Programme Code : MEC
Course Code : MEC-003
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Year : 2011 Views: 667 Submitted By : KUNGA TASHI On 06th June, 2014

Do you have solution for this Question. If yes    I aslo want solution.

Q.


1. A bag contains 8 red balls and 5 white balls. two successive draws of 3 balls are made without replacement. Find the probability that the first drawing will give 3 white balls and the second 3 red balls.



2. Given the demand and supply for cobweb model as :



  Qdt= 18-3Pt



Qst = -3+4Pt-1



Find the intertemporal equilibrium price and determine whether the equilibrium is stable.


No Answer Found