Bring out the requirements for Demand Forecasting. |
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Answer» ghcucunfyjfdertjngunngikbj |
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| 3814. |
Kya arthvyavastha me kendriy samasyou ka hal sambhav hai |
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Answer» GOOD morning |
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| 3815. |
Standardization is an attempt to increase design complexity, the statement is;a. True b. FalseAns: False |
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Answer»
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| 3816. |
Which of the following is not an example of invisible radiation among the followingx Ray's |
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Answer» ANS:-The FISHER equation provides the link between nominal and real INTEREST rates. To convert from nominal interest rates to real interest rates, we use the following formula: real interest RATE ≈ nominal interest rate − inflation rate. |
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| 3817. |
Exercises1. Describe how the poverty line is estimated in India?2. Do you think that present methodology of poverty estimation is appropriate?3. Describe poverty trends in India since 1973?4 Discuss the major reasons for poverty in India?5. Identify the social and economic groups which are most vulnerable to povertyin India.6. Give an account of interstate disparities of poverty in India.7. Describe global poverty trends.8. Describe current government strategy of poverty alleviation?9. Answer the following questions brieflyi) What do you understand by human poverty?(i) Who are the poorest of the poor? |
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Answer» Answer: Explanation: answer1.In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc.answer 2.No, the present methodology of poverty estimation is not appropriate because it takes into ACCOUNT only the basic needs of food, clothing, fuel etc. ... The amount which is fixed as the poverty line does not include the margin for the constant price fluctuations.answer 3.There is a substantial decline in poverty ratios in India from about 55 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 per cent in 2000. If the trend continues, people below poverty line further came down to less than 20 per cent in the next few years.answer 4.Main Causes of Poverty in India(i) HEAVY pressure of population:(ii) Unemployment and under employment:(iii) Capital Deficiency:(iv) Under-developed economy:(v) Increase in Price:answer 5.The social groups which are most vulnerable to poverty are scheduled caste and scheduled tribe households. (B) Similarly, among the economic groups, the most vulnerable groups are the rural agricultural labour households and the urban casual labour households.answer 6.Interstate disparities of poverty can be noticed in India. It means the proportion of poor people is not the same in every state. Recent estimates show that in 20 states and union territories, the poverty ratio is less than the national average.(ii) On the other hand, poverty is still a serious problem in states like Orissa, Bihar, Assam, Tripura and Uttar Pradesh.answer 7.According to the World Bank standard, the poverty ratio or percentage of population living below the poverty line in DEVELOPING countries has come down from 28% in 1990 to 21% in 2001. The World Bank standard of poverty line states that all people living under $1 per day live in poverty.answer 8.The current anti-poverty strategy of the government is based broadly on two boards, being, promotion of economic growth and targeted anti-poverty programmes. Awareness is being expanded beyond the nation defining the value of education, which has emerged in the increase of literacy level.answer 9.(1) Human poverty is a concept that goes beyond the limited view of poverty as lack of income. It refers to the denial of political, social and economic opportunities to an INDIVIDUAL to maintain a 'reasonable' standard of living(2) A poor is an individual who does not have the minimum essential necessities of life. Women, female infants and elderly are considered to the poorest of the poor.keep smiling:)thanks for asking;) |
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| 3818. |
What are argument in favor and against income redistribution??? |
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Answer»
Income Redistribution is an economic exercise that aims at balancing wealth or income DISTRIBUTION in SOCIETY by transferring income directly or indirectly from the rich to the poor. Redistribution of income is commonly accepted as a modern government legitimate PRACTICE and reflects somehow a realistic acceptance. To enforce this phenomenon, the government and economists embrace economic measures and approaches, such as progressive taxation. Given the social vices, the extreme poverty costs or the adverse impacts and a widen income gap, economists worldwide ATTEMPT to bridge the gap or preserve a favorable distinction. Therefore, modern rulers redistribute a great deal of revenue. Income redistribution has many approaches; some REQUIRE governments, while others affect people and organizations.
