Distinguish between econometrics and mathematical economics.
What do you understand by 'Market Demand Curve'? Explain.
The demand function of two commodities A and B are given along with their supply functions. Find equilibrium prices and equilibrium quantities exchanged in the market.
Distinguish between econometrics and mathematical economics.
Explain the use of Cross-Section data in demand analysis with the help of suitable example.
The demand function of two commodities A and B are given along with their supply functions. Find equilibrium prices and equilibrium quantities exchanged in the market.
