Question
Which of the following best describes the law of demand?
Solution
Law of demand ·        It explains relationship between the quantity demanded of a commodity and its unit price. ·        As per it, demand varies inversely with price, other thing being equal. rise in the price of a commodity or service is followed by a reduction in the quantity demanded and fall in the price is followed by extension in demand, with other conditions remaining the same.
Find the average of first 20 whole numbers.
A and B are positive integers. If A + B + AB = 65, then what is the difference between A and B (A, B ≤ 15)?
A boy was asked to find 3/5 of a number. Instead, he calculated 4/5 of the number. His answer exceeded the correct answer by 96. Find the number.
Group ‘M’ comprises four even integers in order, and group ‘N’ includes four successive odd integers. If the average of their first elements is ...
There are 120 candies, 120 chocolates, and 200 sweets to be distributed among groups A, B, and C, where each student in group A receives 5 candies, each...
- Calculate the largest 5-digit number which is divisible by ‘64’
The sum of three consecutive even numbers is 84. Find the middle number.
The sum of two numbers is 60 whereas the sum of their reciprocals is (20/9). Find the square of the product of the two numbers.
When a number is divided by 19 remainder is 7. Find the remainder when four times of the same number is divided by 19.
The sum of four consecutive counting numbers is 154. Find the smallest number?
