Question
If the economy is operating at point C, the opportunity
cost of producing an additional 20 units of bacon isSolution
Opportunity cost is the value of the next best alternative. At C, MRT = 20/50 = 0.4
Pipe A fills a tank in 24 hours. Pipe A and B together fill it in 8 hours. Pipe B and C together also fill it in 8 hours. Find the time taken by A, B an...
Two pipes A and B can fill a tank in 15 hours and 25 hours respectively. If both the pipes are opened simultaneously, in how much time the tank will be ...
In a party a tank is filled with some quantities of juice. Three vessels of different volume are used to serve the juice. Volume of the smallest vessel ...
A bought an article at 8% less of the marked price and sold it at 15% more than the marked price. Find the profit earned by him.
Pipe 'X' is capable of emptying a tank in 15 hours. When Pipe 'Y', which adds 2.4 liters of water per hour, is also used, it takes 25 hours to empty the...
Pipe A and B can fill a tank in 36 and 45 hours. Pipe C can empty the tank in ‘x’ hours. If all three are opened, the tank is filled in 60 hours. Fi...
Pipe ‘A’ can fill a tank in 12 hours whereas pipe ‘B’ can empty it in 30 hours. If both pipes are opened together while pipe ‘B’ is closed a...
Pipe 'C' alone takes 5 more hours to fill the tank than the time taken by pipe 'C' and pipe 'D' together. Find the approximate ti...
Pipe 'A' can fill a water tank in 6 hours, while pipe 'B' requires 8 hours to do the same. When a third pipe, 'C', also contributes, the tank is filled ...
Pipe ‘A’ and pipe ‘B’, together can fill 20% of a tank in 6 hours while pipe ‘C’ takes 36 hours to empty it. ...
