Managerial Economics is a branch of economics involving the application of economic methods in the managerial decision-making process. Managerial economics is used to find a rational solution to problems faced by firms. These problems include issues around demand, cost, production, marketing, and it is used also for future planning.
If average of first 11 numbers is (n – 23) and the sum of remaining number is 925. Find the value of ‘n’, if the average of 25 numbers is ‘n’....
Average age of company A is 21 years and average age of both companies A and B is 13 years. If the ratio of number of employees in company A and B is 3:...
The average of 24 numbers is 48. If 5 is added to each number, then the new average will be:
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 70 and ratio of the 4th and the 5th number is 2:3. If difference between t...
The average cost price of 15 pens (having equal cost price) decreased by Rs.2, when one of the pen is replaced by a new pen having cost price of Rs.70. ...
The average age of a class of 17 girls is 12 years. If 3 new girls having average age of 8 years join the class, then the average age of the class becomes:
The mean of 50 observations was calculated as 75. It was later found that one of the observations was misread as 173 instead of 113. The correct mean is...
The average salary of an employee increased by Rs.2000 when he received a bonus of Rs.58000 in his 35th year of service. Find the average salary of the ...
The average weight of 10 books is 5 kg. If 6 new books are added, the new average increases by 3 kg. What will be the average weight of the 6 new books?
Mishti bought 20 kg apples for Rs 60 per kg, b kg apples for Rs 70 per kg and (b + 6) kg apples for Rs 50 per kg. She mixed all type of apples together ...
