Question
Consider the following items in the two tables and
choose the Correct Option. Table A Table B I- National Defence Public Good II- National Highways Private Good III- Government Administration Private Good IV- Clothes Public Good V- Movies Private GoodSolution
The benefits of public goods are available to all and are not only restricted to one particular consumer. For example, if a person eats a chocolate or wears a shirt, these will not be available to others. It is said that this person’s consumption stands in rival relationship to the consumption of others. However, if we consider a public park or measures to reduce air pollution, the benefits will be available to all. One person’s consumption of a good does not reduce the amount available for consumption for others and so several people can enjoy the benefits, that is, the consumption of many people is not ‘rivalrous’.
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X got 32% marks and failed by 96 marks while Y got 58.5% marks and got 63 more marks than passing marks. Determine the total marks in the exam.
 An officer ordered 3 computers of brand X and some computers of brand Y. The price of one computer of brand X was thrice that of brand Y. When the ord...
In a given years, A sold 1800 caps while B sold 45% more number of caps than A and C sold 20% less number of caps than B. Find the ratio between the num...
The price of a product was increased by 25% and then decreased by 20%. If the initial price of the product was ₹400, what is the final price of the p...
Monthly savings of ‘A’ is Rs. 500 more than his monthly expenditure and his total monthly income is Rs. 5900. If his monthly income is increased by ...
