Question
Which of the following is correct regarding
Giffen goods?Solution
Giffen goods are those goods whose demand is positively related to it's price. It means with increase in price of the good, it's demand would increase.
βPβ can complete 80% of a task in 32 days and βQβ can do 60% of the task in 54 days. If βPβ, βQβ, and βRβ all work together, they ca...
- βCβ and βDβ can complete a job in 20 days and 25 days respectively. They completed it together for Rs. 9,000. What will be Cβs share?
- A firm assigned 10 technicians to complete an assignment in 30 days. After 12 days of work, 4 technicians were moved to another location. What is the exten...
A alone can complete 50% of a work in 20 days while B takes 16 days more than A to complete it. If B and C together can complete the work in 24 days, th...
Anita started working and left after 3 days and aftere that Binita started the rest work and finished it in another 5 days. Had Anita left the work afte...
A and B together, B and C together and A and C together can complete a piece of work in 40 days, 30 days and 50 days respectively. Find the ratio...
Raj, Sanjay and Vaibhav can separately finish a work in 20, 30 and 40 days, respectively. In how many days Raj can finish the work if he is assisted.by ...
A does 4/5 of a piece of work in 20 days. He then calls in B and they finish the remaining work in 3 days. How long B alone will take to do whole work?
Pβs 4 days work is equal to Qβs 5 days work. If P and Q together can complete the work in 25 days then how much time Q will take to complete 40% of ...
A can finish a task by himself in 25 days, whereas B can finish the same task by himself in 10 days. A begins the task but stops after 5 days, at which ...