Question:medium

Match List I with List II
List I:
A. Profit maximization factor demand function
B. Not a market failure
C. Most liquid asset
D. Coefficient of determination \(R^2\)
List II:
I. ESS/TSS
II. Factor and output prices
III. Bonds
IV. Economics of scale
Choose the correct answer from the options given below:

Show Hint

Remember the statistical definition of \(R^2\): \(R^2 = \text{ESS}/\text{TSS}\). This single match (D-I) immediately points to the correct option.
  • A-IV, B-III, C-II, D-I
  • A-II, B-IV, C-III, D-I
  • A-II, B-I, C-III, D-IV
  • A-IV, B-II, C-III, D-I
Show Solution

The Correct Option is B

Solution and Explanation

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