Find the value of Lerner index if P=10 and MR= 5
Lerner Index = (P-MC) / P Also, MR = MC for optimal output. So, Lerner Index = 10-5 / 10 =0.5
P, Q and R three pipes connected to a tank. P and Q together fill the tank in 30 hours, Q and R together fill the tank in 40 hours. P and R together fil...
Two pipes A and B can fill a tank in 24 min and 32 min respectively. If both the pipes are opened simultaneously, after how much time B should be closed...
Pipe ‘A’ can fill a tank in 20 hours while pipe ‘B’ can empty it in 40 hours. They were operated on alternate hours starting with pipe ‘A’. ...
Pipe ‘A’ takes 10 minutes to fill a tank. Pipe ‘B’ takes 20 minutes to empty the same tank. If pipe ‘B’ is opened 5 minutes after pipe ‘Aâ...
There was the leakage in the Oil container. If 10 litre of oil is leaked out per day then it would have lasted for 25 days and if the leakage was 16 lit...
There was a leakage in the petrol tank. If 5litre of petrol is leaked out per day then it would have lasted for 30 days. If the leakage was 7litre per d...
A cistern has two pipes one can fill it with water in 16 hours and other can empty it in 10 hours. In how many hours will the cistern be emptied if both...
A leak in the bottom of the tank can empty the full tank in 18 hours. An inlet pipe fills water at the rate of 12 liters a minutes. When the tank is ful...
A pump can fill a tank with water in 2 hours. Because of a leak in the tank it was taking 7/3 hours to fill the tank. The leak can drain all the water o...
Pipe ‘A’ and pipe ‘B’, together can fill 20% of a tank in 6 hours while pipe ‘C’ takes 36 hours to empty it. ...