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| 3819. |
What are the factor that ensure monopoly power to a monopolist |
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Answer» followmeeeeeeeeeeeeeee |
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| 3820. |
What is a cheque ?pls be fast |
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Answer» A cheque, or CHECK, is a document that orders a BANK to pay a specific amount of MONEY from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the DRAWER, has a transaction banking account where their money is held. |
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| 3821. |
Q.3:- What is elasticity of demand? State the determinants of elasticity? |
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Answer» Explanation: The four factors that affect price elasticity of demand are (1) availability of substitutes, (2) if the GOOD is a luxury or a NECESSITY, (3) the proportion of income SPENT on the good, and (4) how much time has ELAPSED since the time the price changed. If income elasticity is positive, the good is normal. |
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| 3822. |
What is globalisation ? |
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Answer» Globalization, or globalisation, is the PROCESS of INTERACTION and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century DUE to ADVANCES in transportation and communication technology. @Deadloser majra kya hai bhai ye |
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| 3823. |
Q.17- Calculate Subsidy(a) NNP at MP = 25,000(b) Wealth tax =1000(c) Net factor income to abroad: - 14100(d) Operating surplus: 2,500(e) Mixed income of self employed: 1000(f) Sales tax : 500(g) Profit: 2,500(h) Compensation of employees: 7500. |
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Answer» Q.17- Calculate Subsidy (a) NNP at MP = 25,000 (b) Wealth tax =1000 (C) Net factor income to abroad: - 14100 (d) Operating surplus: 2,500 (e) Mixed income of SELF employed: 1000 (F) Sales tax : 500 (g) Profit: 2,500 (h) COMPENSATION of employees: 7500 |
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| 3824. |
O शून्य37. भारताने...मध्ये नविन धोरणाचा स्वीकारकेलाO 1991O 1990O 1995O 1999 |
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Answer» Answer: 1991 jgckhfxkgfzkvsYksYo Explanation: rskhkhdzlueajztjr |
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| 3825. |
What is meant by Monopoly? |
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Answer» A monopoly refers to when a company and its product offerings DOMINATE a SECTOR or INDUSTRY |
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| 3826. |
What is public distribution system ? |
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| 3827. |
What is net monopoly revenue |
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Answer» Answer: There are no CLOSE substitutes for the commodity it PRODUCES and there are barriers to entry. The single producer MAY be in the form of individual owner or a single partnership or a JOINT stock company. In other words, under MONOPOLY there is no difference between firm and industry. |
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| 3828. |
Write short note on Cost of Production. |
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Answer» PRODUCTION costs may INCLUDE things such as labor, raw materials, or consumable supplies. In economics, the cost of production is defined as the expenditures incurred to OBTAIN the factors of production such as labor, LAND, and capital, that are needed in the production process of a product. |
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| 3829. |
Explain the effects of weak Economic infrastructure in Indian Economy. |
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Answer» Explanation: Infrastructure REPRESENTS connectivity (roads, ports, and AIRPORTS), as well as education and health. ... India's weak infrastructure creates an economic challenge in the country in NUMEROUS ways: ENERGY is more expensive and energy supplies are irregular for almost every business and especially its manufacturing AREAS. |
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| 3830. |
due to rise in prices of mango ,sheetal demand only three dozen mangoes instead of five dozen? explain the concept from the given illustration |
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Answer» Answer: Answer Let A the row matrix representing the quantities BOUGHT, then A=[ 8
4
] is a 1×3 matrix. Let B be the column matrix representing the cost of mangoes,APPLES and bananas per dozen the B= ⎣ ⎢ ⎢ ⎡
18 9 6
⎦ ⎥ ⎥ ⎤
is a 3 x 1 matrix The total cost is given by the product AB and AB=[ 8
10
4
] ⎣ ⎢ ⎢ ⎡
18 9 6
⎦ ⎥ ⎥ ⎤
=[144+90+24]=[258] Hence, the total cost is Rs 258 |
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| 3831. |
6) findthe least value of the variable ifMaximum valueis 80and range coefficient is 60% |
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Answer» Answer: Find an answer to your QUESTION given, largest VALUE= 80, coefficient of range = 0.6 .find the smallest value ... 0.6 (60 +S) = 60-S. 36 + 0.6 S = 60 – S. Step 4: 1.6S = 24. Explanation: you are UNDERSTAND |
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| 3832. |
How does sewing contribute the family unity and happiness |
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Answer» Answer: Putting too much stock in material things causes PEOPLE to value objects and POSSESSIONS above other people, family, and community. But sewing, or any craft or creative hobby really, actually GIVES us an opportunity to create community. ... Or communities LIKE Pattern Review.. |
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| 3833. |
मांग और आवश्यकता में अंतर बताईये |
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Answer» मांग आवश्यकता से बनती है। आवश्यकता इच्छा से बनती है। मांग अस्थायी प्रकृति की होती है। आवश्यकता स्थायी प्रकृति की होती है.. |
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| 3834. |
What type of Inflation India is facing? Explain. |
