Question
A firm sells 40 units of commodity X when its price is
10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0.8.ÂSolution
es = (delta Q* P)/ (delta P*Q) 0.8 = 20*10/(P2-20) *40 P2 = 16.25
Statements:Â
I @ Y © Z * A $ MÂ
Conclusions:Â
I. Z * MÂ
II. A % YÂ
III. A % I
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
In the following question the relationship between different elements is given in the statements followed by three conclusions I, II and III. Read the...
Statement: X = Y ≥ Z > Q; Y < V; W < Q
Conclusions: I. V > W II. Q > V
In which of the following expressions will the expression ‘M ≥ N ' and ‘Q < O’ be definitely true?
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
...Statements: Â SÂ * Â C, C $ T, T # U, U % VÂ Â
Conclusions :
I.V # T
II. C % U
III. S # U
IV. C % V <...
Statements: 5 = 1 > 6; 7 ≤ 4; 6 > 9 > 2 < 4
Conclusions:
I. 5 > 2
II. 7 > 5
III. 6 > 2
Statements:
J $ R % U % C
Conclusions:
I. R © C
II. J * U
III. C % J
Statement:G≥ K, K ≤ S, S = M, M < N
Conclusion: I. N > K II. G < S