|
|
This post was updated on .
1) Qd = 100-2P & QS= 3Ps tax imposed = 1 /- unit, then what is post tax equilibrium
my sol: 100 - 2p = 3(p+t) p = 19.4 Qs= 58.2
2) two events are equally likely and are independent. P(events occuring simultaneously0 is 0.36. P(A)= ?
a) 0.9 b) 0.6 c) 0.4 d) cannot be computed
my sol: b
3)An asset last forever is expected to return rs 600 each year. if rate of interest = 12%. PV of asset?
a) 7200 b) 12000 c) 5000 d) 2000
my sol: c
4)All other things remaining constant a rise in exchange rate of rupee againt dollar implies
a) depreciation of rupee against dollar b) depriciation of dollar against rupee c) both d) none
my sol: a
5) U(X) = 3X1 + 5X2 P1 = 9 P2 = 16. At optimum choice
a) x1=x2 b)x1>x2 c)x1<x2 d) none
my sol: d
6)suppose critical region for a test statistics S in a given test of significance is given by S1<= S <=S2. Suppose the P( S<S1) = 0.3 and P(S> s2) = 0.45. what is the level of significance used in carrying out this test?
a) 0.03 b)0.48 c) 0.52 d)0.42
my sol: c
7)consider a society of 2 individuals in which a single commodity is produced, individual 1 getting x units of commodity and individual 2 getting y units of commodity. suppose only 3 outcomes are possible in any time period
A : X=10, Y=10 B: X=7, Y=5 C: X=5, Y=12
a) society prefer B over C b) Society prefer C over B C) soiety will be indifferent b/w b and c
d) We cannot say which of (a) (b) (c) will hold
|
Locked