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| 3836. |
Note: -You are altempting question 9 out of 12Which among the following is NOT correct?a) Floating exchange rate system works on the market mechanismb) The system of floating exchange rate requires comprehensive governmentintervention.c) Floating exchange rate breeds uncertainties and speculationd) Economic and political factors and value judgments influence the choice of theexchange rate systemAnswerAВC.oSubmitprimevideo |
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Answer» Answer: A floating exchange rate is one that is determined by supply and demand on the open market. A floating exchange rate doesn't MEAN countries don't try to intervene and MANIPULATE their currency's price, since GOVERNMENTS and CENTRAL banks regularly ATTEMPT to keep their currency price favorable for international trade. |
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| 3837. |
Out of 921 industrial units in 1947 Pakistan got |
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Answer» Out of 921 industrial UNITS in 1947 PAKISTAN got only 34 industrial units. //PLEASE MARK MY ANSWER AS BRAINLIEST// |
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| 3838. |
What are the limitations of the principle of lease cost combination |
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Answer» the LIMITATIONS of the PRINCIPAL of |
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| 3839. |
What are the effects of weak Economic infrastructure in Indian Economy. |
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Answer» Answer: While India is the fourth largest ECONOMY in the WORLD, a key Wfactor obstructing its growth and development is the lack of world class infrastructure. ESTIMATES suggest that this lack of adequate infrastructure reduces India's GDP growth by 1-2 per CENT every year. |
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| 3840. |
A ship carrying rose flowers to France for Valentine day was insured againstlosses arising from accident. The ship reached the port safely and on time butthe consignment got spoiled due to delay in unloading. Is the insurance companyliable to pay the claim of loss? Which principle of insurance is violated ?Explain the principle. |
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Answer» अधिक लोचदार माँग की वक्र रेखा चित्र में प्रदर्शित की गयी है। 3. पूर्णतया लोचदार माँग - किसी वस्तु के मूल्य में बिना परिवर्तन हुए; अत्यन्त सूक्ष्म परिवर्तन होने पर ही समस्त ... |
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| 3842. |
What are the three stages of law of production |
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Answer» Answer: on Explanation: There is no difference between fixed and variable factors of production. There are 3 stages namely, increased RETURNS, constant returns, and decreasing returns, and no stage is considered best for the long RUN. Q2. STATE the Law of Variable Proportion with its Assumptions. |
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| 3843. |
List down the elements in a communication process |
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Answer» The COMMUNICATION process involves understanding, sharing, and meaning, and it CONSISTS of eight essential elements: source, message, channel, receiver, feedback, environment, context, and INTERFERENCE. |
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| 3844. |
An electricity firm manufactured the light bulbs that have the lenght of life that is normally distributed with near 3.0 years with standard deviations of 0.5 years.find the probability that a bulb burns1..Less than 2 3 years.2. Between 2 years and 3.5 years |
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Answer» अधिक लोचदार माँग की वक्र रेखा चित्र में प्रदर्शित की गयी है। 3. पूर्णतया लोचदार माँग - किसी वस्तु के मूल्य में बिना परिवर्तन हुए; अत्यन्त सूक्ष्म परिवर्तन होने पर ही समस्त ... |
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| 3846. |
Objectives of Forecasting? |
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Answer» OK. hope it HELPS you mark me as brain LIST. ok. hope it helps you mark me as brain list. Explanation: ok. ok. hope it helps you mark me as brain list. hope it helps you mark me as brain list. |
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| 3847. |
General objectives of Forecasting? |
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Answer» Explanation: It is to produce better FORECAST |
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| 3848. |
How human capital formation promotes inventions,innovation and technological improvements? |
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Answer» Answer: Answer: individual's income generating capacity. This enhanced productivity of human beings or human CAPITAL contributes substantially not only TOWARDS increasing labour productivity but also stimulates innovations and creates ABILITY to absorb new technologies. Explanation: I Hope this answer HELPS you pls mark me as brilliant and give a thanks pls |
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| 3849. |
What are the different types of interests calculated for the investments? |
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Answer» Answer: Here's a breakdown of the various forms of interest, and how each MIGHT impact consumers seeking CREDIT or a loan. Fixed Interest. ... VARIABLE Interest. ... Annual PERCENTAGE Rate (APR) ... The Prime Rate. ... The Discount Rate. ... Simple Interest. ... Compound Interest. ... 4 Ways to Protect Your Inheritance from Taxes. |
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| 3850. |
1). What is microeconomics? Write any three difference between microeconomics and macroeconomic |
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Answer» Microeconomics is a branch of economics that STUDIES the behaviour of individual units such as households, individuals and ENTERPRISES WITHIN the economy. Microeconomics USES demand and supply as tools of analysis to study the decisions of individual entities in the economy. |
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