# Mean, Median, and Mode

[qsm quiz=1] Be familiar with Mean, Median, and Mode.

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# Elasticity and Slope: A critical analysis

Elasticity in Economics Meaning Law of demand shows only the direction of change in quantity demanded due to change in…

# N-M Utility Theory: Consumer Behaviour

N-M Utility Theory is the first theory in microeconomics that introduced risk and uncertainty in the demand analysis. Neumann and…

# Price Discrimination: Meaning, Reasons, Conditions, and Methods

Meaning Price discrimination is the microeconomic pricing strategy adopted by the monopolist to offer the same product to different consumers…

# Cartel: A clear economic analysis

CartelCartel is the formal agreement between two or more oligopolistic firms in terms of price, quantity, and market share in…

# Prove that the covariance of two independent random variable is 0.

Let X and Y are two independent random variables, then f(x,y)=g(x).h(y)----1 Now, g(x)=∑y y×f(x,y) for given value of x h(y)=∑x…

# Macroeconomic Indicators of Nepal: [5 Indicator Analysis]

1.1. Introduction The macroeconomic indicators of the country are the basic economic indicators that evince the aggregate economic scenario of…

# Interpretation of Dual

Interpretation of Dual by Rohan on Scribd https://www.scribd.com/embeds/383556301/content?start_page=1&view_mode=scroll&access_key=key-w24xfVBuB458TZ3nc5vK&show_recommendations=true(function() { var scribd = document.createElement("script"); scribd.type = "text/javascript"; scribd.async = true; scribd.src…

# Special Cases in Simplex Method

Degeneracy The degeneracy occurs when the mini-ratio comes equal. The degeneracy makes the solution lengthy. When degeneracy occurs, we will…