Question
Demand and supply equations were given as Qd = 300 - P,
Qs = P/2 and govt imposes specific tax you had to find quantity at which tax revenue is maximized?Solution
We know that when tax is imposed, Pd = Ps + t Pd – Ps = t 300 – Q = 2Q + t Q* = 100 – t/3 Tax Revenue = t.Q = 100t – t2 / 3 For maximizing tax revenue, 100 – 2t/3 = 0 So, t = 150 Q* = 100 – 50 = 50
After arranging the given words according to dictionary order, which word will come at the ‘Third’ position?
1. Series
2. Serious
...Which of the following cube in the answer figure cannot be made based on the unfolded cube in the question figure?
Six person U, V, W, X, Y and Z are sitting around a circular table facing each other (not necessarily in the same order). X is on the immediate right of...
After arranging the given words according to dictionary order, which word will come at ‘Fifth’ position?
1. Version
2. Versus
<...  Words given on the left side of ( ∷ ) are related with each other by some Logic/Rule/Relation. Select the missing word/word pair on the right sid...
‘A + B’ means ‘A is the son of B’, ‘A - B’ means ‘A is the wife of B’. ‘A × B’ means ‘A is the brother of B’, ‘A ÷ B’ mean...
In the following figure, square represents Intelligent, triangle represents Smart, circle represents Handsome and rectangle represents Students. Which o...
Arrange the given words in the sequence in which they occur in the dictionary.
(i) Process
(ii) Processes
(iii) Procedure
...What is the rank of P?
Select the option that represents the correct order of the given words as they would appear in an English dictionary.
1- Laudanum
2- ...
