Question
The fundamental economic concept that describes how
output changes in response to changes in input levels is best captured by the term:Solution
The production function establishes a quantitative relationship between inputs and outputs in farming, serving as a tool for efficiency analysis and planning.
A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference betw...
What is the simple interest on ₹5000 at a rate of 8% per annum for 3 years?
Dinesh invested Rs. (P-500) at the rate of 27% per annum on simple interest and at the end of three years, he got Rs. 4860 as an interest. Pankaj invest...
A certain sum is invested for three years at rate of interest being 25% and it is invested in both simple interest and compound interest (compounded ann...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
Krishna invests a certain amount at an annual simple interest rate of 9% for 2 years. The total amount he receives after this period is then reinvested ...
A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
Amit took a loan of Rs. 36000 at 10% per annum simple interest for 3 years. He invested the full amount in a scheme offering 13% p.a. simple interest fo...
The simple interest earned on a principal of Rs. 6400 at an annual interest rate of (p + 4)% for 3 years is the same as the simple interest earned on a ...
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
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