Question
In a model with two goods, x & y, with x plotted on the
horizontal axis, the price consumption curve generated by changing the price of x is parallel to the x – axis. This implies thatSolution
If PCC (Price consumption curve) is horizontal (due to change in price of x), it means Y is not changing and only X in changing. Equation of Budget line is Px.X + Py.Y =M. In this case, total expenditure on X remains same (even if there is change in price of X) and hence price elasticity is -1 for good X.
If the length of a rectangle is increased by 40%, and the breadth is decreased by 20%,then the area of the rectangle increases by x%. Then the value of ...
A number is increased by 20%, and the resulting number is decreased by 20%. If the initial number is ₹x, the final number is ₹2880. What is the valu...
Solve for x in the equation: 3(x + 2) + 2(2x - 5) = 5x + 9
(u - 5) 2 + (v + 2) 2 + (w – 4) 2 = 0, then find the value of 4u - v + w.
If x = (√13 + √12)/ (√13 - √12) and y = (√13 - √12)/(√13 + √12), then find the value of 4x2 – xy + 4y2.
...If a, b and c are integers such that a 2 + b 2 + c 2 = 228, a + b + c = 26 and b = c, then find the value of a?
Find ‘x’ if (x³+3x)/(3x²+1) = 189/61
What is the highest common factor of (x³ - x² - x - 15) and (x³ - 3x² - 3x + 9)?
If ( p = 40 - q - r ) and ( pq + r(q + p) = 720 ), then find the value of ( p2 + q2 + r2).
