Question

Economics
Find equilibrium price, quantity demanded,
and profits in the two variety model if the
parameters of the model take the values given
in figure 4.1.
XL=1
X1=2
X2=4
XU=16
PL=1
Pu=100



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Answer 1

Answer:

1. Are the following statements true or false? Give

reason in support of your answer.

(a) The rate of photosynthesis continues to rise as long

as the intensity of light rises.

(b) The outside atmospheric temperature has no effect

on the rate of photosynthesis.

(c) If you immerse a leaf intact on the plant in ice cold

water, it will continue to photosynthesise in bright

sunshine.

(d) Destarching of the leaves of a potted plant can

occur only at night.

(e) The starting point of carbon cycle is the release of

Co, by animals during respiration.

(f) If a plant is kept in bright light all the 24 hours for

a few days, the dark reaction (biosynthetic phase)

will fail to occur.

(g) Photosynthesis is considered as a process

supporting all life on earth.